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chuckie
Elite Nomad
Posts: 6082
Registered: 2-20-2012
Location: Kansas Prairies
Member Is Offline
Mood: Weary
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And down on Concepcion bay, a few years back, the land owner just burned people out. After 30+ years living in Mexico, I think the slogan on land
ownership should be "Pay me now or pay me later" BUT you WILL pay a lot in the end....
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Paco Facullo
Super Nomad
Posts: 1301
Registered: 1-21-2017
Location: Here now
Member Is Offline
Mood: Abiding ..........
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It's a harsh cruel world out there, so's ya's better grab at every bit of enjoyment ya can, while it's still around.....................
Since I've given up all hope, I feel much better
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chuckie
Elite Nomad
Posts: 6082
Registered: 2-20-2012
Location: Kansas Prairies
Member Is Offline
Mood: Weary
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THAT is the PLAN
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elgatoloco
Ultra Nomad
Posts: 4332
Registered: 11-19-2002
Location: Yes
Member Is Offline
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Quote: Originally posted by Bajaboy  | | Quote: Originally posted by Pacifico | | Quote: Originally posted by Lee |
Don't invest in more than you can walk away from. Why invest at all if the odds are against you?
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This is great advice. Advice that my dad told me years ago. I guess this applies to me. I have an investment in Mexico and in my opinion, it is worth
it. Our Baja pad has brought my family and friends so much happiness and enjoyment over the years that the financial risk is worth it. It's a risk,
but I can't imagine life without our special place in Baja. Nobody gets outta here alive, and you can't take it with you!
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A F'ing Men!
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Ditto.
My parents bought a shack on a cliff overlooking a beach in 1960 for $1,200.00 and it came with a 99 year lease. In the last 5+ decades it has brought
so much joy to family and friends that it is immeasurable. Recent years things have gotten less stable as far as land titles and the rest. At one time
we thought the house would be lost to the ocean. Now it looks like it will more likely be lost to greed-aka-landowner wants to make millions. I have
been saving money for years to buy one of the first new lots in the front row when the campo gets bulldozed and paved over. 
Have fun while you can.
MAGA
Making Attorneys Get Attorneys
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Lee
Ultra Nomad
Posts: 3507
Registered: 10-2-2006
Location: High in the Colorado Rockies
Member Is Offline
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| Quote: Originally posted by elgatoloco |
My parents bought a shack on a cliff overlooking a beach in 1960 for $1,200.00 and it came with a 99 year lease. In the last 5+ decades it has brought
so much joy to family and friends that it is immeasurable. Recent years things have gotten less stable as far as land titles and the rest. At one time
we thought the house would be lost to the ocean. Now it looks like it will more likely be lost to greed-aka-landowner wants to make millions. I have
been saving money for years to buy one of the first new lots in the front row when the campo gets bulldozed and paved over.
Have fun while you can. |
Doesn't read like your parents had title which means they didn't own the land. 99 year lease? Wasn't a lease. (Besides which this ''lease''
wouldn't hold up in Court if challenged.)
You lucked out. Make a fortune or lose you shirt in MX real estate.
So, legitimate landowners recognize appreciation down here and that makes them greedy? Myopic POV.
US Marines: providing enemies of America an opportunity to die for their country since 1775.
What I say before any important decision.
F*ck it.
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Mulege Canuck
Nomad
Posts: 387
Registered: 11-27-2016
Member Is Offline
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Buy someone’s dream, don’t build your own and only spend what you can walk away from. It comes down to how much you can walk away from I guess.
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elgatoloco
Ultra Nomad
Posts: 4332
Registered: 11-19-2002
Location: Yes
Member Is Offline
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| Quote: Originally posted by Lee | | Quote: Originally posted by elgatoloco |
My parents bought a shack on a cliff overlooking a beach in 1960 for $1,200.00 and it came with a 99 year lease. In the last 5+ decades it has brought
so much joy to family and friends that it is immeasurable. Recent years things have gotten less stable as far as land titles and the rest. At one time
we thought the house would be lost to the ocean. Now it looks like it will more likely be lost to greed-aka-landowner wants to make millions. I have
been saving money for years to buy one of the first new lots in the front row when the campo gets bulldozed and paved over.
Have fun while you can. |
Doesn't read like your parents had title which means they didn't own the land. 99 year lease? Wasn't a lease. (Besides which this ''lease''
wouldn't hold up in Court if challenged.)
You lucked out. Make a fortune or lose you shirt in MX real estate.
So, legitimate landowners recognize appreciation down here and that makes them greedy? Myopic POV.
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Not greedy, smart. I don't really blame anyone with legitimate rights for doing whatever they damn well please with what they own. If I were in their
shoes I would likely do the same.
I doubt I have met anyone luckier then us, really. We have made a 'fortune' because have 50+ years of joy and memories.
In 1960 a 99 year lease was the norm. No one knew different and who was to argue. My parents recognized that it was a bargain at any price, embraced
the view of 'don't' spend more then you can afford to walk away from' and never thought the good times would last this long. My folks are gone now but
they have left a legacy of their own with four generations of family enjoying the place.
Technically no one has title to the land our casa is own. Its federal property and for the last 35 years we pay our 'lease' at the federal office.
