The Rum-Line Dispatch
Rum-Line’s official newsletter
2nd edition
In this issue
- It’s Hard. An article about finding like-minded people who share your dream.
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Deal of the Century #2. Remember, I’m not making money from these listings; I’m merely pointing out the real estate that would work if you apply my method for building on a blue-collar income. Note, in order to comply with Bahamian law, I must issue the following disclaimer:
Rum Line does not receive commissions, referral fees, or other compensation contingent upon the purchase, sale, lease, or closing of a property featured on this website. I cannot guarantee the details, only that this listing was intriguing. You must do due diligence. - Mandatory Reading Bookstore recommendation.
Featured Article
It’s Hard
It’s hard to find your tribe, your kindred spirits, your crew. You might ask yourself, “Why would I need anyone to share this dream with?”
Simple, this journey is not easy. Rich people get to throw money at a problem until that problem goes away. Me, possibly you, can’t do that. We don’t have F-you money. So when you run into an obstacle, we must grind our teeth and find a way over or around it. There are a thousand different challenges to achieving your dream, and plenty of people who will tell you it is impossible. It’s easier to overcome those problems when you can commiserate with like-minded people who might have faced similar challenges, or at the very least, listen when you stumble.
Maybe your spouse calls you some kind of Jimmy Buffett wannabe, and that it’s impossible. Or, maybe you don’t have the money to hire a backhoe operator, and you have to dig your septic tank with a jackhammer and a shovel. These thousands of things will make you want to throw your hands in the air unless you can find the right people.
I started Rum-Line to find my tribe and help. It’s hard, too. I don’t want to bother those who don’t understand or don’t think it’s possible. I’m just hoping that if you’re reading this, it’s because you feel it too.
Deal of the Century
(Which I will diligently hunt for every week)
Deal of the Century #2
PARCEL A, Doctors Creek, Long Island, Bahamas.
See link below photos for more details and listing agent.
NOTE: While the link above goes directly to the listing on HGChristie.com they are not the listing agent. The listing agent (in case you want to deal with him directly) is Dave McCorquodale, with ERA Dupuch. (242) 427-4509. I did not use his web link because their site won’t let you view details without giving your email address. I am not a fan of this email-harvesting tactic.
Pros:
- WATERFRONT for $68K, almost unheard of. Most waterfront lots are going for an average of $120K.
- Very large lot, 31,892 sq ft, almost 3/4 of an acre.
- Long Island is home to the highest hill in the Bahamas.
- Home of the famous Blue Hole.
- An annual sailing regatta is held 30 miles south of this lot in Salt Pond, Long Island.
- A second lot of equal size is available next to it.
- Utilities available at the road.
- Ideal lobster habitat just offshore.
- l Ideal for building a Shack on a Beach Somewhere.
Cons:
- This is waterfront, but not beachfront. I don’t know how rough the rocks on the water side of the lot are. But likely water shoes with good soles will be required.
- Since this is rock bedrock versus sand, there is no way to dig the foundation other than the hard way: jackhammer, backhoe with a jackhammer attachment, etc… At least, if you build the foundation correctly, it will be hurricane resistant.
Other Considerations:
- Buying and selling real estate in the Bahamas is not like doing so in the States. It’s got a Wild West feel to it. It’s not organized or uniform. Untrue claims abound. For example, there is no rule that says a seller cannot claim a lot to be beachfront, even though it is not. Future articles will address how to identify a great deal that will work for accomplishing the dream.
- Real estate agents will not jet from island to island to show you lots. I don’t blame them. They might do so to show a multimillion-dollar home, but we’re trying to live the island life on a blue-collar income. That means we have to find a lot on our own.
- You must always be aware of Mother Nature’s wrath. I will address this in future newsletters. But don’t worry, you can build a hurricane-resistant home. I’ll show you how. (There’s no such thing as hurricane proof.) Both homes I’ve built have weathered numerous hurricanes and, as yet, sustained no damage.
Rum-Line Rating for Dream Achievement: 8/10 Stars
Mandatory Reading Bookstore
You might be thinking, “he’s just going to tell me to read one of his books.” Yes, I won’t mind one bit if you do. BUT, today’s selection is meant for lounging on the beach, cocktail in hand. It’s titled: Drunk on a Plane: The Misadventures of a Drunk in Paradise: Book 1, by by Zane Mitchell. This writer is hilarious! He has an entire series worthy of dog-eared pages. Here’s the Amazon link: https://www.amazon.com/Drunk-Plane-Misadventures-Paradise-Book. If you’re going to endure long flights to get to paradise, this book makes it easier.