Land Rental

What do you think is a faire rental fee for:
65,536 sqm
32,768 sqm
16,384 sqm
8,192 sqm
4,096 sqm

depends on the week or month really, less per week obviously

Best advice is to find your competition (ravenglass gentals is a good one aimed at new people) and look to their proices. Might be best taking the large chunks of land and breaking them into packets or 1024 or 512 plots..and rent those individually.

I personally feel, in the case of someone buying a private island sim and then turning around and renting it, it would be fair if the rental / buy-in costs paid off the sim in six months or so.

Maybe a year, tops.

The risk of the renter pulling out is also a factor. On the other hand if the sim pays for itself in just 30 days, the renter should have just bought his own sim. At really fast, high return, perhaps there is a moral question.




Say 65536m cost 1000 USD to buy, and the monthly to the owner is 195 USD.


1. Paying off the 65536m in 6 months: 195 + 1000 / 6 = 361 USD/mo.

2. Paying off the 65536m in 1 year: 195 + 1000 / 12 = 278 USD/mo.

3. Buy-in of 500 USD, pay off in 6 months: 195 + 500 USD / 6 = 278 USD/mo.

4. Buy-in of 500 USD, pay off in 12 months: 195 + 500 / 12 = 236 USD/mo.


So you can adjust the sim purchase price, and sim cost recovery rate thinking about it this way. If you don't have very compelling land to offer, you may have to go 'cheap' and risk vacancies. Might not even be worth it.

And if you don't truly love dealing with your fellow man, I'd recommend charging 10,000 USD/mo per 1m.

Given that there's people who will rent small parcels for less than tier, that seems like the starting point. If you think you can convince people you're providing added value, you can go up from that... but that's what you're competition is doing, so trying to pay off the whole thing shorter term than (say) a year is probably unrealistic.

In any case I have to go below Anshe's Price. This means around 269-279 USD/month for a full sim.

Would you rent small parcels at fees lower than the LL tier fee?
For example 20 USD / month for 4096sqm - no purchase price.
35 USD / month for 8192 sqm - no purchase price.

I'm paying US$33 for 6144, which is pretty much on the nose same-as-tier. I have seen better prices than that, but not in a sim I liked.

I might look around in that huge new section with the Korean names down to the south. When the heck did that show up?

I do.

The Company's tier fees are very aggressive for small pieces of land.

4096m is kind of a 'breakeven' point in my view of things; I offer same as tier.

Then as the size goes up the tier discount advantage goes away.




I disagree that you need to go below Anshe's price, or anyone's. While I'm a pretty 'good deal' in terms of absolute dollars I'm not the cheapest. Nor do I ever intend to be. If anything, further sims will be more upscale and premium.

I would give it a shot. My sim is full; after a frantic few days everyone is settling in. I'm hearing good things from the land holders, and I was surprised to find a quiet, peaceful 'normalcy' again.

They started building a community together, which astounded me - how could so many people get along so well, so fast? It was a really rewarding part of it I'd never anticipated.

Sieze the day, you won't be disappointed.

i have 2 islands i rent out parcels on and have based my tier on the same exact prices linden labs charges on main land
25 US$- 4096
40 US$- 8192
58 US$- 12k
75 US$- 16 k
i have found this to work out very well and my residents some of witch have been with me for a long time seem to like it also.

What do you provide? Just the land? Or have you stocked your parcels with houses, pose balls, furniture etc..? I have purchased one sim and will possibly buy more, and would like advice on how to present my land for rent. Thank you.

Also, your quote for a 4096 works out to be 2800L per week, if 25 US$ is your monthly charge. I base the 2800L on a conversion of 280L to 1US$. I see alot of parcels renting for $300L or $400L per week. This would not cover the land tier.

Say $400L x 16 parcels of 4096, fully rented. This works out to around $90US a month. What is wrong with this picture?

Fairland prices:

 512 sqm (117 prims)    ->    $2.5/month    or    L$200/week
1024 sqm (234 prims)    ->    $5/month    or    L$400/week
1536 sqm (351 prims)    ->    $7.5/month    or    L$600/week
2048 sqm (468 prims)    ->    $10/month    or    L$800/week
2560 sqm (585 prims)    ->    $12.5/month    or    L$1000/week
3072 sqm (703 prims)    ->    $15/month    or    L$1200/week
3584 sqm (820 prims)    ->    $17.5/month    or    L$1400/week
4096 sqm (937 prims)    ->    $20/month    or    L$1600/week
5120 sqm (1171 prims)        ->    $24/month    or    L$1970/week
6144 sqm (1406 prims)       ->    $27.5/month    or    L$2320/week
7168 sqm (1640 prims)       ->    $31/month    or    L$2665/week
8192 sqm (1875 prims)       ->    $34.0/month    or    L$3000/week
9216 sqm (2109 prims)       ->    $38/month    or    L$3290/week
10240 sqm (2343 prims)    ->    $42/month    or    L$3570/week
11264 sqm (2578 prims)    ->    $46/month    or    L$3835/week
12288 sqm (2812 prims)    ->    $49.8/month    or    L$4090/week
13312 sqm (3046 prims)    ->    $53.7/month    or    L$4330/week
14336 sqm (3281 prims)    ->    $57.5/month    or    L$4565/week
15360 sqm (3515 prims)    ->    $61.3/month    or    L$4780/week
16384 sqm (3750 prims)    ->    $65,0/month    or    L$5000/week

