mmmmm...beer

Now... I do reserve the right if it all blows up... I have enough liquidity to drop on a few houses. But for personal homes... Meh. Unless of course Mrs...beer beeches too hard. Then I assume I'll have to find a property she can raise her chickens and bees in her retirement.

Yeah I'm talking about moving... For real. Not like.. for a month at a time. My main point to the whole thing is that buying a house isn't the end all be all. If you already have the nest egg... Why? We sold our house June 2024. After maxing out our Roth's for the wife and I last year... And this year .. plus giving each of our girls $5k I to a UTMA, I dropped $205 into SCHG. It's currently sitting at $267 in what...17 months? Not yo include what we made on the Roth's and the girls UTMA's. There's no way I'm dropping that back into a house. Having that capital to invest now should crush any return on a house.

Nobody said you can't travel. Wtf you talking about wonder? Hahah.. I mean locked into a spot for the length of your mortgage. Obviously you can rent it out etc... that's not the point.

You didn't really seem to read anything I wrote. You have a preconceived notion. Again... Nothing wrong with what you did. It's fine. It may not math what you think it mathed though, but whatever. You don't seem to care. Which again... is fine.

Yeah... If you itemize... Which honestly ain't that easy to beat the standard deduction for married couples anymore.

Hoe is renting "throwing money away"? I have a place to live with no hassles. How much did you spend on your house, total cost? How much did you pay in interest the last 30 years? Your house doubled... In almost 30 years? I'm not trying to say you've done anything wrong. I'm saying there is an alternative. If Almost 30 years ago... You started renting. And put the savings of buying/vs renting to include all maintenance, repairs, interest, levys, taxes... Etc... into the SP500? Compounded almost 30 years. Feel like you have an idea of what you think and can't see past that. The "throwing money away" each month statement is a little bit of a tell. Just a little math we're never shown.

I've something similar back in North Dakota. My Grandma's house on my Mom's side. It's an old farmhouse. Doesn't even sit on a concrete foundation. It's on 2 acres. I have a couple of my cousins living in it now, fixing it up and maintaining it. Mom is the youngest and last living of the 14 kids. Once Mom passes there's a pretty good chance I'll have it torn down. Lots of great memories in the house, but it's about done... Has to be close to 100 years old. To fix it would cost danged near as much to knock it down. Pour a foundation for a decent stick built modular. That's if I ever want to go back to North Dakota... Which we haven't lived in since we got married 24 years ago. So... slim chances... Mom just gave it to me... So I end up paying the $700 a year in property tax.

House passed it... Headed to Trump to sign it. Get back to the office you slackers... IE .. my wife. She's been cramping my retired style for 41 days in a row!

I don't know that is a great investment for as much as you pay for interest on the front end and all the expense that goes with it. I think the forced savings is more the real draw.

I've had a couple rental homes with my Pops. Not a fan. I found it more of a pain in the ass. But I have no qualms for folks that want to get income like that. Shoot Pops has what... 3 or 4 6 -14 plexes at one time in the Baaken.

That's really the only thing that's good about it. Paint the walls... Knock that one down I stead. Redoo those bathrooms. Yup... done all that. Don't care anymore. Slap a favorite rug and wall art in the room and call it good.

That's a fun plan... Much of what we end up doing will depend on where the kids end up.

Right we're the same... and ...why on earth would you put all that capital into a non liquid "asset". That takes quite a bit to maintain.... And really makes no money for you. Every $100k can "on average" produce $12k a year sitting in the SP500.

Right... We have enough of a nest egg now, we don't need the forced savings. Being mobile is worth more to me than sitting in one spot.

WA States property taxes are pretty redic too. Not to mention the gasoline taxes. Still like $4/gallon there. Gotta pay for those needle exchanges somehow.