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Sunday, December 1, 2019

waste not, have not


WASTE NOT, HAVE NOT
Benjamin Franklin was a pretty cool dude, an old lecherous hump sniffing around the Frog gals panties when he wasn't busy selling the government on the pleasures of depriving the Limey's of a North American colony. And he had a million nuggets of wisdom, one which MIGHT have been “waste not, want not”. If he did print that, he probably stole it from somewhere else. But no matter, if he didn't say it, he should have. And that was true, before the Industrial Revolution. At the end of it, not so much.
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The Oil Age and the Industrial Age were a pretty good time. Even Bush Bitches in darkest Africa can drink Coco-Cola and get free plastic bags to defecate into ( a nasty habit of city dwellers without toilets, who then dispose of them rather carelessly )( I'll never forget a short lived survivalist magazine, late 80's, which had an article by a thrifty Scot who found a perfectly fine coffee can housing a human turd, who could not stop himself from rescuing the container ), compliments of greedy humps turning irreplaceable oil into disposable containers.
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But that time, oil & industry, is wrapping up. Just as a silver mine will close with ore still left inside, because the remaining amount won't pay the heavy machinery, workers and financiers, so too will the oil stop flowing, with plenty left in the ground. The last barrels down below won't be sufficient to pay the bankers, who are failing after twenty billion barrels of fracking oil, and whatever is left won't do the trick either. Without funding, production halts, and the bankers are doing the funding. But the bankers also used the derivatives market to make a profit. And that is unraveling.
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In theory. I could be wrong, and I pray that I am. But I don't think so, not really. My apologies for my inability to blow smoke up your ass in return for profit. If there is a heaven, I'd like to think I can be admitted for doing some good. And as God is a jealous god, prohibiting false idols and all, I don't think Mammon worship is looked upon favorably. What is the problem with derivatives? The leverage. Leverage is your friend until it turns on you and consumes the very air you need to breathe. And I'm pretty darn sure the bankers are suffocating right now.
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Banker McStinkyhead needed to fund the fracking industry, because energy IS collateral for creating credit. The more energy that flows, and who cares if you birth or borrow money to get the energy, the better your economy does. The better your economy does, the longer you last after foreign oil ceased, your Tech Wreck loans went bad, your housing bets went bad and you are one quarterly lose away from the house in the Hampton's being foreclosed.
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The problem is that fracking loses money. How do you buy hookers and blow for that mansion, if your loans are to a money losing enterprise? You use wonderful, beautiful derivatives that came through so many times before ( as they crashed and burned every time before ). And what better way to use derivatives than leverage the crap out of them? What was one of the causes ( besides central bank manipulation) of the Great Depression in 1929? Leverage. The Housing Bubble ten years ago? Leverage. The more crap changes, the more it stays the same.
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The Federal Reserve is pumping up to $100 billion in short term loans each working day, and the definition of “short term” is being stretched out. The bail-outs have begun, and I believe it is because the leveraging has already gone bad. This is GLOBAL, which means it is most likely the biggest and the last unwindings financially. As such, would it perhaps behoove you to diversify out of cash and bankers digital wealth? Again, no one can guarantee this is a spot on analysis. I've been wrong before on the timing of the collapse, and I could be again. So the question you want to ask yourself is, do you feel lucky, punk?
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Now would be a good time to ask yourself, is it a suitable gamble to perhaps waste your investment monies? I've wasted more money prepping than I have money invested. Wasted money on real estate I abandon. Wasted money on shelters I end up deciding are in the wrong location. Wasted arsenals I decided could be improved. Items paid top dollar for, when I could have waited a few years to drop drastically in price ( those who bought a $2k AR-15 during the Clinton gun ban know what I speak of ). But it simply didn't matter how much you wasted. The point was, you were prepped.
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Right now, seemingly time being short, you might be thinking you needed to be hurrying up and prepping. Buying junk land you weren't sure you wanted, buying a pallet of expensive freeze dried food because that was better than not having enough food ( say, if you were worried about the midwest flooding and/or the grand solar minimum ). Buying cases of canned food that weren't your favorite. Buying more crappy ammo than was prudent, because waiting for sales on higher quality might be LESS smart. We could continue on all day how easy it is to waste money prepping the wrong way.
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But sometimes it is simply better to waste money and have SOMETHING, than to keep money and have nothing. I don't advocate waste, not in Frugal Prepping, but no one is going to be mistake free, and sometimes it is better to somewhat throw caution to the wind. Sometimes you just say, screw it, I'm taking this risk. Err on the side of caution, by having assets. Even if they were overpaid for. No one is saying bet the rent money. Just beware if time is short, better something less than perfect you overpaid for rather than nothing.
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Junk land buying got me thinking on this. Something that is quite easy to procrastinate on, trying to avoid mistakes. But everyone that has that land is happy they at least have something, anything. Even if they wish they bought elsewhere. At least they are better off than before. And if they waste that money, as they buy another, better lot? So what? They were covered before, safer. It might be a very expensive feeling, but it isn't a waste of money by all metrics. Who claimed peace of mind was free?
( .Y. )
( today's related Amazon link click HERE )
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note: payday, my minions!  Novembers earnings came in at a respectable $143 donations, $243 Amazon commissions and $11 book sales.  $397 total.  You can't beat that with a sharp stick!  Thank you one and all, I appreciate it more than you think.  
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note: free for today books.  Zombies, but a new ( to us ) author with lots more published HERE 
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note: SF, you beautiful bastard, many thanks for the PayPal donation of generous proportions.  
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Please support Bison by buying through the Amazon links here ( or from http://bisonprepper.com/2.html or www.bisonbulk.blogspot.com ). Or PayPal www.paypal.me/jimd303 

