Homestead in the Bush

Where I live, renting a TINY house costs more than a 25 year mortgage on a 3 bedroom 2 bathroom house.

If somebody actually only took enough rent to pay a 40 year mortgage they would be losing so much money. They would be better off putting there money in a savings account...

 

Please confine your comments more closely to the subject at hand, or at least light-heartedly poke fun at the old, homesteading hippies. Debating land ownership or the non-viability of capitalism are subjects for the politics forum. Openly insulting the beliefs of other posters will not be tolerated. Thank you.

 

I admit my post was quite shotty and most people in a capitalist society try to turn a little profit on real-estate my numbers were way off lets look at some realistic formulas.
Here is a typical rental formula from Bankrate. Com



"A good rule of thumb, according to landlord and rental research, is to charge no less than 1.1 percent of the home's value up to about $100,000 ($1,100), 1 percent up to about $125,000 ($1,250), and a slightly smaller percentage as you climb the home-value ladder.

For example, homes valued at $150,000 to $175,000 usually would rent for 0.9 percent of value (150,000 x 0.009) or $1,350 to $1,575, while you'd only get, at an average, about 0.75 percent ($3,000) for a $400,000 home (400,000 x 0.0075)."

Hmmm 1% of $4000.00 $40.00 about right for a one room shed with no running water in a rural place.
At $400.00 that is 10% still 10X times higher the capitalist average. I was wrong could only be 10X times higher.
Good Karma? You decide
Do you feel good about your tenants paying full rent to shit in a bucket and not take showers?

You can call me a capitalist but I have ethics when I’m making my fair share I will quit and pass on the good value to my others. I don’t make more and more as much as I can at the expense of others that is not good karma.

$400.00 a month to live in a shed with on water?

So lets come together and try to better our capitalist real estate ethics.

We are all family and need to help each other out. :H

 

For one thing this rental is not a "shed" it is a 14' x 20' well insulated cabin with a loft, fully furnished kitchen, toyo stove with heating oil included, wood stove, view, garden space, privacy with a 15 minute drive to the university.

As for good karma, yes I feel quite good about my rental charges and what I provide for those charges. My rent is about $150 less than cabins of like quality go for.

What you are failing to see is that things are different here in Alaska that anywhere else and while a dry cabin my seem archaic and slummy to you living in the lower 48 suburbs, they are a viable reality of life in the interior.

Anyway lets take your numbers from bankrate.com:

While I only spent $4000 in cash I collected and recycled materiels over years and milled some of my own timber into rough cut lumber and built the place myself and my labour is worth something. The tax man values the structure at $38,000 and the two acres is sits on at $ 12,000 for a total value of $50K. And I do pay land taxes based on this assessment. So according to the "normal" rule of thumb I should be charging no less than 1.1% of $50K or no less than $550 per month for rent. Hmmmm... sound like my tenants are getting a great deal. Maybe I should raise the rent.

 

^Nice way to warp those number you would make a good accountant or a junk bond salesman.

Yeah,I guess money talks..
And the capitalist world goes round all the way to the Alaska bush…
I have nothing further to add to this thread so I let you guy discuss rental deals in the Alaska bush and move along. Good luck with you business ventures.
Peace, Love and Light

 

I think I'll change my user name to "evilalaskanlandbaron" You know all that money I'm making charging outlandish rents to unsuspecting hippie students, my big net income of $4000 a year (before federal tax), is being used to further repress the down trodden all over the world. My evil ways have finally been found out.

 

How did I warp those numbers? I must be smarted than I think I am. Your example clearly used the home's value as the base for figuring out what to charge for rent. I used the places assessed value (not even the market value which is more) to figure what 1.1% was and foud out my rental is worth no less than (according the the information you provided) $550. So my tenants are getting a place at an 18% discount over what is a fair price based onA good rule of thumb, according to landlord and rental research (again based on the information you provided).

 

gobot sounds like a troll to me just ignore him

 

this aint the only thread the dudes played high holy in..

just another hypocrite..

 

i galanced through his posts and they all looked that way

 

YA would think as an evil land baron I would be able to spot a troll wouln't ya.

 

ya i always thought evil could spot other evil too

 

:jester:So young deadhead...wanna rent a cabin? It comes with a steal your face tapastry.

 

meh all i have to do is look at my left arm to see steal your face so that isnt too much of an incentive. But living in a cabin and the homestead lifestyle does really appeal to me. Unfortuantly i have no money and would never rent a cabin from alaskas evil land baron!

 

I hope gobot remembers that I asked him nicely.

 

Ah well, I'm off to find some other unsuspecting person to take advantage of.

ps. I saw the photo of your tatoo and I dig it. The steal your face tatoo I have on my shoulder (pot leaf instead of lightning bolt in the skull) is old enough to legally drink. And the cabin really does have a stealie tapastry in it.

 

Hey guys just checked up on the thread I have been sort of missing in action for a bit. Wow this posting sure took off in all directions. When I originally posted I kind of had a certain life style in mind; if you go to U Tube and search for Braving Alaska its a documentary about the life I am interested in. The movie comes in 6 separate part I think have a look and post back what you think. Thanks hippykdb

 

sounds interesting ill make sure to check it out

 

^Yeah! Richard Proenneke that guy is awesome I saw that movie on PBS a while ago.
Awesome documentary! Some real good info and shows some great backwoods living skills.
That guy is a real homesteader.

 

o the documentry is about him, ive been looking all over for a library that has the movie. Anyone that hasnt checked out his book should, i couldnt put it down once i started reading it.