Thinking About Selling My House And Staying In The Truck

Hi, I’ve not been here for a while, just been busy with life I guess. Still driving, going on my third year and I’m thinking it might be time to do it full time. I pay $1200 a month for rent in my house and I spend an average of 3 nights a month there. The rest of the time, I’m either in the truck, visiting my parents or at my girlfriends house (which is literally two houses away from mine. My biggest concern is with storaing my stuff. What does well in a house, probably won’t do well in a storage unit. I don’t want to sell my furniture, beds, etc for fire sale prices and have to buy it all again later. My plan is to lose the house payment, utilities, insurance etc and save about $50k a year for 2-3 years and then buy a house and go local. Storage is $100 a month, or I can use my parents garage for free. Stay with my gf on the weekends (she’s 100% with this plan as it benefits us both and she is also actively saving similar amount so we will be able to buy a $2-300k house in cash in just a few years. ) Thoughts from people that have done this?

The economics here are very clear. Store your stuff and save the money. That’s what I did and it has been a good decision. The only thing I see that could go wrong is if you break up with your girlfriend. What then?

Then I have a pretty good nest egg to either buy a house earlier or to stay in hotels on my time off.

The economics here are very clear. Store your stuff and save the money. That’s what I did and it has been a good decision. The only thing I see that could go wrong is if you break up with your girlfriend. What then?

Be sure to store your home belongings in a climate controlled storage. That way you can eliminate things like mold from starting and weather damage.

Tripltdad in regards to economics a couple other thoughts to ponder. Would you consider renting and keep growing equity in the house? Not sure where your home is but with the way the economy is not looking to good for home sales. But if you sell you can invest the money elsewhere to make it grow. When your ready to buy in the future are you thinking of the same area because if your going to relocate any distance away moving expenses may be prohibitive vs buying someone's fire sale items in that area. If I get rid of the bigger items what is there value vs buying again vs the smaller storage unit cost? Only you know what will work best for you, if these items have sentimental value for instance the price of the storage unit won't matter.

I’m confused; are you renting your house, or paying a mortgage?

I pay $1200 a month for rent in my house

The numbers are easy and I’d put stuff in storage; climate controlled like suggested.

If you own your house and consider renting it, just keep in mind you’ll probably need a good property manager, since you’ll be an absentee owner.

If you’re renting, I’d say you’re currently wasting $$ on rent. Save the $$. Debt free is a great feeling.

Good luck. 😎

Renting the house. Idk why I put sell the house. Household stuff they I don’t store.

I’m confused; are you renting your house, or paying a mortgage?

I pay $1200 a month for rent in my house

The numbers are easy and I’d put stuff in storage; climate controlled like suggested.

If you own your house and consider renting it, just keep in mind you’ll probably need a good property manager, since you’ll be an absentee owner.

If you’re renting, I’d say you’re currently wasting $$ on rent. Save the $$. Debt free is a great feeling.

Good luck. 😎

Definitely not worth continuing to pay rent. As suggested, put things in storage, which will be cheaper than paying rent. When you do need a place to stay, rent a decent hotel room for a few days. You will be saving roughly $10,000/year by not paying that rent. Climate-controlled storage unit for a house full of belongings can be secured at under $300/mo. Even paying for a hotel room here and there, it's not going to cost anywhere near the $900+/mo you are saving by letting the rented house go.

Hi, I’ve not been here for a while, just been busy with life I guess. Still driving, going on my third year and I’m thinking it might be time to do it full time. I pay $1200 a month for rent in my house and I spend an average of 3 nights a month there. The rest of the time, I’m either in the truck, visiting my parents or at my girlfriends house (which is literally two houses away from mine. My biggest concern is with storaing my stuff. What does well in a house, probably won’t do well in a storage unit. I don’t want to sell my furniture, beds, etc for fire sale prices and have to buy it all again later. My plan is to lose the house payment, utilities, insurance etc and save about $50k a year for 2-3 years and then buy a house and go local. Storage is $100 a month, or I can use my parents garage for free. Stay with my gf on the weekends (she’s 100% with this plan as it benefits us both and she is also actively saving similar amount so we will be able to buy a $2-300k house in cash in just a few years. ) Thoughts from people that have done this?

I don't owe a home, but why not actually purchase a property? Housing will most likely keep going up unless we have a crash. Set aside that 1200$ a month to start paying a mortgage. Rent the place out, and then have a place you can someday retire to, or if you ever wanted to stay local. Renting out comes with its own headaches. But at least to me on paper, would be the best investment.