buying a grow house

[guy incognito]

Hypothetical question for everyone. I don't think I want a huge grow operation in my house when I have kids for several reasons. I don't want to place them in harms way in case I get robbed or raided. I also don't want to spend 30 hours a week tending and trimming when I already work a full time job, I think I would rather spend time with my family. So...

What about purchasing a cheap house, for like $30-50k. Moving all my grow equipment and outfitting it to be a kick ass grow; dedicate the entire basement to the grow. Then hire a trusted in house gardener. Have this person live in the house and tend the plants every day so I don't have to. In exchange for tending plants daily, and trimming them up, this person would smoke for free and live in the house for free. I would pay mortgage and electric bill, the gardener would be responsible for other utilities.

I figure electricity will be $300/mo and a mortgage (including taxes and insurance) will be around $500. I would need to sell approximately 4 ounces a month at $200/oz in order to cover my operational costs. A little bit more once you factor in nutes and other supplies that will need to be purchased on an ongoing basis. Then I get 1-2 oz/mo to smoke, and the gardener smokes 1-2 oz/mo. With my current set up I think I can reliably plan on having approx 1 lb per month come down. With only 7 ounces accounted for (to cover bills and personal smoke) I would have approximately 9 ounces per month extra, which would presumably be sold, hopefully all in the same month and on an ongoing basis to provide an extra $1800/mo cash flow.

What does everyone think of this plan? I already have the gardener in mind. I don't think this person would fuck me over, especially since they would be getting benefits from the arrangement (smoke and shelter [and not a shitty apartment. They got run of their own house]). I am still leery about entrusting anyone to such a huge job. This person is already well aware of my grow as I am their caregiver (we are both MMJ patients in michigan - I am the caregiver and grow for me and 2 other people).

I think I will be banking way less money than I do now because I will have to be paying for another house and property, but I should be gaining equity pretty quickly, and I don't need the extra cash at this point in my life, so tying it up in house equity is not a problem. It would be so nice not to have the responsibility of a huge garden too. I feel like a slave that has to go check on plants every day, and if they are due for a watering or trimming then I have to do it no matter how tired I am, or how early I have to be to work the next day, or what I have going on in my personal life. The money is nice, and the supply of weed is nice, but it sucks spending so much time in there. I think I would rather give up a portion of the money in exchange for more free time.

 

[ASMALLVOICE]

Damn, I swear I have had dreams of doing the same damn thing. Too funny

I inherited a little lake house from my late father, and I have been contemplating doing something like that. It is in the sticks and damn near off the grid as well. Just finding someone trustworthy to be that gardner seems to be the most daunting task of all. Power corrupts, absolute power corrupts absolutely.

Great, now I see me dreaming all that over again....lol

Peace

Asmallvoice

 

[rainman36]

I have the same thing in plan now,but also you really have to ask yourself do you really trust this person with taking care of the grow? I trust you do.
Another thing is,if you are renting to own a spot,make sure that the landlord doesn't do too much popping up,and I figure the only time that they will be only whenever you call them over if it's a problem with the house.You say it's a basement grow,so you should be good and set.How many watts do you plan on using? and it's just gonna be a grow,you might as well go all the way in right you probably can do about 2k watts,and if it's a perpetual,you can pull about 2 pounds a month,each ounce going for 200$ right? so thats 6000$-6500$ a month,just pay that bill,and you straight.

 

[Kervork]

Well, if you can't pay the mortgage growing weed you paid too much for the house as the saying goes.

Personally I use homeless people. The house is pretty far away from civilization so they aren't incined to try and walk away. I wind up having to haul in a lot of beer to keep them happy. Tried hydro but the homeless aren't much into checking pH so I had to switch to soil. If find the homeless people in the city, by the time they get driven around on the back roads in the dark they don't much know where they're at and most really don't care if they get beer. Now some have a tendency to smoke the plants so you gotta figure on a little loss there. Worst part I guess is cleaning up after them. They tend to be pretty messy and not much into cleaning. In the wild they normally just move to a new spot when their current one gets dirty.

 

[ThE sAtIvA hIgH]

Well, if you can't pay the mortgage growing weed you paid too much for the house as the saying goes.

Personally I use homeless people. The house is pretty far away from civilization so they aren't incined to try and walk away. I wind up having to haul in a lot of beer to keep them happy. Tried hydro but the homeless aren't much into checking pH so I had to switch to soil. If find the homeless people in the city, by the time they get driven around on the back roads in the dark they don't much know where they're at and most really don't care if they get beer. Now some have a tendency to smoke the plants so you gotta figure on a little loss there. Worst part I guess is cleaning up after them. They tend to be pretty messy and not much into cleaning. In the wild they normally just move to a new spot when their current one gets dirty.

