Building a house, boat might have to go :/

[d4l]

While looking for houses for a while now we have come to the point where we concidering to build one instead. The prices have shot up so far the past years and you just dont get your money worth. Sure building will be even more expensive, but then we get it exactly as we want, and we already got the land!

But the boat might have to go :/ feels rough, I saved for many years to reach my dream to afford my own powerboat, even if its a small one. But I try to look at it as an investment. If we do alot of the work ourself the value when finished will be higher then the cost aswell as we will be lowering our cost of living by a significant number each month. This will allow me to put away money and save up for a new and hopefully bigger/better powerboat, hopefully before I turn 40.


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[racetrash]

Better be best friends with the wife, most stressful thing we ever did while living in a 463 sq ft cabin on the property..

 

[Go-Fly]

Keep the boat and put in cheaper counter tops.

 

[King295]

I always view toys as disposable items that I can liquidate for cash if necessary. They typically depreciate over time but as long as you use them during that time and appreciate the memories made while doing so it is a wash in my mind.

Look at it this way, how much time do you spend in your boat? Not thinking about, spend in it. Then think about how much time you spend in you home................... You know what screw this thread, my wife has been bugging me to order the new shutters, get the landscaping done and to renovate both of our bathrooms and our kitchen.

Screw this shit, I'm headed to the river. Hope this helps.

 

[Icky]

Women

 

[monkeyswrench]

If the land you are building on is around Havasu, you'd get a lot more help from inmates

 

[d4l]

If the land you are building on is around Havasu, you'd get a lot more help from inmates

I wish! New lottery drawing on saturday, fingers crossed[emoji317]


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[monkeyswrench]

I wish! New lottery drawing on saturday, fingers crossed[emoji317]


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Don't worry, if I win over here we'll get you smuggled in...some spray on tan, teach you and your girl some Spanish... No problem

 

[Carlson-jet]

New home Builds are out of control. The only thing right now going for that are the interest rates. If interest rates were at 10% few homes for the masses would be built. It's not an absolute, but the people who make money on a new home are the builder and 2nd owner for the most part. To make money on a new home it's all about location. Polish the crystal ball and look forward 5-7 years at a minimum just in case your circumstances change. The boat is really not in what I'm saying here and if it is a deciding factor it seems like you are putting yourself out there.
Good luck and I look forward to reading the negative posts against my stance because I always like to learn.

 

[Rondog4405]

I feel yore pain... Wife wants a house .. And the boat might be on the chopping block also to make it happen.. Hurts thinking about it

 

[d4l]

New home Builds are out of control. The only thing right now going for that are the interest rates. If interest rates were at 10% few homes for the masses would be built. It's not an absolute, but the people who make money on a new home are the builder and 2nd owner for the most part. To make money on a new home it's all about location. Polish the crystal ball and look forward 5-7 years at a minimum just in case your circumstances change. The boat is really not in what I'm saying here and if it is a deciding factor it seems like you are putting yourself out there.
Good luck and I look forward to reading the negative posts against my stance because I always like to learn.

I hear you. I dont see it as much as an investment in the way of building and selling for profit. I compare to what we pay today and over a long time. If we build and by that lower the cost with about $400 a month while paying to ourself so to speak instead of renting thats a good thing. Plan is to live there for a long time.


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[Carlson-jet]

I hear you. I dont see it as much as an investment in the way of building and selling for profit. I compare to what we pay today and over a long time. If we build and by that lower the cost with about $400 a month while paying to ourself so to speak instead of renting thats a good thing. Plan is to live there for a long time.


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I see your position. Better to own and hope than to hope to own.

 

[HB2Havasu]

If you own a boat but rent a house there's something bass akwards?
You can always get another boat once your done with construction! Good Luck - Building a house is a PITA!!!