Looking for suggestions for a place to move in the US as a remote employee
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    dag06001
    1y ago 80%

    Connecticut is always good. An hour to the shore, close to Boston and NYC. Bradley is a great airport and there are lots of remote jobs if yours doesn’t work out long term. Plus the best pizza in the world.

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    Land acquisition question - Two Car Garage
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    dag06001
    1y ago 100%

    Thanks for the tip. I won’t heat it so I probably won’t insulate. Mainly using it for storing cars and bikes

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    Land acquisition question - Two Car Garage
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    dag06001
    1y ago 100%

    I’m thinking it’s: -$16k to aquire -closing/legal costs -$3k for land surveys -town permits -concrete pad -driveway -tree work - $8k -grading/removal of debris -garage build -electrical

    I haven’t received any quotes for some of these tasks but I thinking total coast after purchase will be $60-$75k but I don’t have much to base those numbers on.

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    Land acquisition question - Two Car Garage
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    dag06001
    1y ago 100%

    It’s not a large lot, .17 acres. Any suggestions on how to make money with it? My wife and I both have steady incomes but I get what you are saying. We probably have 60% of the total project cost wrapped up in some investments that we could liquidate if we had to. Those investments probably net more than the heloc rate right now

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    Land acquisition question - Two Car Garage
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    dag06001
    1y ago 100%

    Yeah that’s the plan for now. I’ll need to take down a few giant pines back there and grade. All that can be done this year probably. I wish heloc rates were still low, locked in at 3% for the home.

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    Land acquisition question - Two Car Garage
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    dag06001
    1y ago 100%

    Luckily I have the cash for the land. It’s the loans for everything else that is worrying me.

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    Land acquisition question - Two Car Garage
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    dag06001
    1y ago 100%

    Yeah for sure. 3/4 neighbors are elderly and don’t want more land. One neighbor just died so there is a chance that house could sell and they could find out about the land. It’s not listed for sale so I think I’m in a good spot. Even if the garage doesn’t work out, the extra land will be great

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    Land acquisition question - Two Car Garage
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    dag06001
    1y ago 100%

    What upkeep would be required on the interior? Not having a garage in the northeast sucks pretty hard, this would be my only option for a garage. I don’t have to get everything done asap either, looking to do things in chunks to not get totally overwhelmed mentally and financially

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    Home Improvement dag06001 1y ago 100%
    Land acquisition question - Two Car Garage

    I’ve recently come into a situation where my neighbor is willing to sell me a .17acre lot that runs behind my house. It spams about 3 properties on the south border, one on the north and one on the west. I talked to the town and they would let me absorb this land into my current property. I want to build a two car garage that exits into my back yard. I’m also looking for some storage space and a workbench area. The driveway would connect to the east and run up to the garage. I’d be getting the lot for $16k and it requires some tree work, grading and a bit of junk removal. The quote for the survey is $3k for both properties. I have no idea what legal fees are involved. I can purchase the property with cash but the rest of the work will need to be financed somehow. I’m looking for any advice before I start this process. Some questions I have: -Are metal garages worthwhile? -Anyone do anything similar/advice? -Any loan options? Saw heloc is 7% now -Am I stupid for jumping into this?

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