Sorry I know this isn't quite the right section, but I can't see anywhere to hold this discussion. I'd really appreciate any help anyone could give in answer to these questions.
I am seriously considering buying an island but would like the advice of people who have actually done this.
So as far as I understand, please correct me if wrong, thats what this thread is all about, its about 1600 USD to buy a private island. 295 USD a month fees to linden lab. I hear I can raise 500 USD a month in fees and make 200 USD clear profit. Island owners - has this been your experience?
I was thinking of deeding the island to my group (I already have a mall deeded to my group on the mainland, but its just a group for admin purposes and to get that 10 per cent extra land).
After I have parcelled off the SIM (with roads still owned by my group, the prims from that land going as extra prims to the parcels on sale) how much does this land sell for? I have seen land on islands going for 1 linden, so obviously getting the fees in more important to some, I would like to think I could initially sell the land for something more than that though.
Even if I allow buyers to resell land - can I reclaim at any time?
Is there a automatic land tab way of collecting monthly fees without having to resort to using a rental box on each parcel (and keeping a database of who has paid etc)?
Also, if I start off with one private SIM (island), and decide later to buy another, can I just get linden to add it next to the one I already have? If that is not possible for whatever reason can Linden move my first island on the grid to be somewhere with my second island so they are together? I'd like to think I could scale up in number of islands over time and keep them all together if I so wish.
Thanx for your time!
R
