- Plan 1 (the day we closed on the property)
- Move in 10 years, when Pops is ready to retire.
- Sell the house in the city and use the profit to build a one bedroom condo with a large garage to live in while we build the main house.
- Plan 2 (a few weeks later)
- Move in 5 years, when the Girl is finished with university.
- Sell the house in the city and use the profit to build a one bedroom condo with a large garage to live in while we build the main house.
- Plan 3 (a few weeks later)
- Move in 2 years, when the Girl is finished with community college and she can transfer to university near the property.
- Get a loan to build the one bedroom condo with large garage. Sell the house in the city, move to the condo and begin building the main house.
Plan 4 (11 months after purchasing the property)Move in 18 month (same time frame as Plan 3).Sell the house in the city, move into a travel trailer on the property and begin building the house.Garage to be built either at the same time as house or after.Condo to be built as an addition to the garage at a later date.
- Back to Plan 3 (a few days after deciding on Plan 4)
- Lesson to be learned, sit on an idea at least a week before telling anyone or visiting the RV dealership. (we talked, we did not buy)
What ultimately happened (18 months after closing on the property)….
October: Pops accepted a job offer in Oregon. We purchased a travel trailer (and a tractor) and he moved up the beginning of November. I went with him for the first week to help him get set up. He’ll come down to LA a couple times over the next few months to finish projects around the house, then I’ll move up in May.
Then Covid-19 hit. Thankfully, Pops and I are both in “necessary industries” (the world of engineering), so we’re ok financially. Pops hasn’t been able to fly down as often as we had hoped, so some projects at the house were put hold. We’re putting it on the market almost a month later than planned, but it’s still in the works. When it will sell and what we’ll get out of it is up in the air, but we can’t stop the ball from rolling at this point. I’m hoping to move by the end of June *fingers crossed*.