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*** Pay your author-no one works for free. I’m nice enough to publish for barely above Mere Book Money, so do your part.*** junk land under a grand *  Lord Bison* my bio & biblio* my web site is www.bisonprepper.com *** Wal-Mart wheat***Amazon Author Page
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46 comments:

  1. I have made many mistakes prepping, building and farming. It is easy to be hard on oneself about this. But I have learned a lot so now when I work on a project I know how to do it right most of the time.

    You are correct, at least I have something even if I bought the wrong product, built poorly, or farmed inappropriately for my area. Now I know better.

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    1. School of life has a high tuition cost, but you get more returns than on a Gender Basket Weaving Studies degree.

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    2. I beg to differ. As college degrees go, best is none. These days you'll never get back the money you invested and you'll lose 4-5 years of time in your younger years.

      Next best is to get any cockmamie degree you can, just so long as it's a 4-year degree. Because with that 4-year degree, you can then tack on all sorts of certs, to teach English overseas, or the latest programming fad, etc. So a degree in LGBT basket weaving would be well worth it and it would have been a far better goal for myself, instead of the EE degree I never finished because I didn't have the sense to realize that unless you're already middle-class, you're not going to be able to get an engineering degree that will supposedly get you into the middle class. You'll be strangled by poverty, hours a day commuting, the shittiest jobs because everyone hates students but esp. hates a white student trying to lift themselves up, lousy food because of the poverty, etc.

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    3. So, no social mobility now, even to the middle class? Do you really think it is that bad now? I was just assuming it was a fools game to try to get there, not really paying attention if you COULD. I've been poor so long, I'm happy and comfortable. He says, right before he gets rectal cancer and has no health insurance :)

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  2. Recently a Deutsche Bank executive committed suicide. Before that, there were a whole lot more. When you write about derivatives I think of a specific banker who made a fortune that way. He's in the article linked here. He also worked at Merrill Lynch, the investment bank that paid $400 million to Orange County, CA, after it went bankrupt in '94 due to the risky investments. God was right about worshipping mammon instead of wheat.

    https://nypost.com/2016/06/12/why-are-so-many-bankers-committing-suicide/

    https://www.dailymail.co.uk/news/article-7735543/Deutsche-bank-exec-signed-Trump-loans-commits-suicide-age-55.html

    https://www.nytimes.com/2013/01/18/business/robert-citron-culprit-in-california-fraud-dies-at-87.html

    I see from your link that Walmart sells a 24 pound bucket of Auguson Farms wheat for less than $24. I think once I find a place to live, I'll buy some of those first. Have a good day, Jim.

