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  1. #1

    Lightbulb Might throw in the towel... for now

    I thought that moving to Texas would afford me more riding time. I thought the weather change from NH would entice me to be out on the bike more. I thought, since I'd bought a brand-new home, I'd have nothing but time on my hands with no projects to do. I was wrong in so many ways... on too many counts. Don't get me wrong... I'm not regretting the move at all, in fact, I believe it was still the best move we've ever made but after getting here, our lives changed in ways we hadn't imagined. Sure, the house is huge, beautiful, the neighborhood is awesome, the people are friendly and life here is much more relaxing and a LOT less stressful not having to worry about snow and all the labor that goes with it. The problem is mostly me. The problem IS the new house and its location, not because of the neighbors (I said they are great!) but because it has no space, because there are no projects... I found myself utterly bored and lost without having a space to create and build like I had in NH. So, we set out to fix that.... in a big way.

    We decided to look for a space we could spread out and build that retirement home, you know, a place where you always felt like you were on vacation, a space where you can do what you want, when you want. We looked over several parcels in rural areas. We found the one we were looking for but after getting there and walking all 18 acres, Michele looked at the plots and wanted to view the 27 acres next to it. So, we drove and walked that property and put an offer in on the spot... and the owner (we went to the source!) took the offer, on the spot. a couple months later, we are land owners. The plan is to pay it off in 10 years and over the next 5 - 8 years, pay out of pocket to put in the driveway, huge garage and a finished shell of a big ranch house. Once that is ready, we will sell this house and use the proceeds to expedite finishing the whole interior of the new house. Because it is over 5 acres, the property is AG exempt. That means we only pay 10% of the tax value regardless of what that value is so long as we remain AG exempt which will be easy enough. Currently, just the 27 acres is $52.00 a year, or 10% of $520 per year. Liking this! Building here is a ton cheaper. A lot of barns and garages are metal buildings. I can put up a 36'x48' garage with a slab for under $24k if I did nothing, less if I do the site-work myself.

    Thus, the reason we have no riding time.... I ended up trading in the 4Runner for a Tundra for towing capacity and the truck bed which a rancher must have. Apparently, the Trail Edition 4Runner isn't common here in Texas so the dealer was drooling over it. I only paid $34k for it two years ago... they gave me $32k trade. Two years use for $2k? Nice.... I owed $24k so that gave me $8k to put down on the Tundra. That 5.7 liter is a beast of an engine! But it does have a drinking problem and I'm ok with that... I did not buy it for economical use (Same as any FZ1).

    Now, Rancher Randall needs a farm tractor... and he is a bit giddy over it. Who doesn't want to own property with an open license to do what you want while owning a tractor with a loader and a backhoe (TLB)? So, I've been comparing, reading reviews, looking at warranties, watching tons of Youtube from both owners and dealers on models so I'm well informed about use, load capacity, attachment options, maintenance intervals and what dealer will be treating us right not only on the deal but service should it become a 5,000 lb immobile object in the middle of 27 acres in the countryside of Texas. We're close to making a decision and John Deere is already ruled out. JD isn't tough enough in the class tractor I'm looking at and certainly not capable in load capacity. I'm tossing them over the Kubota, Kioti and Mahindra but Branson and Massey Ferguson could still be in the mix. They are all quite pricey for a TLB but I'll admit, I'm anxious to go move earth and dig holes.

    For 27 acres, there's not a lot of trees. We have three large ones we intend to keep. EVERYTHING else is what we in New England would call a bush. There's a lot of Honey Mesquite, I mean, I will NEVER have to buy Mesquite to smoke meats with.... ever! We've been clearing the property lines to prepare for fences (In Texas, EVERY property is surrounded with fence by choice). and clearing the area where the driveway will cut through to where we will put up the new home. It was just this past weekend when I had a face-to-face meeting with my first rattlesnake. I'm happy to say that he did not like the chainsaw and left rather than try and fight me. When he turned to leave, I went the other direction.

    We've also decided to let the kids each lease 2 acres each from us for $1 annual rent. So far, two of the three intend to build a home out there. The third one would love to but his S.O. doesn't want to be so far from her family so my Son is unable to come for now... maybe later... I understand.

    So now you can see why I might throw in the towel, just let the bike become owned by someone who can put the miles on it. On the other hand, I own them all outright and it's only space they occupy, not a financial burden, so it also makes sense to keep them and get that occasional itch scratched and go ride. I will still have a small dirt bike, the grandkids will have a 50cc dirtbike, and we will be getting an ATV with the money from selling the 2007 FZ1. I'll have a lot of options to scratch with. Also, I work almost exclusively from home so I'm no longer using the bike to commute with.

