Need advice about a big life decision

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  • 12
    Banned
    • Feb 2010
    • 4458

    #1

    Need advice about a big life decision

    I asked about this about a year ago... We were buying a new house at the time and were debating on staying in our current area (around 200k people) or moving to my wife's hometown (around 2,000 people).

    We decided to stay put and bought a newer and bigger house here.

    We like it but I think we're just merely content here. The house is nice but it's in a subdivision and the area is growing and very busy.

    So, we're contemplating moving to my wife's hometown which is around an hour away. Here's the specifics.

    We would live in a house for free. It is her grandma's house that her dad inherited. It's out in the country, roughly 3,000 square feet, built in the early 1970s (so it's built very well) -- it needs some upgrades but it would be a great house for us. This town, while small, is absolutely beautiful. We have two little boys and our third on the way. We would have family there. There is a ton for us to do there in the way of skiing, hunting, fishing, camping... We have a cabin in the mountains there as well. It's an hour away from civilization so to speak, but it's a great little community with traditional American values.

    More than anything else, it is my wife's dream to live and raise our children there. She had an amazing childhood and the thought of making our home there is enough to make tears of joy stream down her face. I really like it there too and believe wholeheartedly that I will grow to love it.

    Now let me talk about logistics.

    I would stay at my current job for now, which is 1.5 hours away. During my work week, I would stay at an RV Park. Sounds horrible, right? I would demote from my current job class (Sergeant) and become an officer again. This opens up my opportunities to bid onto 12 hour shifts. I would make around the same amount of money. I would only work 14 days per month. I've done the math and I would see my family much more on these shifts, despite staying there during the week. Also, I would use less leave during vacations due to having many, many more days off during the year.

    Eventually, I would look for work in the area we live in. So the RV Park set up would likely be temporary.

    Another bonus is that staying in the RV will afford me the time I need to finish college. I could easily knock my degree out in a year.

    And... No mortgage means we would save a ton of money. We are a single income family with an $1,100 mortgage. We do OK but with two little ones (soon to be three), there is never much room for extras.

    Finally (and thank you if you're still with me), this brings me to our house. Selling it a mere year or so after we bought it would be tough. I would like to hire a rental agency and rent it out (we could probably charge $1,400 to $1,600 per month). It would turn into an investment property. I've talked to some guys I work with and the agencies do a great job of managing properties. It would also serve as a contingency in the event that we wanted to move back.

    Thoughts? I have pondered this quite a bit. I have made pros and cons list and the small community wins in a landslide. And since my Dad died, my perspective on life has completely changed. I'm not wrapped up in my job and the promotions I once thought I wanted. It just doesn't seem important. My commute now is roughly an hour to and from work a day, five days per week... My family time is pretty limited on my current schedule and with my seniority, I am looking at a long time before I get a good schedule (currently work Graveyard with Monday and Tuesday night off). Working the 12s would eventually give me Friday, Saturday, Sunday and every other Monday off.

    I need some OS wisdom.
  • kehlis
    Moderator
    • Jul 2008
    • 27738

    #2
    Re: Need advice about a big life decision

    What about the kids?

    How's the schooling? How old are they and do you think they would be able to adapt to change?


    I moved around a lot growing up and consider myself to be stronger because of it so I'm not suggesting it as a negative but it is certainly something to consider.

    Comment

    • Husker_OS
      Champs
      • Jun 2003
      • 21459

      #3
      Re: Need advice about a big life decision

      Any mortgage/banking questions, feel free to ask. The housing market is getting better, but be prepared for your home to sit on the market for awhile unless you're willing to price it lower than the comparables. Interest rates are rising over the past 60 days after being pretty low for the fall and most of the winter. I tell people to hold off on purchasing/refinancing right now and wait for the rates to start dropping again in the fall.
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      • Redacted01
        Hall Of Fame
        • Aug 2007
        • 10316

        #4
        Re: Need advice about a big life decision

        Is she really your wife? After that last thread and all...

        Do you already have an RV or is that something you're going to have to buy in order to prevent the 1.5 hour commute? If not, may be better off getting a fuel efficient car and commuting for the time being. Somebody my dad has worked with has commuted well over an hour each way for decades because he likes his job and where he lives. Otherwise, when you do get another job, that's an RV you invested in that you may or may not get much use out of. Then again, if people can't afford to rent your house, maybe they'll buy a camper.

        Renting out your house is a pain, but if you just bought it, maybe it still has some nice warranties. Otherwise, be prepared for anything and everything to go wrong. And I don't know how much renting costs in your area, but don't price yourself out either. It also takes a lot to evaluate potential tenants. Make sure you have the time to do so.

        So, everything I read sounds like a positive, but definitely look at it from all sides. The grass isn't always greener 1.5 hours away, but if the renting goes smoothly, it could be green everywhere.

        Comment

        • 12
          Banned
          • Feb 2010
          • 4458

          #5
          The move would be great for my boys. Much more space to run around.

