How does one go about buying real estate on Mars?

How does one go about buying real estate on Mars?

Rental Property Investor Ā· Ithaca, NY Ā· Member since 2015 Ā· 1k+ posts Ā· 1k+ votes

It's going to happen. One day, maybe in our life time maybe in our kid's life time. Elon Musk wants to terraform the red planet back to green and blue. Let's say it works and we can now travel to our neighboring planet. You're the first investor to be blasted off to Mars. How would you go about purchasing land? What kind of land would you purchase? (natural resources, flat land, waterfront, etc.) How would you protect your land? This is the wild, wild, west...I mean Mars. 

Now this is for fun, so please don't take it seriously. You can be as creative as you want.

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Rental Property Investor Ā· Batavia, IL Ā· Member since 2018 Ā· 452 posts Ā· 672 votes
6y

All I can say is the due diligence process would be out of this world...

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  • Member since 2018 Ā· 3 posts Ā· 0 votes
    6y

    @Mike Cumbie I love you think man . Your giving me a great laugh. Thanks.

  • Ian WalshBusiness Member
    Lender Ā· Philadelphia, PA Ā· Member since 2016 Ā· 2k+ posts Ā· 1k+ votes
    6y

    Talk to Elon

  • Realtor Ā· Atlanta, GA Ā· Member since 2016 Ā· 40 posts Ā· 15 votes
    6y

    @Scott Passman 🤣🤣🤣

  • San Antonio, TX Ā· Member since 2019 Ā· 930 posts Ā· 836 votes
    6y

    @Nick Rutkowski

    I just claimed the sun, and will be sending the people of earth an energy bill. I am a deal maker, so I’ll only charge $.01 per megawatt hour of insolation.

  • Layton, UT Ā· Member since 2019 Ā· 85 posts Ā· 49 votes
    6y

    For this to work, we would need a few different things:

    1. A practical use and need for the land.

    2. A way to protect the land.

    3. A way to protect ourselves.

    The first thought for using the land is residential. But I don't think that's practical in our lifetime. There's still plenty of undeveloped land on Earth, so we aren't running out anytime soon, and to support a large population on Mars I think you'd have to terraform it to some extent, and that technology won't exist in our lifetime. Another use of real estate is harvesting natural resources, but I don't think there's any valuable natural resources on Mars. Manufacturing sites would be impractical because you'd have to sustain a shipping line. There's no way for that shipping line to operate in stealth, and it would be too hard to defend against jealous governments on Earth at our points of ingress and egress. I think our best option for making the land useful is to build data centers. Since they'd be off-world, they could operate free of government oversight. We'd have to build a mostly self sustaining infrastructure of robots that can manage the data centers.

    To protect our real estate on Mars against jealous governments and corporations that will eventually realize what we're doing, we'll need an army of drones that have plenty of ammo and good deep learning AI algorithms to respond to threats. We'll want very maneuverable ones, like the quad copter drones. It would be hard to protect against a nuclear strike, so we'd need to operate at just the right amount of profitability and damage that it won't be worth the expense to jealous governments to send large nuclear payloads to Mars. Maybe we can also protect the facilities better by building many of them underground.

    To protect ourselves, we'll need to remain anonymous and rent out the real estate on the black market. Then we'll need some kind of business front for money laundering. I hear car washes are quite effective.

  • Joe SplitrockPro Member
    Moderator
    Rental Property Investor Ā· Sioux Falls, SD Ā· Member since 2015 Ā· 9k+ posts Ā· 18k+ votes
    6y
    Originally posted by @David Ripplinger:

    For this to work, we would need a few different things:

    1. A practical use and need for the land.

    2. A way to protect the land.

    3. A way to protect ourselves.

    The first thought for using the land is residential. But I don't think that's practical in our lifetime. There's still plenty of undeveloped land on Earth, so we aren't running out anytime soon, and to support a large population on Mars I think you'd have to terraform it to some extent, and that technology won't exist in our lifetime. Another use of real estate is harvesting natural resources, but I don't think there's any valuable natural resources on Mars. Manufacturing sites would be impractical because you'd have to sustain a shipping line. There's no way for that shipping line to operate in stealth, and it would be too hard to defend against jealous governments on Earth at our points of ingress and egress. I think our best option for making the land useful is to build data centers. Since they'd be off-world, they could operate free of government oversight. We'd have to build a mostly self sustaining infrastructure of robots that can manage the data centers.

