You just need to change your lifestyle and live more within your means then. Are you in the US? You can get many acres of land in Kentuckey for like $50K and live off of it. Its true.
Discussion
Yeah if you're lucky you can get land cheap
But not everyone has 50k just laying around to buy land then 100k more to start building on the land and have the money for the land tax which will go up once you start building on it
So for the land tax on this land with house would be like $300 per year.
I know not everyone has it lying around. While young that money only takes a few years. If not spent partying it goes a long way. I know many who receive a little money from parents and blow it on a fancy car. This is not the way.
It really is possible to do all of this if you start out smart and spend less than you make. Take out zero debt.
Mines $600 a year but that's because the city doesn't know that a couple rooms were slowly added to it and it's only a triple lot.
If I were to sell it... the next person would be paying triple at least
Wait. Your city raises property tax each time the property gets sold?
I have to say here that living off of the land is a hell of a lot more difficult than most people think it is, and frankly you still need income or the taxes will force you into foreclosure. I live off grid, 800 AH LiFePO4 and 5800W but the investment for that privilege was 30k alone, and it’s still not enough power for a normal lifestyle. Animal husbandry is a full time job, growing food crops is complicated by pests, it’s easy to lose an entire year to voles, gophers, mice, aphids, fungus, predators, and the list goes on. Cheap land is usually cheap for some really good reasons. #homesteading
This is great knowledge. Wasnt so serious about living off the land. Just using as an example of buying land cheap and EVEN livinig off the land. But i never considered all the things you mentioned. That would make it really hard. Wow. Would love to try it one day. I guess im thinking of buying that 50 acres and not living off it. Maybe if i needed to, but just having land makes me excited.
It is exciting. I have 60 acres and love spending my days here, I dropped 50k on an excavator just to be able to do something with the land. The price of admission is not cheap. I spent 25 years working full time and running multiple business just to get here. It’s not a survival strategy, it’s an earned privilege. #homesteading