    What would ya'll do? Keep? Sell and buy something later? Sell and build a monster track around the property for a 450cc dirtbike?
    Last edited by FZ1inTX; 06-08-2017 at 05:37 AM.

  2. #2

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    Naah. A true rider will always ride regardless. Good to know things are going awesome in Texas. Knock on wood!


    Sent from my iPhone using Tapatalk
    2007 Raven FZ1-R
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    2006 Daytona 675-R
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  3. #3

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    Sounds like you're got a lot going on over there.
    Good luck with all your plans Eric.
    I'd definitely keep the bike, it's not like it's worth a lot of money and can be great for getting away for a few hours to clear your head if you feel the need.


    Sent from my SM-G900I using Tapatalk
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  4. #4

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    I'd build a track on that property and race the FZ around it. Put a dirt track on the inside of it and have some fun!

    But in all seriousness Good luck and enjoy that block of land. I know I would never sell my bike, I do have weeks at a time now where I don't get the chance to get out, and then I just ride it to work to scratch that itch and I love it. Getting a morning run into the hills is awesome. I can see both sides, but I personally would find it very difficult to sell my bike.
    Mods:
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  5. #5

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    Man I wish I could give you an answer but only you and your mind/heart know what the best answer is for you.
    "When life throws you a curve...............................Slide forward, shift your weight to the inside peg, press the inside grip, set your apex and just roll on that throttle!"


  6. #6

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    John is right... the bikes aren't worth a ton of money and I'd have to pay more to replace one unless I buy used later. I think I'm going to get the driveway in, get the big new Busted Knuckle Garage erected and move all my workshop and the bikes up there. So, the garage will be the priority. One of the covenants is we cannot put up a garage/barn with a living space in it and we can only RV/Camper on it for 9 months while building a home. Otherwise, I'd build the garage with a basic apartment in it and stay there on weekends to work on the property. When I build, it has to be a minimum 1000 sq ft living space... no problem there as I'm shooting for almost 3 times that. The best thing is being out in the county, once inside my fence, there are no permit requirements, just build whatever I want. While I'd love to put in a race track for the FZ1, I can't imagine what the cost would be to pave it.... good thought though!

    This is the property and the three darker spots are my only "trees". To the left of center, you can see a drainage ditch that runs through the property with a depression in the middle. We intend to dig out that depression to about 15' deep and let it naturally fill with water to make a large pond. I'm going to put a cement column in the center with a PVC pipe to create a fountain to keep the water agitated. A few fish to control the bugs... All of this easy to do when you own the right equipment.

    The other pic is the gates we had put in and you can see all the small honey mesquite we have back there.
    Attached Thumbnails Attached Thumbnails Might throw in the towel... for now-27acres.jpg   Might throw in the towel... for now-randall-gate.jpg  

  7. #7

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    I'd vote for keep! They're already paid for and the FZ has been customized just how you like it. You just never know when the urge to ride will come your way.

    Good luck

  8. #8

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    Ditto! I'm with Dustin. Keep the beast around you handy for when the need arises. Happy to hear about all your plans. I wish you, Michelle, and the kids all the very best!
    Billy
    2009 FZ1 Cobalt Blue, Dynojet PCV, Ivan's ECU Flash, Two Brother's V.A.L.E. Carbon Fiber Slip-on, Dirt Road Custom Seat, M-Factory Shorty Levers, Frame Sliders, Swingarm Spools, BBS Gold Colored Wheels, GYTR Braided Lines, Philips Extreme Vision H4 Bulbs



  9. #9

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    Can you tent camp on the property after the Garage is built?
    "There are two sides to every issue: one side is right and the other is wrong, but the middle is always evil."
    - John Galt

  10. #10

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    Quote Originally Posted by Klurejr View Post
    Can you tent camp on the property after the Garage is built?
    Nope. But, the covenants don't have any governing body to enforce them. These are honor-based. No HOA at all. So, who's to know if we put a tent inside the garage and "accidentally" fell asleep on any given weekend? Honestly, I doubt anyone would say anything about an occasional stay so long as we didn't keep anything set up there. Once the house shell is up, then there's no issue regardless of the interior finish. If I can cook, use a toilet, shower and sleep, I can finish the interior as fast or slow as I want. We're going with a steel frame for the house so there will be no structural walls inside. That means we can tear them down and change the layout should we ever decide to so long as the room doesn't require plumbing. Ultimate goal is retirement with nothing left for loans. Right now, 100% achievable!

 

 

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