    To protect our real estate on Mars against jealous governments and corporations that will eventually realize what we're doing, we'll need an army of drones that have plenty of ammo and good deep learning AI algorithms to respond to threats. We'll want very maneuverable ones, like the quad copter drones. It would be hard to protect against a nuclear strike, so we'd need to operate at just the right amount of profitability and damage that it won't be worth the expense to jealous governments to send large nuclear payloads to Mars. Maybe we can also protect the facilities better by building many of them underground.

    To protect ourselves, we'll need to remain anonymous and rent out the real estate on the black market. Then we'll need some kind of business front for money laundering. I hear car washes are quite effective.

     The data center idea is not practical due to latency. It takes between 4 and 24 minutes to send data between Earth and Mars. It all depends on where they are in their orbits. Modern websites and applications require data transfer to occur in the millisecond range. Due to physics, there is no way to overcome this barrier. As far as the data centers being free from government oversight, there are closer and more practical places to do that. There is even ongoing research with underwater data centers in the ocean. The advantage under water is you are physically close to the population and water can naturally cool the data center. 

  • Layton, UT Ā· Member since 2019 Ā· 85 posts Ā· 49 votes
    6y

    @Joe Splitrock Touche, touche. Although there are several uses for high latency data centers, you are correct that there is an abundance of alternative options here on Earth.

  • Nijmegen, GE Ā· Member since 2019 Ā· 62 posts Ā· 25 votes
    6y

    @Nick Rutkowski This reminded me of this comic: https://www.penny-arcade.com/comic/2012/05/07/the-fullness-of-time1 :D

  • Specialist Ā· Omaha Ā· Member since 2019 Ā· 22 posts Ā· 5 votes
    6y

    @Nick Rutkowski

    I’m developing a chain of bars there- ā€œMars Barsā€

  • Rental Property Investor Ā· Boston, Massachusetts (MA) Ā· Member since 2016 Ā· 2k+ posts Ā· 2k+ votes
    6y

    the water bills would be a ##$%^

    On the plus side, you could amortize your mortgage in martian years of 687 days which means you can lower your payments through a 56 year mortgage!

    careful though, a lot of the martian turnkey companies will just put any old tenant in there...

  • Rental Property Investor Ā· Ithaca, NY Ā· Member since 2015 Ā· 1k+ posts Ā· 1k+ votes
    6y

    @Gail F Thompson

    Good question, I’m finalizing the numbers now. I got Mickey and Goofy looking to invest. Donald Duck and Pluto are on the fence. Did I mention this was suppose to be Disney Themed?

  • Rental Property Investor Ā· Ithaca, NY Ā· Member since 2015 Ā· 1k+ posts Ā· 1k+ votes
    6y

    @Kris L.

    I might need an energy subsidy for all the sun I’ll be using for my Mars Disney Theme Park. Would you agree to a hay penny per megawatt?

  • San Antonio, TX Ā· Member since 2019 Ā· 930 posts Ā· 836 votes
    6y

    @Nick Rutkowski

    Sure, although Mars already has about 1/10 energy the draw of earth due to being further away and smaller.

  • San Antonio, TX Ā· Member since 2019 Ā· 930 posts Ā· 836 votes
    6y

    @David Ripplinger

    You will have to modify your quad copters. Atmosphere is 1% that on earth so it’s like trying to fly them at 100,000 feet here.

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