Winter Storage
12-07-2017 | 11:11 AM
#21
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From: Mish-she-gan
12-07-2017 | 11:41 AM
#22
Joined: Oct 2002
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From: Canton, MA
NOT in the little house with the big garage. The big garage will probably be down the Cape. I hope I find the little house, big garage for sale so that I don't have to try and get a permit to build it.
12-07-2017 | 11:45 AM
#23
Joined: Oct 2002
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From: Canton, MA
Where does the land exist there for you to do this? Land in the DC area, even way out, is very expensive. Developers buy up a lot of it. So I assume you are thinking a rural area wherever that is? How far away from where you live are you willing to travel? Or are you relocating to a more rural area yourself? It does sound like a great idea if you can find the right piece of property.
This is about 2 miles from my house in Falmouth:
https://www.realtor.com/realestatean...6_M38394-86132
Read the entire description and click through on the photos and you will get the idea. The oversized two car garage is a bit too small, but I may be able to add on to it....
12-07-2017 | 11:51 AM
#24
Joined: Oct 2002
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From: Canton, MA
12-07-2017 | 11:55 AM
#25
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From: Arlington, VA
^ So you will have to bargain some to get that price down to anywhere near what you want to pay. But two acres is a lot. House is old but looks well maintained. What could you rent it for? Or something comparable?
Last edited by MsPerky; 12-07-2017 at 11:59 AM.
12-07-2017 | 12:16 PM
#26
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From: Crack house in Norton, MA
12-07-2017 | 12:28 PM
#27
Joined: Oct 2002
Posts: 34,113
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From: Canton, MA
I have no problem offering $50K less. I think the house would rent out for $1800 to $2,000 per month so figure income of $20K per year from which I will pay the property taxes, repairs and maintenance. It won't be a big money maker, but it should cover itself expense wise, diversify my long term investments, and net me a nice workshop for free! In 20 years or so when i can't do the things I do now, I'll sell it and hopefully enjoy a nice gain. The key is to find a property that already has what you want. That's the tough part.
The other option is to sell the house in Canton and buy a smaller house to live in that has everything i want, or the land to build it on. But I'm not sure when we will be able to sell the Canton house. I can go either way on this.