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    1. 1929 Suicide? Or, Epstein Suicide? Hmmmmm. Remember, Amazon also carries the same buckets of wheat, same price with no shipping charge, just in case. Sorry, should have commented on that ( it's coming up in an article in a few days ). I've re-bought wheat after moving, plenty of times. Almost not worth the gas/moving van cost ( you'll have to decide if we are moving into a food shortage situation or not. Me? I say no, but it isn't my belly on the line )

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    2. No big conspiracy on Deutsche Bank guy. He left the firm in 2015 and his wife died in 2017. I'm guessing depression. No spooky woo woo.

      Also, when Dildo Mail prints an article about Trump you can guaratee a few things 1)extraordinarily poorly written from stand point of who, what, where, when,and how.
      2)Throw in misspellings, atrocious grammer and logic.

      In banking biz a single bank or banker is not going to sign off on $1B, like the article implies vis a vis Trump. A dozen people review and submit to committee and in house credit and legal teams. Then they syndicate big loans amongst seeveral other banks as a risk hedge. Deutsche might have been lead but they werent on the hook for anywhere close to $1B.

      Unlike Epstein who ran a close to vest blackmail operation IMO, this ex-banker guy just offed himself. No woo-woo. No "wet works" to cover up some alleged Trump skulldrugery.
      Banking records are easiet thing for prosecutors to get a hold of because no one wants to get caught holding a hot potato in one of world's most regulated scrutinized industries.

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    3. The banks own the politicians. No bankers went to jail over 2008 ( I think a total of two low level patsy's took the fall. More Enron people were jailed than from all of 2008 ). Ask Hilary how many folks she silenced to stay in power. Not saying they were suicided, as much as let's not discount the possibility. Whistleblowers? I don't know, but it is an interesting question.

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    4. Jim, the articles indicated mostly death by hanging, and the authorities investigate them. One jumped out of a building and police think that he did not die right away from the fall, and that head injuries indicated a struggle before the "jump." The first two articles were pretty detailed, the third guy died from a heart attack at 84 years old.

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    5. More dead bankers = great news. Who cares if they suicided or "were suicided" as long as they're dead?

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    6. LOL. Okay, good point. I guess I got too argumentative for its own sake there.

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  3. “But everyone that has that land is happy they at least have something, anything. Even if they wish they bought elsewhere. At least they are better off than before.”



    That’s where I’m at, and I have you to thank for it. That said, while I still have some funds left, I’m thinking of getting a lot in the Ozarks. In Nevada, I’d be living the life of a lonely, isolated, single dude (The west, and Nevada in particular, is a total sausagefest). Absolutely not looking for marriage, kids, or even co-habitation, but also not looking forward to the life of a lonely single monk.

    But I’ll keep that Nevada land regardless. I might even use it part of the year, when it’s hot and humid in the southeast. There is a very sound reason for this of course. My property taxes for the year were $17 :D Yes, that has a way of putting a smile on your face.

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    1. Any way to visit the Ozarks first? I'd worry about being accepted there. Might be closed off culture. Of course, that said, you can probably resell Ozark land easier than Nevada land. Might be worth going for anyway. Some Greater Fool could then take it off your hands as the city exodus intensifies.

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    2. You bring up a good point Jim, and honestly, I have no idea if I would be accepted. I sorta just assumed that enough people have moved into the area, that it isn’t as much of an issue as it once was. I’ve already decided that it would be wise to have some sort of back-story, about my origins. “No, I’m not from Commiefornia” :D And no one would ever guess that I was, unless they asked, because I differ so greatly from most of the freaks that reside in this state.

