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I couldn't agree more. I don't know why some people refuse to acknowledge that there's a bigger world out there than Eastern Tenn.
Here's another good example of being able to by a house for well under $75,000 on 3 acres. And it's less than a twenty minute drive to a large town small city with a hospital, big box stores and a university.
A house like this is almost exactly what I want when I retire. Not sure why some people will find this horrendous.
Yes! My husband and I bought a similar type property for our retirement, made it livable first and then spiffed the rest up gradually. It's a great route to take if you have only a modest to moderate retirement income. Little to no mortgage, pride of ownership, peace of mind, hedge against inflation and all that good stuff. And, yes, there's a whole world out there! Just make your wish list and start shopping around. That's what we did, and it worked well for us. I should say it took several years, it's a process, but it is doable.
I couldn't agree more. I don't know why some people refuse to acknowledge that there's a bigger world out there than Eastern Tenn.
Here's another good example of being able to by a house for well under $75,000 on 3 acres. And it's less than a twenty minute drive to a large town small city with a hospital, big box stores and a university.
A house like this is almost exactly what I want when I retire. Not sure why some people will find this horrendous.
I too am totally on board with that. It is amazing what can be done with fixer-uppers if the bones are good. We bought one when we moved to Michigan, made it livable, then added features as we could afford them.
I agree with it's not all eastern Texas (fortunately) but that specific house, no. It's 2 story for one thing and stairs will not get any easier.
I respectfully point out that buying a fixer upper isn't much different financially that spending money on a move in ready. You can make it more yours with a fixer upper but it'll take longer. Move in ready you can just move in after the closing but some things may just not be 'you'.
I agree with it's not all eastern Texas (fortunately) but that specific house, no. It's 2 story for one thing and stairs will not get any easier.
I respectfully point out that buying a fixer upper isn't much different financially that spending money on a move in ready. You can make it more yours with a fixer upper but it'll take longer. Move in ready you can just move in after the closing but some things may just not be 'you'.
You make a good point but buying a fixer upper for me works. I don't necessarily need to buy a fixer upper but I would love working on an old house and making it beautiful again. In retirement, there's no rush and it will give me a fun constructive project which I enjoy doing.
Also, most people could pay cash for a house like this and not have a mortgage payment. Unlike a mortgage payment, you're not on a schedule to pay x amount on the house each month or be foreclosed on. I could spend whatever I want to, when I want to making the house what I want it to be.
As for the stairs, the house was just one example. There are plenty of others without stairs.
... most people could pay cash for a house like this and not have a mortgage payment. Unlike a mortgage payment, you're not on a schedule to pay x amount on the house each month or be foreclosed on. I could spend whatever I want to, when I want to making the house what I want it to be.
Exactly. We wanted little to no mortgage in retirement, so buying a "distressed" property made that possible for us. Of course we had criteria and happily found a place that met them. Elbow grease, paint, yard work, and the turn of a screw here and there comprised a huge percentage of the home improvements, and the rest we just took on one project at a time as we were able.
LOL! Different strokes alright! Every time I read about Submariner's life in Maine I think, "man, he's living the dream!" and turn green with envy!!!!!
Yes, but reading about how you live in other threads, if I had to do that (and in Maine), I would kill myself.
Different strokes and all.
Quote:
Originally Posted by Unicorn hunter
LOL! Different strokes alright! Every time I read about Submariner's life in Maine I think, "man, he's living the dream!" and turn green with envy!!!!!
When I was in my 20s and dating girls, one of those topics of discussion that might come up is 'what are your dreams for the future'?
For me it was to live in the woods, off-grid, raise some livestock, and to do some gardening. Maybe a little foraging, hunting, and fishing.
I found that whenever I explained this to a girl, it would be the last date I could get. Some city girls will be frightened away by such talk, at least they were back in 1980.
One time I was courting a truckstop waitress, and I told her about my vision for the future, and this girl said that she could see herself working toward such a future and focusing herself on that ideal. We were married in 1981 and we are still together.
This past weekend we hosted an apple cider pressing event at our home, we had a potluck afterward with 25 people seated around our table. Every participant went home carrying a bottle of fresh pressed apple juice, and I have 20 gallons fermenting next to my desk.
Not everyone can fit that size a crowd around their dining room table. It is not the ideal lifestyle for everyone, but we like it.
How old are you? And, what's the plan for when you go? How will your wife handle the farm? This is a life which requires a strong healthy man.
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