What would you have done?
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Paying rates, insurance, taxes, and maintenance on an empty property isn't an investment, it's a liability.
This is almost certainly a myth, and I don't know why so many people believe it.
Because when you sit on that property for 3 - 5 yrs, doing thenbare minimum to keep it functioning, you can then sell it for 20-30% more. You don't have to anything.
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Because when you sit on that property for 3 - 5 yrs, doing thenbare minimum to keep it functioning, you can then sell it for 20-30% more. You don't have to anything.
That type of value increase is pretty rare, and by no means guaranteed. And even if it's true, you could make even more money still by tenanting the property.
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Oh no, instead of getting money for doing nothing you will get money for paying someone to do a cosmetic repair once every several years. Should I feel sorry for you? I entered a landlord mode so I forgot what empathy is, so I need help here.
You did ask why the property would be vacant, and that's one answer.
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There are some spectacularly stupid people in this thread, that are apparently refusing to accept that renovations are a thing.
It's quite bizarre.
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The sheer amount of it makes me think that tampering with it will get you in trouble with some bad people
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This reminded me of a story that happened when I was still in the Navy.
I was stationed in San Diego and I had a friend who had gotten out and became a sheriff's deputy, in a nearby city, and he offered to let me do a ride along with him for a the day.
There were a couple of things that happened that changed my opinion of him and cops in general (I am 99% ACAB now though).
Towards the end of the day, someone made a call that someone was smoking meth in a motel room. My friend was called in to assist the cop already there.
We got there and he had me stand back until he waved me in a few minutes later.
I walked up and the OP cop had, what looked like, two skater types sitting on the curb just outside their motel room. Still teenagers.
My friend said he needed me to help toss the room, looking for drugs while the other cop questioned them.
Going into the room, my friend asked the kids to do him a favor and just tell him where the drugs were. They told him it was behind one of the nightstand drawers.
Sure enough it was there (sandwich bag of pot), but my friend said we still needed to search, just in case there really was meth, or something else illegal.
While we searched, I could hear the cop question the kids. They were from a town over and just got paid. They both lived at home and just needed a place to smoke.
In the room was a new skate board deck, some Sonic, and an Xbox with some games. No meth. They were begging for them not to call their parents and I just thought these kids were fucked.
We finished searching and came out, my friend gave the pot to the other cop.
This part is what blew my mind.
My friend looks at the kids and says, "Let me guess. You were both smoking and some guy smelled the pot, knocked on your door and asked to have some and you told him to fuck off?"
At no point did the kids say anything about someone knocking on their door.
The kids looked flabbergasted and stammered, "How did you know?", to which my friend said that was who probably called in, saying someone was smoking meth.
They then took the handcuffs off and my friend then says, "Next time, don't answer the door."
The other cop then GIVES THEM THE POT BACK, and we all walk away.
I was sure those poor kids were fucked and I said as much. My friend then said, "I don't give a shit about pot. Kids don't break into Grandma's house and rob her so they can get money to buy pot.
...were the kids white, out of curiosity?
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like the other person said, concentrates. That's why concentrates are so big in the cannabis market, fresh flower doesn't keep very long or sell at the kind of volume that edibles or pens made from concentrates do
fresh flower doesn't keep very long
Properly dried and then shielded from light, heat and moisture, sure it will.
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The sheer amount of it makes me think that tampering with it will get you in trouble with some bad people
Yeah, I wouldn't mess with the kind of people who own that much, or even let on that I'd seen it.
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They're just buds, and without the proper extraction equipment, there's not much you can do with it other than make some very weak edibles. I suppose you could also smoke it, but then you'd skunk up the entire neighborhood and not even get that* high.
10 years ago I would be salivating over this picture, but with legalization being a thing in many parts of the world for so long now, it's kind of hard to get excited over buds when you're used to high-terpene concentrates that are easily 5x stronger than flower.
wrote on last edited by [email protected]without the proper extraction equipment
All you need is a a proper filter and you can shift the kief out and press it. Can get one from most fabric stores, just right micron size. Now you've got traditional hash.
That's not as effective but arguably simpler equipment than this next one. Pick up acetone and a glass/metal container and bowl (oh and a metal sieve if you've not got one, but coffee filters will do as well) from a hardware store. Crush the bud, soak it in acetone, pour the acetone into the bowl and then let it evaporate. That's oil. With a little tuning, you can make extremely high quality extracts this way.
So idk, you're probably thinking of some elaborate CO2 extraction systems as "proper extraction equipment" but none of that jazz is necessary for high quality extracts. We've been making them for literally a few thousand years by hand, lol. Although making charas is out of the question pretty much with dry weed.
Doesn't even look that great from the parts you can see and the fact it's definitely been in those packs for a long time, it's probably throat scratching med-tier over-dry weed. Meh.
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I thought the white ones were powder and I felt a lot less conflicted. but I see now that it looks lumpy, like more weed
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The sheer amount of it makes me think that tampering with it will get you in trouble with some bad people
wrote on last edited by [email protected]I guess it depends on where you're at? Those look like ounces not pounds, honestly not that much value even if they were pounds, especially if you're in a place where it's legal.
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That type of value increase is pretty rare, and by no means guaranteed. And even if it's true, you could make even more money still by tenanting the property.
Not necessarily. Not only you will have to maintain the houses beyond bare minimum, you will have to deal with tenants. But if you just hold it, it will never depreciate in value, you can do all the speculation bullshit on it, taking loans using it as collateral, and billion of other slimy shit they do, and if you're lucky it will increase in value a lot over time, meanwhile you don't need to do shit other than pay some alcoholic to visit it once every three month to see if nothing leaks.
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It's possible that your lemmy client is doing something weird, you seem to respond or get responses to some parallel comments
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I guess it depends on where you're at? Those look like ounces not pounds, honestly not that much value even if they were pounds, especially if you're in a place where it's legal.
Maybe quarter pounds. Still tens of thousands of dollars in a legal state.
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...were the kids white, out of curiosity?
Of course!
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15lbs of incense
7,210lbs of incense
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7,210lbs of incense
7210lbs of nonsense
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I haven't made weed butter, but id imagine it should keep for a really long time if there's a layer of endistrubed butter on top. Covering stuff in fat is an age old method of preservation.
I make it in the pressure cooker so I'm pretty confident about cooking out the pathogens
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That type of value increase is pretty rare, and by no means guaranteed. And even if it's true, you could make even more money still by tenanting the property.
Have you even looked at housing post-covid
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Make weed butter and leave it in the freezer. Use it to make mind blowing edibles whenever you want. Keeps for about a year.
Butter kept in the freezer can be kept indefinitely.