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    3. I guess what I was thinking more of was that the transplants to the area, where you would be more comfortable, are in the very expensive land price areas. Are you going to have to live among the White Trash, locals of several generations, to get a cheap enough lot?

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    4. Yes, I see what you mean now. And yes, I would have to buy cheap enough land that I would be living closer to the locals. And I certainly don’t wish to be “Ned Beatty’ed” up the rectum, by the local hillbilly anal wrecking crew :D

      What I like about living back there, is the heavy annual rainfall, easy to grow stuff, long growing season, and course the trees to hide behind. But perhaps it’s not such a good idea after all, and you’ve provided me with some food for thought, so thanks.

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    5. Just a little more nourishment, then I'll shut up. Live in the desert, and invest the money in a solid bulletproof means of commuting into town ( with a lifetime supply of spares ). No shortage of entitled spoiled females in town. If you bring crack and whiskey, they will come.

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    6. Anon 8:25 For what it's worth, I spent a lot of time looking for land in the Ozarks. I was living in my van, and working, going around looking for owner financed parcels on the weekends. There are some super poor, bad areas (crackheads). But overall most of the people seemed very friendly. I bought a 3 acre lot, it was cheaper than staying at a campground. I stayed for a year and left for better, cheaper land in Oklahoma. A lot of the Ozark land is very steep and rocky, most of the cheaper parcels might be 5 acres that only 1 acre is buildable, the rest dropping off. The roads winding up and down take forever to get anywhere. Better suited land for a total collapse. At the time I was looking for flatter land with some crop growing areas, that I could possibly commute to work.

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    7. If I had the energy, and several decades left, and I was so inclined ( wanted to farm ), I would gravitate towards Oklahoma before the Ozarks. OK just seems more hospitable to settlers.

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    8. Thanks Demented guy, that’s encouraging. Not having a lot of disposable income, I really can’t afford to go there to look at land, so it would probably be an online purchase. I just have to hope for an honest realtor, that can shed some light on the status of the neighborhood, and will check it out to the best of my ability with google earth.

      Ideally, I’d like to get enough land to have a good buffer around me. It’s not as important to me for it to be all usable, so long as I have enough of an area to build a cabin or the such. I don’t really want to spend more than a couple of grand, so hopefully I can get at least a few acres of heavily wooded land for that amount. Here in the west, the only really cheap land is desert. I do like desert, but prefer woods if I can get it.

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  4. A lot of little things add up to bigger things. I can't seem to get my draw-fire time down below .81 seconds. I got a friend with a decent video camera-tripod rig to film my hands up close and 2 things I realized under very close observation was that while going from safe to fire with my index finger caused my finger to drag slightly along the front of the trigger guard. That guard has been ground down to half it's width but my finger still contacts it. I believe if the entire front of the guard was removed it would shave nano seconds off my draw-fire time.

    Another thing I recently became aware of was when the front sight pin is centered in the rear sight hollow there is a slight space between the sides of the front sight and the inside sides of the rear sight, and I believe they are distracting and causing me to take slightly longer to get on target before firing.

    On a good note, I installed a Wilson Combat recoil buffer on my Beretta 92FS and it caused the front end bounce to reduce quite a bit allowing me to get my 2nd shot on target faster. Little things.

    Your lesson for the day:
    Learn the diff between fine motor skills and gross motor skills regarding your shooting. Under stress fine motor skills won't work very well so you need to adapt to gross motor skills when you are NOT stressed and therefore be prepared when stress comes a calling. An example of what I am saying is the idea of pulling the trigger with the very tip of your finger. In normal circumstances that is fine but under stress that fingertip will cause your shots to be low and to the left (right hand shooter) because of the geometry of how the finger works. In a stressful situation is is better to use the gross motor skill of seating the shooting finger fully into the trigger space and using the rear most portion of the trigger as it will prevent the trigger movement from forcing the gun down and to the left. Now git out there splatter some lead.

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    1. I sling far more doom, gloom and BS than lead, so I yield my time to you on this subject.

