Is Buster Peel a smarter SL business person than you?

Buster Peel is a really smart guy who buys a lot of SL land then resells it for more money

I am very very interested in your responses!

Uh... who the heck is Buster Peel, what does he do, and why should I care?

Buster Peel is a really smart guy who buys a lot of SL land then resells it for more money!

Hey blaze, thanks for all the attention. It was really starting to get to me that my name has never appeared in a thread title before. I was planning on setting up an alt to start pro-Buster threads, but now I don't have to!

I don't buy and sell land. I did that at first, becuase it's the easiest way for a newbie to earn L$. Its quite boring though, and a lot of work.

Buster

Maybe he does know more than I do, but I have a masters degree in

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Science!

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You deserve it all!

Shack is actually quite smart too, in RL *and* in SL and that's hard to do LOL.

Hmm....is Shack better than Buster?

Hmmm....why make me make choices like that???

What I'm going to say about Buster, is that he understood the intense value of buying in Ironjaw.

LOL IronJaw ate a month's work and taught me the folly of buying 1/3 of a sim and toying with fun things for people to do. I chopped it up and sold it to Anshe for less than I paid for it.

Buster Peel:



Two thumbs up for objectively reporting the results of your experiment. It benefits SL when we encourage a culture of open collegial discourse. More people might succeed at a variety of experiments if we had more unbiased background information on what works and what does not.

We look forward to getting YOUR report now Traxx on YOUR experiments.

I'm all for a culture of open collegial discourse? Who isn't???

How much did you get for your first land sale? How much has your income been since you began doing architectural commissions? Has this been enough to cover your tier? How much land do you own? How much tier do you pay?

Oh, did you find those questions too probing for various reasons? Could you comment, then, on your overall picture as to gains and losses on your own projects? Just in a general, open, collegial sort of way, of course.

Not sure what the dig is about "biased background information" but anyone who wants, for example, to find out what I do just joins my group, looks at my list, and does the math. It's just that simple It won't be the entire picture but it will be enough of one to dispel forever most of the misplaced charges of "bias" that some might like to promote.

When I say "intense value" I mean as a learning lesson for new land traders, and just an SL lesson all around on beauty/names/what really sells LOL.

I only gained a tiny bit on Ironjaw myself, and after my initial romanticism I figured to get out of there quick within the week after I saw how that next sim over shaped up. I had like 2-3 areas on it. Some I sold for a pretty good price given the auction and its costs because they had the waterfront or the cascading view down to the water. Some I sold for less than I wanted my margin to be on the roadside, because I wanted to get out quick way before tier day (I sold to a land baron to liquidate some of it too, and his pieces are still sitting there I think). And some I sold for just a normal price that made up for it a bit --but it was all a pretty rocky and steep adventure. I thought it was gorgeous land but it was just too steep for most people to find it easy to build on. I thought the name would carry it, because it was such a cool name, but I've learned that you can overestimate the romanticism or adventure sound of a name to people, they just want land that has a good view and they can build on lol.

I often wish I still had a piece in Ironjaw because I love that area. You actually had a piece I had originally wanted up on the mountain but before I could get it from you it sold to Anshe and now I think an end-user has it. Ah, well.

An "end-user" has it? What exactly is an "end-user"?

ok ok this post was ill advised.

I think I should take a forum break

I saw an opportunity to play sort of rollercoaster tycoon in SL. If you've never played that game, give it a try! Its fun, if only for a little while.

If you aren't familiar with that game, you build amusement park attractions which then attract simulated people. The better your amusement park, the more "people" that show up. I thought it might be fun to try that with real people instead of mindless simulated people.

I don't mean I wanted to build amusement park type rides like spittoonie island -- I wanted to build fun things to do and tweak them over time, watching the effects on traffic and seeing what people thought of them. I'd still like to do that, but its too frustrating with such buggy software.

I'm not playing SL to make money. I make money in RL so I can do things like play SL in my spare time.

Buster

I didn't buy Ironjaw to trade -- I meant to keep that. I also meant to keep the snow in Gourdneck and Clear, which are both for sale cheap right now.

The stuff I bought at auction in the new continent was all meant to resell, which turned out not to be very profitable. At first a bunch sold for almost double what I paid for it, but then it pretty much stopped moving, I think because of a combination of lack of telehub so you couldn't get to the land, uncertainty about where the telehub would be, and the clutter of ugly builds and stores at the southern end where my land is.

Buster

I'm glad you wanted to keep Ironjaw. It's tough land though.

"End-user" means someone buying the land to keep it and live in it or put a business on it, somebody not trading it or flipping it.

I wanted to keep some of Ironjaw to rent out and some to trade thinking because it was new and mature and cool it might work out. It did up to a point for some finer parcels but over all it was hard to move as rentals or trades so I just sold it all.

You would think amusement parks would work better than they do. I've seen some tenants do one that brings them only like 1000 in traffic. Hard to keep it going. But someone should try.

Well if Gourdneck and Clear are snow, and aren't they? or one is. That's on the no-buy list, everyone thinks snow is worthless. Well I've had the opposite experience but generally it is lower value.

You know, Buster, re: New Continent, if you don't like the weather in SL, just wait five minutes, it will change.

You wouldn't recognize the south end now. It is utterly clean and serene, the racetrack is gone, Plastic Duck is even gone. Imagine. Though he said he'd stay there as long as he played the game. But he's gone, or at least his builds are put away and that land was for sale, maybe even sold now.

I sold some of what I bought from you for the same price to Land Co I think it was. It sits there. The rest I may keep because it's nice again, might rent, it is an interesting coastline, somebody went to a lot of trouble to make it cool.

As for "the clutter of ugly builds and stores" in Cecropia (BTW I also bought an overpriced land from you in Cecropia, then Anshe took pity on me later and got it for like $4000 for the 1024 LOL)...well, I add to that It's an experiment in um...local governance.Most of the activity you see in New Continent anecodotally appears to me to be about land traders just talking to each other and trading to each other. Or is all of SL like that? I've rented out some to tenants and businesses. The lack of a telehub harms the business. There is a player-based RR but every time I go there I find a knot of people puzzled as to how to use the thing and some giving up.

Oh, and elsewhere in Calletta, where all that first land was, and those delicate newbs who were said to be pressured by me into selling? Which was a load of crap. I guess they've consolidated all their fake newbie new accounts now, and their 5000 m2 is set to sale for an exhorbitant price. Yeah, I worry about newbs who are so pressured that they buy up all that New Continent land they think they are going to be flipping for a fortune...and then it sits!

In general, a lot of stuff is just sitting in the New Continent. So probably your land dump was the right thing to do, at least you don't have to pay tier on it.