          They are 3 and 1, so very young. My oldest loves "the farm" as he calls it, which is where we would live.

          The schooling is very solid and we're involved in their learning process.

          Comment

          • 12
            Banned
            • Feb 2010
            • 4458

            #6
            Already have an RV... And yeah, the more I think about it, the less I like the renting idea.

            Comment

            • kehlis
              Moderator
              • Jul 2008
              • 27738

              #7
              Re: Need advice about a big life decision

              We're on different sides of the country but you shouldn't have much of an issue selling.

              We are practically giving away mortgages at my bank right now at a level we never have and houses here are flying off the market.

              I recently bought a house but no lie there were three houses that I looked at and liked but were sold within 2 days before I could make an offer. Shouldn't have much of an issue.


              Husker is right, rates are trending up a bit but you still shouldn't have much of an offer selling right now. Price it higher than you want to sell it for expecting a counter and go from there.

              Comment

              • mgoblue
                Go Wings!
                • Jul 2002
                • 25477

                #8
                IMO sounds like you should move since not happy here now.

                Wasn't there a lot of far driving for kids sports and stuff? Is that a non issue now?

                I think you could sell or rent. We got our house a year ago and its worth more than what we got it for.

                I'd just say be happy...That's most important

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                • 12
                  Banned
                  • Feb 2010
                  • 4458

                  #9
                  They could play sports there but the leagues would be pretty small. It's definitely Mayberry. But for summer leagues and such, the drive would only be about 30 minutes away.

                  We are happy here I guess, but the move would make us more happy. I'd get more time with my wife and little ones.

                  Comment

                  • 12
                    Banned
                    • Feb 2010
                    • 4458

                    #10
                    Plus... Being a bachelor in a comfy RV doesn't sound too terrible. It wouldn't last more than two years, I wouldn't think.

                    Comment

                    • dickey1331
                      Everyday is Faceurary!
                      • Sep 2009
                      • 14285

                      #11
                      Re: Need advice about a big life decision

                      If Im not mistaken that thread you made last year you had some sort of problem with your father in law or am I thinking of someone else?

                      I think its a good move. I would think about driving to work. People at my work drive anywhere from 20 min to 1 1/2 hrs to get to work.
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                      • 12
                        Banned
                        • Feb 2010
                        • 4458

                        #12
                        That was me... He just wants to make sure that I don't do anything I will regret as far as my job goes. And he equates me staying in an RV to his experience when he was married and he doesn't think it was good for his marriage (they divorced but not because of that). He worked 2+ hours away and was only home on weekends.

                        I counter that with two very solid points. First, my schedule would only keep me away 10 days a month total. Second, my wife and I have a very strong marriage; something that he admits he never had.

                        And I can't downplay the importance of the opportunity this will afford me in finishing college.

                        He wants us there. We know he does. He just has a hard time voicing his commitment to it because well, that's just how he is.

                        Comment

                        • cavsfan2
                          MVP
                          • Aug 2010
                          • 3902

                          #13
                          Re: Need advice about a big life decision

                          It sounds like a great situation/opportunity for you guys.

                          The only thing is that when you are at work and not home for 5 day stretches your wife will be caring for 3 children under the age of 5, one of which will be an infant.

                          I really don't see that being a huge issue since this seems like it could be a great thing for you and your family.

                          Comment

                          • Lieutenant Dan
                            All Star
                            • Sep 2007
                            • 5679

                            #14
                            Re: Need advice about a big life decision

                            Hi 12...I remember your thread well.

                            Since you are looking for opinions...

                            1) Sell the house, don't rent. Good tenants are just too hard to find, and as such your house will 'age' way too fast being occupied by people who don't care as much as you do.

                            2) I'd say do the commute if you move. If you guys only had one little one that's one thing...but multiple children under 5...eh. I think that might wear your wife out more than you realize. Even if you get home late, at least she knows you'll be home tonight, you know? Just for the moral support if nothing else.

                            Good luck!
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                            • PadresFan
                              Underrated
                              • Feb 2003
                              • 1147

                              #15
                              Originally posted by Lieutenant Dan
                              Hi 12...I remember your thread well.

                              Since you are looking for opinions...

                              1) Sell the house, don't rent. Good tenants are just too hard to find, and as such your house will 'age' way too fast being occupied by people who don't care as much as you do.

                              2) I'd say do the commute if you move. If you guys only had one little one that's one thing...but multiple children under 5...eh. I think that might wear your wife out more than you realize. Even if you get home late, at least she knows you'll be home tonight, you know? Just for the moral support if nothing else.

                              Good luck!
                              While I agree with Dan about tenants.... Is it possible to rent the house to someone you know or work with? We had our house on the market a year ago until a co-worker needed to rent a house ASAP. Took it off the market and they have been great tenants.

                              Due to the current changes in the housing market, our house has gone up about $50,000 in equity since. If you can keep the property... do it.

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