Money is always the sticking point in something like this. Who can afford to purchase the land/building for such an undertaking?
But, what if an abandoned, slightly run-down, but still viable warehouse or large house was found... Might need to start with a pool of candidates and work from there... And approach the owner of the property as listed with county property records. Approach with a proposed agreement.
"If you will allow us use of your property rent-free for a period of X years, we will agree to (1)pay all property taxes during that time, (2)provide improvements to the building and surrounding lot. You will benefit from this in that you will not have the financial burden of the taxes, and at the end of the time span, your property will have increased in worth and will be more salable due to the improvements we will provide."
I don't know what the legal requirements for any such agreement might be. Anyone have any ideas on that? Think it'd work in principle/theory? Anyone want in on it?
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2 comments:
How did I not know about this blog??
Anyway, I am so in. Let's geek out about this tonight. And I am seriously willing to do it and make a little urban homestead with friends.
I haven't gone advertising any of my newish blogs. I mostly wanted quiet space where I could brain out ideas in words. Tim shared one or two on his reader feed once, i noticed, but I don't think anyone caught on that it was me. I picked a new SECRET IDENTITY! **cackle** They'll never know!
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