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Selling and renting land to others - English - SecondLife Community

There are many ways to collect rental fees from tenants; some landlords prefer informal direct payments and real paper record-keeping, while others use Resident-created, automated rental machines. Settle on the collection method with which you're most comfortable, and inform your tenants up front about your payment policy. You also need to determine what level of control you want your tenants to have over your rented land.

Buying a Mainland Property

One common approach involves the creation of a "rental group," which forms a common bond between your land and your tenants. As long as the parcel is set to the rental group and your tenants use their rental group tags, they can place objects on your parcel without fear of auto return. For more information on how group land and objects work, see Group-owned land.

To evict a deadbeat tenant from group-owned land, eject the Resident from the land rental group. Upon ejection, any objects on the parcel are returned to the Resident's inventory.

Buy Land: Frequently Asked Questions

Estate owners have a number of tools at their disposal to make land rental easier. In addition to exercising greater control over the general environment in their regions, estate owners may divide their Private Regions into parcels for sale.

How can there be land in Second Life?

Hello I recently been trying to find a easy way to make a few bucks then i thought why not start buying and selling land i hurd others have done. Go to the about land tab and set the land for sale at the price you wish. Be careful and do it . Look! A whole section for "Buy And Sell Land".

When a Resident buys a parcel in a Private Region, he gains control over that parcel as though he owns it. This added feature eliminates the need for rental groups or complicated rights-granting rituals sometimes associated with rental properties.

If you use certain words or phrases in your parcel's name or description, it appears as a land rental in search results. To set your parcel's name and description:.

Selling and renting land to others - English - SecondLife Community

If you are renting out parcels on your private estate, you must set the rental parcel for sale. To avoid misunderstandings, set the price as the weekly rental price and disclose any other setup fees or deposits in the parcel description. Edited July 20 by Jeremy Linden.

If you like the land, look for other land near you that is for sale and the price, CMA comparative market analysis. I've done that about 10 x's. It's a win win: There's no easy way to make money in SL. The few people who realy make mony devote a lot of time and perceveirance in what they do. Real estate in SL is slow if you see how much land is available for sale at the moment. So, how much profit did you really make? If a Resident could turn over 1 plot every 3 days for one year, a Resident could do this about x's a year. And if they spent the same amount of time and effort outside of SL, working a minimum wage job, or even collecting cans and bottles out of trash cans and selling the scrap aluminum and glass at a recycling center, they could earn far more in a week than that land plan would earn in a year.

The profit margin for land is pathetic now. I would enjoy sharing my insights and opinions about how and why SL is experiencing effects as you have mentioned. Subtracting the one USD paypal fee, leaves you with Everyone's brought up some very good points. The time investment vuersus profit margin is indeed quite low at the moment.

Well, I can think of two reasons. The first would be if you really love the game, enjoy slowly exploring to find new places as opposed to the focus on reducing the time spent searching with the suggestions of otheres, above , have a creative enough imagination that you can envision a given parcel with the improvements you're going to make, have the disposible income to blow on a hobby, and an understanding that you are doing this all for fun -- Any money that you do happen to make is just icing on the cake.

You would then want to follow the advice above, plus think about ways to improve the land if you're going to be doing rentals like buying the land around your rental area so that you control the view and can offer more prims. With land prices at a record low, this is the time to buy up everything you can get your hands on IF and that'sa mighty big "if" you think that at some point the prices will go back up. That's open to debate. But the other thing that's had an effect on what folks are willing to pay for the more juicy areas such as Bay City is the RL economy: If you feel that once the RL economy improves, people will again spend more money on buying land, the way they used to, then prices will rise, and you'd be in a nice spot financially if you are holding a ton of land.

Other things to consider are whether you feel folks will begin to spend again, or will they have a new habit of saving money and not spending it on, well, "PRETEND land?!?!

1 answer to this question.
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Or were land prices inflated to begin with, and despite the economy or the abandoned land thing, their would have been a market correction ANYHOW? There's no right answer to that. No one can predict the future. It's all just matters of opinion. The main problem is that, just like RL, if you invest in SL real estate and plan to hold on to stuff for a few years, you're going to be paying "property tax" tier through the nose.

Each person would need to decide on their own what they think the market will do, and act upon that feeling. IMHO I'd reccomend against bying up everything in sight, unless you can afford it and have a fantasy of owning lots and lots of land. Yes, some of us DO have a land fetish lol.

You can buy both parcels I currently have for sale.

Buy Land: FAQ | Second Life.
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Strophen und Stäbe (German Edition).

Currently, the grid reached a state of maturity. More then this, Gridsurvey shows that the overall number of private-owned sims is not changing as fast as it did in past. This means that currently private sims are more stable then in past. Like in real world, many people try to make money with land. It is true that land prices vary from time to time.

Linden Lab

In the first years of Second Life, land prices grew up to 30 times. Then, they came to a recession period. Currently January , prices are a higher then in summer It looks like prices are higher in winter then in summer each year.