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    2. Ya know, no matter what gun you use, if you don't know how to use it properly and don't gain experience with it it won't do you much good when you need it, it may even get you killed, or worse. (think hobo)

      An experienced shooter can take, say, a century old 303 and after about 20 rds to get up to speed and learn the gun, will be an expert with that gun cause he already has learned the basics of gunmanship which can only come through experience. You really should use up some of your ammo. Just a friendly suggestion.

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  5. "If there is a heaven, I'd like to think I can be admitted for doing some good."

    Your "good" isn't good enough.
    Ephesians 2:8-9 "For by grace you have been saved through faith; and that not of yourselves, it is the gift of God; not as a result of works, so that no one may boast."

    "But at least I believe that God does or might exist."
    That won't work either.
    James 2:19 "You believe that God is one. You do well; the demons also believe, and shudder."

    Romans 10:9-10, "...that if you confess with your mouth Jesus as Lord, and believe in your heart that God raised Him from the dead, you will be saved; for with the heart a person believes, resulting in righteousness, and with the mouth he confesses, resulting in salvation."

    So you must claim Him as LORD, which means you will do what he commands. Your Sunday School lesson for the day :-)
    Romans 14:11

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    1. Yep if you're gonna move out to that farmstead out in 3-Tooth-County, you'd better have a pure white pedigree (best if your family tree doesn't branch much) and have a fair amount of Holy Roller in you.

      I wish I still had the thing but back in my early Ebay days I dealt in a lot of books and one I had was printed in the 40s I believe, about the noted WWI hero Alvin York. He'd come from 3-Tooth-County, and after his war service went back to set up a hospital and a school and such things.

      The inbreds there constantly fought; it was a way of life. Every group sitting around the stove at the country store constantly traded barbs, the sort of "yo momma" type stuff ghetto people do but much nastier and often the cause of knife fights and suspicious accidents later. The homocide rate was high.

      Sgt. York himself had a couple of attempts made on his life while he was trying to help his own people out, that gives you an idea of the kind of society it is. Pretty much the corn-bread white-bread equivalent of Afghan hill types, who also constantly fought when they didn't have Russians or Americans to fight.

      York only kept alive due to his being a quite large and rather scary guy. Propaganda made him out to this Mr. Nice Guy but really, he was meaner and tougher than the rest of 'em, and a bit cannier too.

      In other words, backwoods Mad Max and not the movie Mad Max but the real thing.

      And this is during non-collapse times.

      Now, you think you're gonna move out to 3-Tooth-County and get by OK? With daughter, wife, son, dog, goat, yourself, un-raped? Don't have any tattoos that might look good on a banjo skin...

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    2. Hate to break it to you, but these folks will all survive and breed, popping out more Three-Toothers. Look how well the ghetto Blacks do, even while most are in jail. The constant fighting, insular and ignorant superstition and less education produce a tougher barbarian that thrives as civilization dives. Good for them, as a tribe. Bad for anyone thinking they can join up ( on this we agree ).

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    3. I live in the the MO SW Ozarks, and I hope your narrow minded Hollywood version of us DOES keep you out of our gene pool. We don't need morons like ya'll gumming up the works w/ your tofu brains. Tofu tastes like whatever you marinate it in.

      And me thinks your brains would taste like Schiff...yeo were all cannibals too!

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    4. Not sure how long you've been reading me, but I am rooting for the barbarians. They have a much better chance of surviving, as we devolve back into tribalism. Insular, "uneducated" by civilized standards, suspicious and violent are universal tribal traits, not indicative in particular of banjo playing hillbillies.

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    5. Yeah, sometimes it’s painful to read the comments from that dude from Commiefornia. I’m from Commiefornia, and that’s why I want the hell out.

      Incidentally, in that Glubb book, he mentions something about empires being at their strongest, when they’re the most barbarian and war like. Once they cross over to the point of becoming “enlightened” and “educated” you have a bunch of intellectuals sitting around dreaming up such “enlightened” and “lofty” ideas; such as “women’s rights” and “fag rights”, to push off on the rest of us unenlightened normies. You know, things that run entirely contrary to nature, and weaken societies. One imagines that the Russians and the Chinese are in a constant state of laughter over the plight of modern day American pop culture.

