Well, I finally did it. I pulled up my skirt a little and bought a second place. We’ve been wanting a summer home of our own at the lake that our family has a cabin near. We bought a place from a friend of ours that isn’t finished. Basically, another friend of ours is going to help us build the place and we’ll just keep it as a summer home. The good news is that we got a great deal on it and it is relatively risk free. Worst case scenario, we can sell it and make a little profit.
I’ve already got a friend of mine lined up to get it built up and closed in for the winter and we’ll chip away at the inside all winter long.
While this wasn’t perfect timing for us, we do think it was a good move. I’ve been wanting to stick my neck out a little and this seemed like a low risk way to do it. We built another place two years ago right across the street so we know what we are getting ourselves in to. (family built it). Permit is done, foundation is complete and we’ll get the framing done soon enough.
So, if you notice I’m not posting as much, it’s because I’m covered in sawdust.
Cooool. Me jealous.
Awesome! I have been thinking alot about this recently. I really, really want to create a summer/vacation family home (on some body of water). I just can’t figure out how to make it happen yet – but its at the top of my list!
Congrats!
I have been wanting to do this for a long time too. I have been aggressively keeping my eye out for any opportunities in the area. When this came up, I jumped at the chance. While it’s a little tight financially now, it will just get easier.