Whole sim is leased on a Rent2Own plan starting at 203$ + repayment of sim each month.

Jesrad, could you explain this just a little? Even if not here maybe in world? This would seem like a good option if it were actually talking about a full sim? That could do very well. Unless I'm missing something?

To clear up confusion (Imed by Prok inworld) His rentals ar enot all newbies, I got that from a notecard giver at one of his lcoations. The intention is that a newbie could afford them though, at 100 L a week for a full 1024 with the full 234 prims allotment.

Speaking as a renter...

I've rented from a 100m2 with 50 prims for L$75 a week up to my current 6144m2. If I found a place renting 4096m2 for L$400 a week I'd be all over it, but I can't imagine that happening. I'll bet the L$400 are for MUCH smaller parcels.

I've found that the smaller the rental, the more that's included with it and the less you're allowed to do. The biggest I've seen houses on is a sim with 12 houses, laid out like a luxury resort with a big beach area. I wouldn't buy into that, but the people renting there seemed pretty happy about it.

For anything more than land, you really need to come up with a theme, and stick to it. And rules are actually worth more rent...

What I'd *like* to rent in? A place with varied topography, loose terraforming limits but a ban on "earth wall building", and a strict limit on how much of the ground-level land could be blocked off or covered in non-landscaping prims... that stuff should be limited to skyboxes over the 400m World Map visibility limit*. Anshe's rules were pretty good, but when I looked last she had too many limits on skyboxes.

* Though the full-sim picture of Marilyn Monroe using 4m squares that Eris was displaying was pretty cool...

Jesrad: what are your rules?

Rules are simply: no obnoxious builds / scripts, respect zoning.

Whole sim Rent2Own is a full sim, yes. Amount to repay to own the sim is 1500$, with monthly fee of 203$.

What is the maximum rent2own term? 1y,2y,3y?

Technically, there's no limit, but if you don't have a solid plan I don't think I'll invest the money for you.

[Edit]
I'm replying here to avoid turning this thread into a Fairland advertisement. You can get the exact terms and conditions of renting in EverLite or by asking me inworld.

What kind of zoning? What's an "obnoxious" build? I can think of some obvious examples, but what's an unobvious one. What kind of terraforming can you do on your sims as a renter?

Actually a skybox on Dreamland has but one limit .. that it be at least 250m high. Unlike other theme and zone restrictions .. a skybox can be anything you want.

Q

Lifers got 4096 free for life. Lifers were permitted to purchase multiple lifer accounts as alts. I recall people purchasing enough accounts to get a full sim for free. Of course, they did have the cost of the accounts, which were $160 or $225, depending on when you purchased them.

Also, I believe this land can't be applied toward tier on private sims. So lifers who purchased private island sims together, may also have gone together on mainland sims, where they could apply their 'extra' 4096 lots, and are renting those out to defer the costs of their private sims.

Zee

I think most landlords allow exactly the same, just different heights.

Yes, I do the same.



By keeping sky items above a fairly high height, you can really cut down on lag.

The idea being that sky items are all out of draw distance for people on the ground. That helps the people in the sky too.

It's an incredibly simple, easy way to create a solid boost in performance, provided the objects are high and distant enough.

In Caledon, the sky builds and theme easements begin at 512m for that very reason. I have to provide things like elevators of course, for those that want them due to the high altitude.

...

Interesting.

I just finished a reasonably safe (as in, it won't let you try jumping to stupid distances and will warn you about cross-sim teleports) notecard-driven 512-meter-limit sit teleporter, I'm polishing the error messages and notecard parsing now.

You can try the development version on my land. Red ball next to the conventional teleporter. Right-click, sit, and you're 500m up in a fraction of a second.

Much more convenient than elevators.

Wonderful!

I've heard of such things; never really chased it down. But I would love to see this.

Thank you!

I think I know how it works:

llSitTarget(<256, 256, 256>, llEuler2Rot(DEG_TO_RAD * <45, 45, 45>);

then you point the object at the destination:

llSetRot(llRotBetween(<1,1,1>, destination - llGetPos()));

Right ?