      Russian 1. They were so afraid the commie boogeyman, they took on half the globe to try and defeat it.

      Russian 2. And yet they allowed the enemy within to completely hijack their civilization, and ruin it just the same. Too bad they didn’t listen more closely to that McCarthy fellow :D

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    6. It has got to be the best running comedy, on both Russia and Chinese networks, the clown show that is our civilization collapse.

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  6. Jim, you are doing a great deal of GOOD. You tirelessly help people for little compensation, and you have volunteered in behalf of others, even suggesting that I do likewise in retirement. Thank you for your example!

    From the NKJV translation, James 2:14-26:

    Faith Without Works Is Dead

    "14 What does it profit, my brethren, if someone says he has faith but does not have works? Can faith save him? 15 If a brother or sister is naked and destitute of daily food, 16 and one of you says to them, “Depart in peace, be warmed and filled,” but you do not give them the things which are needed for the body, what does it profit? 17 Thus also faith by itself, if it does not have works, is dead.

    18 But someone will say, “You have faith, and I have works.” Show me your faith without [a]your works, and I will show you my faith by [b]my works. 19 You believe that there is one God. You do well. Even the demons believe—and tremble! 20 But do you want to know, O foolish man, that faith without works is [c]dead? 21 Was not Abraham our father justified by works when he offered Isaac his son on the altar? 22 Do you see that faith was working together with his works, and by works faith was made [d]perfect? 23 And the Scripture was fulfilled which says, “Abraham believed God, and it was [e]accounted to him for righteousness.” And he was called the friend of God. 24 You see then that a man is justified by works, and not by faith only.

    25 Likewise, was not Rahab the harlot also justified by works when she received the messengers and sent them out another way?

    26 For as the body without the spirit is dead, so faith without works is dead also."

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    1. But you know I'm just a selfish bastard and don't help out of a pure heart but for myself? Don't get me wrong, that is how we SHOULD be living-helping others. But we do it to help ourselves, unless we were raised viewing it at a biblical duty. I just do to others as I want them to do. I don't view that as noble. Am I reading too much into it? Sorry, occupational hazard.

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    2. When you get right down to it, biblical teachings if followed, non-coincidentally, lead to a higher return on investment in the long run. When we fail to follow biblical wisdom we learn the hard way--hookers and blow, for example (LOL, I crack up every time you put that in your essays). If God indeed wrote the Bible through men, then it is inspired teaching by the author of all creation, I'd think. Follow that, you benefit; don't follow it, and you find life is tougher than it need be. Fulton J. Sheen wrote words to the effect, that when you don't live according to the Word, you get a double dose of suffering--both now in this life and the next. So the idea of "viewing it as a biblical duty" misses the point and is all too often the wrong way to teach people, especially children, about *why* one should have self-discipline in fleshly matters (uh, hookers and gold diggers will take the fruits of your labor), and being kind to others -- whether you believe in God or not -- is usually good for both parties. Pascal's Wager is the extra bonus or insurance policy, even for doubting Thomases.

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    3. "Return on investment". Never thought of it that way, good point

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  7. Just out of curiosity Lord Bison, when you purchased tour different lots over the years, did you buy rhem sight-unseen? Its a big leap of faith, but its difficult to get out and travel to remote, long distance locales. Seems like "travel" funds would be better spent on land and or tools/supplies for the land...when all I need right now is a BTN Collapse Crash Pad.

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    1. All six lots bought sight unseen, and that was prior to Google Earth ( or at least Internet fast enough to use it, not sure ). I look at a map and see road access ( I would NEVER buy if I needed a private easement ) and nearby water, length to town, that is all I need. And, well, ahem, demographic information.

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    2. I suppose I should clarify here, the above contrasting to my question of visiting the Ozark land first. There were plenty of areas I knew better than to try to move to. New Mexico, for White Boy minority status. Utah for crappy zoning and PA threat from LDS. Anywhere in YankeeLand. It was areas I'd been to and had a reasonable expectation of living among regular folks I bought land sight unseen.