NICE STORY BRO ............now back to reality

 

[guy incognito]

I have the same thing in plan now,but also you really have to ask yourself do you really trust this person with taking care of the grow? I trust you do.
Another thing is,if you are renting to own a spot,make sure that the landlord doesn't do too much popping up,and I figure the only time that they will be only whenever you call them over if it's a problem with the house.You say it's a basement grow,so you should be good and set.How many watts do you plan on using? and it's just gonna be a grow,you might as well go all the way in right you probably can do about 2k watts,and if it's a perpetual,you can pull about 2 pounds a month,each ounce going for 200$ right? so thats 6000$-6500$ a month,just pay that bill,and you straight.

no renting. I would buy the house and be the owner, so I would be the landlord. I would probably go for around 3-4kw in lights, maybe less. Right now I can run around 2500w and pull 1 lb per month.

 

[robert 14617]

you want the renter to take all the risk and live in a shitty neighborhood , for the price of rent , never going to happen , once the plants are ready they will be gone just like your renter

 

[guy incognito]

They won't jack the plants. An entire pound will fetch what like $3,000? Renting their own house would be like $800-1000/mo. Plus they get all the free smoke they want. It doesn't take a genius to figure out they would be far better off in both the short term and long term by sticking with the arrangement.

 

[robert 14617]

you give stoners way too much credit

 

[Ringsixty]

you want the renter to take all the risk and live in a shitty neighborhood , for the price of rent , never going to happen , once the plants are ready they will be gone just like your renter

Agree...... gone

 

[guy incognito]

stoners, not crack heads.

 

[guy incognito]

Agree...... gone

No, as i've already stated that will almost certainly not happen. It doesn't even make sense that it would happen. The motive is only there if they plan to sever ties with me completely and quit smoking, which I don't see happening. You are talking about a potential 2 months worth of rent and smoke by ripping me off (and that assumes a full harvest, ripped all at once, and easily sold for full price). Or indefinite free rent and free smoke by not ripping me off. It's a no brainer if you consider the long term benefits. Even if you only consider the immediate benefits it still makes more sense to not rip me off.

 

[robert 14617]

oh my bad you got all figured out , a dirty out of work pot head is going to just sit by grow your weed and let you profit off all his hard work and be satisfied with a little smoke and rent , how could i question that logic ,you sir are on in the zone

 

[guy incognito]

Fuck you and quit being an asshole. I never said he was dirty or out of work, or that it was a shitty neighborhood. You are making all kinds of assumptions. I don't understand how you are questioning my logic because you haven't bring up any valid points for your argument. Do you have any valid points in support of your argument? I have laid out the price of rent and the price of bud and the expected yields, and no matter how I crunch it it doesn't make financial sense to steal the plants. It's not "a little" smoke and rent. The rental price would be more than my mortgage price; rent would be between $800 and $1000/mo. Smoke would be between $200 and $500 a month. The incentive to continue growing is larger than the possible gain from theft. This person could not afford to rent their own house by themselves. Even if they ripped me off and managed to transport all the plants, and dry and cure them and sell them for market price, they would have enough cash to pay for a security deposit and maybe 2 months rent. I just don't see cutting and running as a viable option for this person. What is wrong with my logic?

 

[robert 14617]

so your going to pay 30k for the house next door how did you get so lucky , the only person you will get to live in a ghetto is a crack whore , ghetto's are the only places you can find real estate that cheap

 

[guy incognito]

Fuck you and get out of my thread. You don't know shit and you don't know shit about the local real estate market. I'm done with your ignorant ass.

 

[robert 14617]

no i like it here i will be hanging around a wile , so get the rainbows and unicorns out of your day dreams and start thinking like an adult if you want to hang with grownups in this forum, i have no idea where cognito is but i guarantee you one thing your price a sq foot aint that low my young friend

 

[guy incognito]

Yea you are right. You probably know the local real estate market better than me. Even though i'm sitting inside a house I purchased, and have lived in this area my entire life. If only every seller in this area knew what you knew.

 

[robert 14617]

and again you purchased this house for 30- 50k ? and you would call this and upper middle or low income neighborhood

 

[blackaricanboy]

Incog, I think its a great idea. As long as the person you are going to 'employ' is trust worthy, and intelligent enough to draw the same conclusions that you have. You are right, it doesn't make sense for him/her to rob you, unfortunately I think what the others are trying to say is that you can't count on people being that bright. You know who you are intending to put in that house better than anyone else, if you think its going to work and they have the mental capacity to rock with you on this idea, then I say go for it. Although I would much rather have a cut of the profit then straight bud to smoke.. If i'm growing it then the fact that I should get to smoke some seems like a no brainer. I also feel that you are on target with your real estate numbers.. Where I live the cost of real estate is rediculous.. You won't really find anything worth living in under 150k and my mortgage is around 2100 ><

anyways, good luck and keep us posted