$25k for a strip of property behind 6 different $1m houses? Iād go get a loan for that if I could. Sounds like millionaires that are willing to pay to have shit NIMBY. Donāt want to pay? Iāll be doing yard work with 2 stroke machines every day to improve my property value. Then Itād be a great place for me to make metal sculptures. 15ft rusted steel monsters that take weeksā worth of cutting with my angle grinder.
25k across six houses would be about 5k to buy the land and combine it with the existing lots. You could probably get the money together in a week. Unless thereās an asshole neighbor that doesnāt want another 20-40 sqft of land.
This is exactly what I was thinking. Iāve been trying to buy the field behind my house for a while. 5K to add in a nice dog run or accessory dwelling unit. It would be awesome. Iād but my neighbors they didnāt want and build a tall viewing platform and sell it back to them for double the cost. š¤
Yeah IANAL but it seems like there could be almost no legitimate use for this strip of land and therefore should rightfully be part of the surrounding properties.
An old municipal right of way that got turned into private property somehow.
People living in those houses should definitely be attempting adverse possession on it.
$25k for a strip of property behind 6 different $1m houses? Iād go get a loan for that if I could. Sounds like millionaires that are willing to pay to have shit NIMBY. Donāt want to pay? Iāll be doing yard work with 2 stroke machines every day to improve my property value. Then Itād be a great place for me to make metal sculptures. 15ft rusted steel monsters that take weeksā worth of cutting with my angle grinder.
25k across six houses would be about 5k to buy the land and combine it with the existing lots. You could probably get the money together in a week. Unless thereās an asshole neighbor that doesnāt want another 20-40 sqft of land.
This is exactly what I was thinking. Iāve been trying to buy the field behind my house for a while. 5K to add in a nice dog run or accessory dwelling unit. It would be awesome. Iād but my neighbors they didnāt want and build a tall viewing platform and sell it back to them for double the cost. š¤
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I think they were kidding but at the same time I think you very fundamentally misunderstood their overall strategy.
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Get the millionaires to purchase the land behind each of their plots for $10,000 each. Start the bidding at $25,000 each.
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Yeah IANAL but it seems like there could be almost no legitimate use for this strip of land and therefore should rightfully be part of the surrounding properties.