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    3. I’m the minion from above jl, that bought Elko junk land online after being emboldened by Jim to do so. You are right in that it is less practical to spend travel money to go and visit land that you will likely pay less or the same for, as the travel expenses to get you there to see it. Google earth is your friend, and that’s what I used to get an overall layout of the land.

      Jim mentioned something about deeded, or legal access, and this is something to watch for. Yes, believe it or not, there are parcels for sale, smack dab in the middle of other private parcels, that you cannot legally access, if the other property owner wants to be a stinker (This might be the first time that I’ve ever used such a nice word to describe another person :D ) If it’s a more expensive property, and you’re going through a title company, they will check this for you. But chances are, with the cost of the land that we’re talking about here, there will be no title company involved.

      Bottom line jl. You need to check with the county directly, to be sure that there is legal access, no restrictions, liens, back taxes on the land, etc and so on. You can’t always trust realtors to be thorough. Mine was a tax default auction, and in some cases, the owner can come back and take the land back. I called the county, and they put my mind at ease, by explaining that my land was past the point of the previous owners taking it back, and that it was 100% mine legally. I got 2.5 acres for $2K. Yes, it’s desert, but I feel good about the purchase, and even better about the $17 a year taxes that I pay on it.

      Hope this helps.

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    4. Yeah, thanks! I didn't realize the county did it that way. I thought they were just keeping most parcels off the sale block to jack up the price. Nice to know I was wrong on that. Appreciate the education.

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    5. I think the way that it works Jim, is that initially, once the taxes go delinquent, the loan is sold to a private party, or investor (If I recall correctly, banks don’t want to do deal with this sort of thing, and are all too happy to sell off the loan). A period of time must pass before you, the new title holder, can keep the land free and clear (I want to say that it’s 5 years?). At the end of that allotted time frame, you either keep the land, or auction it off. (That’s how the rancho costa nada dude got his land, by the way) The previous owner (Really, still the current owner) can come back at any time during that “grace period” and make good on the back taxes. You as the investor have little to lose, since you get all of your money back, and usually then some, but you may not get to keep the land, which may or may not be a good thing, depending on what you were hoping to get out of the deal.

      I didn’t buy my land directly from an auction, but rather the lady that sold it to me did.

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    6. I thought it was 9 years, per the Soldiers And Sailor Act, but my memory is faint.

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    7. I don’t actually know what it is Jim, so you could be totally right about that. Oh, and in case it isn’t obvious, you really don’t want to buy land titles this way, unless you’re looking for an investment. But for a guaranteed legal squat, purchase it outright.

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    8. We agree on its unsuitability at this point

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  8. The Soldiers and Sailors Relief Act only appplies while you are in a training or deployed status, unless post-911 modification screws lenders to GI's who want to flake on debt until discharge. It takes 5 years worth of taxes due for most places to auction your house, and more years to get title free and clear.But, I am a fan of real property at 95% off, even if your early improvements might be lost, just as a legit place to park/camp.
    Pdxr13

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    1. Agreed, unless that is your only place, and no where else to go. Thanks for clarification

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  9. "But everyone that has that land is happy they at least have something, anything. Even if they wish they bought elsewhere. At least they are better off than before."

    Yes. Absolutely. I don't have any buyer's regret. I bought what was affordable in a place I had (to my mind, and I'm the only one I listen to :-) ) chosen to good reasons. Got a cache stashed, more stuff within walking distance, and no regrets.

    Would I have liked a place with more cover, a well, and trailer already on it? Yeah, also, I'd like not going bald, and Raquel Welch back in the day. Things are what we make of them.

    Also: "just as a legit place to park/camp". Yessir.

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I must moderate-trust me. Criticize ideas, NOT the people behind them. Be civil. You will be warned twice and the third time just deleted. No N-Bombs. If you disagree with me, you must praise my hair first.