A house. My mortgage is cheaper than rent, and now I get to actually address annoyances with my living conditions.
It’s almost 100 years old, and a bit of an fixer upper, but the important stuff is solid. Last summer I invested in proper drainage around the foundation so that I can start making the basement livable. This year I invested in a proper bathroom. Next year it’s a new kitchen. And if time allows I’ll start rebuilding the basement mainly for one extra bed room and an office.
This is a good one. I finally teamed up with family to invest in a house last year. I’ve found a lot of issues that I’ve since fixed, especially with the electrical. There’s still a lot to fix, but I’m elated that I can actually take action to fix stuff.
While renting, my hands were severely tied. The only benefit with renting was that if anything was literally broken, it would be fixed by the landlord, free to me. “Fixed” is subjective, usually done as cheaply as possible, which is often making things less convenient.
Now I can have things fixed correctly, making things more convenient overall for me and my family.
Long term, we’re planning on renovating and adding another kitchen and bathroom, possibly another entrance and I’m considering splitting the HVAC for one portion of the place and almost splitting it into two independent homes that are conjoined.
Same, cut my monthly housing cost by almost $1000 two years ago. So many good things have happened as a result as well, because it was a move between regions and opened up alternative employment options not previously available. As a result I also doubled my income.
A house. My mortgage is cheaper than rent, and now I get to actually address annoyances with my living conditions.
It’s almost 100 years old, and a bit of an fixer upper, but the important stuff is solid. Last summer I invested in proper drainage around the foundation so that I can start making the basement livable. This year I invested in a proper bathroom. Next year it’s a new kitchen. And if time allows I’ll start rebuilding the basement mainly for one extra bed room and an office.
This is a good one. I finally teamed up with family to invest in a house last year. I’ve found a lot of issues that I’ve since fixed, especially with the electrical. There’s still a lot to fix, but I’m elated that I can actually take action to fix stuff.
While renting, my hands were severely tied. The only benefit with renting was that if anything was literally broken, it would be fixed by the landlord, free to me. “Fixed” is subjective, usually done as cheaply as possible, which is often making things less convenient.
Now I can have things fixed correctly, making things more convenient overall for me and my family.
Long term, we’re planning on renovating and adding another kitchen and bathroom, possibly another entrance and I’m considering splitting the HVAC for one portion of the place and almost splitting it into two independent homes that are conjoined.
Same, cut my monthly housing cost by almost $1000 two years ago. So many good things have happened as a result as well, because it was a move between regions and opened up alternative employment options not previously available. As a result I also doubled my income.