Do you see prices in rural communities and you’re tempted to buy? Have you found a cute little house in the country?
I’d like to suggest that for most people, you’re better off not getting into a new line of debt. However, there are a few exceptions to that rule that would allow you to purchase property wisely. Recently, an acquaintance of mine who is a real estate agent shared that right now is a sellers but it’s a difficult for buyers.
(1) Are you and some friends interested in living together in a sustainable community? If you can find a piece of land that you can equally divide, so you each are responsible for your own family but still serve one another, it would be worth it.
(2) When you look at the property, does it already have well? A sewer? Water? All these things are fairly expensive and many industries are backed up right now and what that means for most people, is that you will be on a waiting list.
(3) Is the property high and dry or in a flood zone? Living in Florida’s swamp land means dealing with flooding yearly in some areas of the state.
(4) Is the property set back into the woods and preferably off any main roads? Your going to want privacy.
(5) Is it fenced in already? Rural Florida is known for people letting their dogs loose and run amok. It will help keep nosey neighbors and the census man out too.
(6) Is the land “old wooded Florida” or is it cleared off? Clearing off land can cost a few thousand so keep that in the back of your mind.
(7) Is there currently any established homesteading investments that you can take over? Has someone already invested in building in a small coop or garden beds?
(8) Are you currently swamped with debt? It will not be helpful to add further debt, especially at such an unstable time in our country. Pay off your current debt before adding on any new.
(9) Can you make money off the property? The first though that needs to come into your mind should be about whether or not you can quickly start making money off the property the moment it’s yours. Can you host weddings or receptions? Can you host birthday parties? Can you host family reunions? Are you able to place bee hives and see the resulting honey? Are chickens allowed so you can sell eggs? What about rearing rabbits for herbivore manure or selling meat rabbit breeds?
(10) Is it a part of an HOA or not? Avoid HOA’s at all cost if you want a homestead, as gardens are heavily sanctioned by many HOA’s.
If you need help finding a property or want to discuss other living options, shoot me an email at suburbanhomesteadingtoday@protonmail.com or PM me here.