Re:Ask HN: How to find a small town to relocate for remote w...
by phpnode on Monday August 15, 2022 @05:17AM
(#32467480)
Pine Bluff's population has declined by 50% over the last few decades, presumably the reason they were so cheap is that there's a huge supply surplus? And given the murder rate is 10x the national average I don't see demand for property increasing. In short, run for the hills!
Re:Ask HN: How to find a small town to relocate for remote w...
by type0 on Monday August 15, 2022 @06:01AM
(#32467773)
That place needs to rename into Pine Hoax
Re:Ask HN: How to find a small town to relocate for remote w...
by rngname22 on Monday August 15, 2022 @11:10AM
(#32470676)
130k at tax auction for double digit # of properties, what's the annual property tax for all that?
Re:Ask HN: How to find a small town to relocate for remote w...
by pontifier on Monday August 15, 2022 @01:15PM
(#32472442)
About $8k per year. Most were bought for just back taxes, so I basically paid 5 years taxes on them. A couple of them were bid up, so the taxes are less than 1/5 what I paid.
Re:Ask HN: How to find a small town to relocate for remote w...
by rngname22 on Monday August 15, 2022 @01:19PM
(#32472497)
Ah I see that is pretty cool then. Wish you the best in your ventures there.
Re:Ask HN: How to find a small town to relocate for remote w...
by azernik on Tuesday August 16, 2022 @06:28PM
(#32489812)
You bought the other ones because they're cheap... but what is the actual gain you expect to get from those properties? $130K is still money, is there a plan to recoup that investment or was this a FOMO purchase?
Buying the others was honestly WAY, WAY, WAY cheaper than you'd expect. I almost didn't feel like I had a choice it was so cheap. Spent about $130k at a tax auction to get them all.
It almost feels like land is the only thing they can't steal around here.