Last year it was $282.00. My family would gladly pay 10-20-30 times that if we had too. Everybody's situation is different. We could drive up to the
gate tomorrow and they could be a sign saying no trespassing SOLD and there wont be a damn thing we can do so we don't really worry about it. Nothing
lasts forever so enjoy it while you can.
MAGA
Making Attorneys Get Attorneys
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Bajaboy
Ultra Nomad
Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
Member Is Offline
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| Quote: Originally posted by elgatoloco | | Quote: Originally posted by Lee | | Quote: Originally posted by elgatoloco |
My parents bought a shack on a cliff overlooking a beach in 1960 for $1,200.00 and it came with a 99 year lease. In the last 5+ decades it has brought
so much joy to family and friends that it is immeasurable. Recent years things have gotten less stable as far as land titles and the rest. At one time
we thought the house would be lost to the ocean. Now it looks like it will more likely be lost to greed-aka-landowner wants to make millions. I have
been saving money for years to buy one of the first new lots in the front row when the campo gets bulldozed and paved over.
Have fun while you can. |
Doesn't read like your parents had title which means they didn't own the land. 99 year lease? Wasn't a lease. (Besides which this ''lease''
wouldn't hold up in Court if challenged.)
You lucked out. Make a fortune or lose you shirt in MX real estate.
So, legitimate landowners recognize appreciation down here and that makes them greedy? Myopic POV.
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Not greedy, smart. I don't really blame anyone with legitimate rights for doing whatever they damn well please with what they own. If I were in their
shoes I would likely do the same.
I doubt I have met anyone luckier then us, really. We have made a 'fortune' because have 50+ years of joy and memories.
In 1960 a 99 year lease was the norm. No one knew different and who was to argue. My parents recognized that it was a bargain at any price, embraced
the view of 'don't' spend more then you can afford to walk away from' and never thought the good times would last this long. My folks are gone now but
they have left a legacy of their own with four generations of family enjoying the place.
Technically no one has title to the land our casa is own. Its federal property and for the last 35 years we pay our 'lease' at the federal office.
Last year it was $282.00. My family would gladly pay 10-20-30 times that if we had too. Everybody's situation is different. We could drive up to the
gate tomorrow and they could be a sign saying no trespassing SOLD and there wont be a damn thing we can do so we don't really worry about it. Nothing
lasts forever so enjoy it while you can. |
Hell yeah brother!
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thebajarunner
Ultra Nomad
Posts: 3718
Registered: 9-8-2003
Location: Arizona....."Free at last from crumbling Cali
Member Is Offline
Mood: muy amable
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Great attitude Matt
You are so right.
And it ain't right, but that's the way it is sometimes
Your family has had a million dollar return on the investment
Hoping it continues for you, but hey
"It's Baja"
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advrider
Super Nomad
Posts: 1863
Registered: 10-2-2015
Member Is Offline
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| Quote: Originally posted by Bajaboy | | Quote: Originally posted by elgatoloco | | Quote: Originally posted by Lee | | Quote: Originally posted by elgatoloco |
My parents bought a shack on a cliff overlooking a beach in 1960 for $1,200.00 and it came with a 99 year lease. In the last 5+ decades it has brought
so much joy to family and friends that it is immeasurable. Recent years things have gotten less stable as far as land titles and the rest. At one time
we thought the house would be lost to the ocean. Now it looks like it will more likely be lost to greed-aka-landowner wants to make millions. I have
been saving money for years to buy one of the first new lots in the front row when the campo gets bulldozed and paved over.
Have fun while you can. |
Doesn't read like your parents had title which means they didn't own the land. 99 year lease? Wasn't a lease. (Besides which this ''lease''
wouldn't hold up in Court if challenged.)
You lucked out. Make a fortune or lose you shirt in MX real estate.
So, legitimate landowners recognize appreciation down here and that makes them greedy? Myopic POV.
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Not greedy, smart. I don't really blame anyone with legitimate rights for doing whatever they damn well please with what they own. If I were in their
shoes I would likely do the same.
I doubt I have met anyone luckier then us, really. We have made a 'fortune' because have 50+ years of joy and memories.
In 1960 a 99 year lease was the norm. No one knew different and who was to argue. My parents recognized that it was a bargain at any price, embraced
the view of 'don't' spend more then you can afford to walk away from' and never thought the good times would last this long. My folks are gone now but
they have left a legacy of their own with four generations of family enjoying the place.
Technically no one has title to the land our casa is own. Its federal property and for the last 35 years we pay our 'lease' at the federal office.
Last year it was $282.00. My family would gladly pay 10-20-30 times that if we had too. Everybody's situation is different. We could drive up to the
gate tomorrow and they could be a sign saying no trespassing SOLD and there wont be a damn thing we can do so we don't really worry about it. Nothing
lasts forever so enjoy it while you can. |
Hell yeah brother! |
Not just Mexico, I have a USFS lease that went from $500 a year to almost $1800 about three years ago. No they are not 99 years leases like many
think, those were mostly for grazing land. Even $1800 is a good deal for a cabin in the heart of the sierras! The private cabin just below mine comes
in at near $1M and I have a better view... It is what it is, just enjoy it....
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