___________________________One benefit to not being in a med state is that growers aren't something landlords have on their radar. These days every rental on the west coast is on the lookout for growers, probably colorado is the same way. Oklahoma, indiana, new york etc. . . Probably not something that even crosses their mind unless you have dreads, a bob marley shirt and bloodsht eyes when you show up. I would think the main thing you want is distance. Between the property and where your landlord lives. If they're within an hour away you're going to be seeing them more often compared to further away. Second, or maybe tied for first actually is religious nuts. You definitely don't want Jesus freaks controlling your life in any way like the place you live. They will make your life hell in the mistake belief they are trying to save you. Third, neighbors. If I were in a non legal state I wouldn't want to be within sight of any neighbors I'd be way out in the country on a farm with some animals to be my cover. Set up some beehives and sell honey and goat milk on the side or something. I would be sketched out renting from someone who seems like they are in on their own game, whether they look like stoners or cokeheads. If they are into drugs or anything they will eventually want a cut of what you have as a thank you for letting you rent their place. Too many stories I heard in the triangle of landlords thinking they were entitled to an extra thousand a month, 20% of harvests or more when the shit wasn't even illegal. If it's illegal they can blackmail you hardcore, definitely I wouldn't risk that.
No not really rent to own, or lease with option to buy. Both would involve the land lord in shit. A lot has to do with the contract two. There are to s of these houses on Craigslist and other sites people are selling. It's basically people selling houses but acting like a bank for the loan
whateveryeah i see where you're going..
wish i could be of more help bro!
best of luck, but too many variables i cant give you opinions on shit that is sketch. LOL.
How am I way over my head on the entire gig, you don't even know me, so explain yourself please...You have to be REALLY careful now with that "owner financing" tag...especially (on CRAIGSLIST!) with lotsa folks upside down/in possible jeopardy with the lender/bank/etc. who actually holds the (first) note. What you don't know can truly fuck you up. If it looks too good....it probably is. You don't get money back when you fuck up in this game....
Always get an attorney. If you can't afford one/thnk you can do the deal on yer own/with a handshake/verbally "to stay under the radar", you are in WAYYYYY over yer head on the entire gig.
And always remember.."contracts' are only enforceable if you have the $$ to do so in court...and even then there's no guarantees.
I don't believe I made a statement definitively that I am definitely going to buy a house with a landlord/owner situation. In fact, I'm a liscenced real estate salesperson agent, so believe me I'm well aware of that type of option to buy a house, and it's simply the wrong way to go about it. I completely agree with you that that's a very risky, unsafe way to go about it. The safest and smartest way to purchase real estate property is through the bank, so you have complete control over the property, and therefore you don't have to worry about the "landlord issue". In fact most of the people that do get busted is a direct or indirect result of renting out a house. Buying is the way to go if one has the money. However, if one owns a home and you get popped, there's always the risk of the FEDS seizing your house/property due to the forfeiture and seizure laws. that's why in some grow books, the author recommends you rent a house rather than buying it, because of this simple fact. However, I disagree with the author, I believe it was Ed Rosenthal that advised in one of his many books to rent rather than buy. Anyways, my idea is to move to a state with the least amount of jail time for cultivating/possession of MJ, and I believe after researching all the states in the country, Massachusets is by far the best state to do this in, besides Wyoming, and Alaska. Besides, I believe Mass is on the verge of successfully passing medical marijuana, or they might have already. I have to look into that further, which would help mitigate the consequences if things go south. I'm neighbors with MASS, so that makes it convenient too as well. And, believe me I am very patient and calculating, and am very careful and cautious on proceeding this matter. I'm also not new to this even though it may sound like that due to the original post I made regarding this issue. I just wanted to get some intelligent feedback from successful growers only to reassure what's the best choice to make when the op is indoors. I would appreciate your feedback on my approach that I stated to go about this. What do you think of my idea? Thanks bros for all your input. If you have any other input to add, please do so.....Just as I said...if you think you can seal the deal without an attorney or have any idea whatsoever that any of this is casual or different than buying a house anywhere else in a legal sense..... simply because it's an owner-sell.... think again. You can lose this land/house just as easily dealing with an individual as you can dealing with a bank. If >something< is askew/isn't in order in the paperwork/agreement, the entire deal could go south...even years into it.
Just advising you to proceed cautiously. You are STILL dealing with a landlord/owner...and he STILL owns the property until you pay it off....just as the bank owns their note/property til you pay them off "in full".
good luck
So you pay the realty company and the landlord is not involved whatsoever?I use small realty companies with lots of properties. as long as rent is paid on time, every time I never hear from them. The only drawback is if something breaks I cant call them to fix it but who gives a shit
So you pay the realty company and the landlord is not involved whatsoever?
How could they be the owner if it's a rental? So, you're saying the real estate companies own the rentals that they advertise? I thought that the landlord pay's the realty company money to have the realty co. rent it out for them?the reality company IS the landlord/owner so as long as you pay your rent they arent gonna go see what youre up to, they have better things to do than harass paying customers
How could they be the owner if it's a rental? So, you're saying the real estate companies own the rentals that they advertise? I thought that the landlord pay's the realty company money to have the realty co. rent it out for them?
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