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re: How many houses have you purchased? (Main residence)

Posted on 6/10/20 at 7:35 am to
Posted by ashy larry
Marcy Projects
Member since Mar 2010
5582 posts
Posted on 6/10/20 at 7:35 am to
I’m on #5. I’ll be here for a while though. The others were all places I lived 2-5 years and looked at as ‘investments’. I made decent money on them and always upgraded the next house. If my wife liked moving, I’d keep doing it and have a paid-off house in a couple more moves.
This post was edited on 6/10/20 at 10:07 am
Posted by JumpingTheShark
America
Member since Nov 2012
24834 posts
Posted on 6/10/20 at 7:36 am to
My parents moved houses a ton as a kid so I have a great desire to stay in my houses longer. I’m on my first one.
Posted by ColdDuck
BR via da Parish
Member since Sep 2006
3007 posts
Posted on 6/10/20 at 7:37 am to
5th. Upgrade about every 5 years. Roll equity into better house, keep relatively same note.
Posted by SB9513
Member since Dec 2019
156 posts
Posted on 6/10/20 at 7:40 am to
#1, been here for 7 years and just refinanced. I'm 33.
Posted by bayoudude
Member since Dec 2007
25907 posts
Posted on 6/10/20 at 7:40 am to
quote:

I made decent money on them and always upgraded the next house


Wish that was the case for me. Barely broke even on last house after being there for 12.5 yrs. sold right after last oilfield crash. I will never look at a home as a guaranteed wealth builder.
Posted by tiger91
In my own little world
Member since Nov 2005
40230 posts
Posted on 6/10/20 at 7:41 am to
3 in 28 years. This should be our final unless the kids all move to a general area and we move to be near them.
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
76273 posts
Posted on 6/10/20 at 7:44 am to
outgrew the first one

second was trashed by katrina. would have stopped there if that didnt happen.

in #3 now

would like to retire in #4 somewhere with a lot more space.

Posted by crash1211
Houma
Member since May 2008
3713 posts
Posted on 6/10/20 at 7:44 am to
One. It will be 30 years next year. It's been paid off for around 15 years. I will probably move when I retire. May just rent the house or sell not sure yet.
This post was edited on 6/10/20 at 7:48 am
Posted by vistajay
Member since Oct 2012
2900 posts
Posted on 6/10/20 at 7:47 am to
Owned no. 1 for 11 years. Thought of moving but instead added on to it twice before running out of room. Built No. 2 ten years ago in my early 40s. May own another primary residence someday but not for a while.
Posted by slinger1317
Northshore
Member since Sep 2005
7048 posts
Posted on 6/10/20 at 7:48 am to
Currently in #4. The original plan was starter home then forever home. Mix in a divorce and remarriage and best laid plans go out the window.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
115415 posts
Posted on 6/10/20 at 7:49 am to
still in second.

Owned first one for 17 years. 8+ years in current.
Posted by LSUintheNW
At your mom’s house
Member since Aug 2009
36972 posts
Posted on 6/10/20 at 7:52 am to
quote:

You must be white. Us blacks can’t get no mortgages and loans


Beat the system....get a house on contract.

There's always a way.
Posted by Rize
Spring Texas
Member since Sep 2011
19377 posts
Posted on 6/10/20 at 8:03 am to
I’m 38 and building my 3rd right now.
Posted by LSUfan20005
Member since Sep 2012
9224 posts
Posted on 6/10/20 at 8:04 am to
#1, 37yr old, been in house 11yrs.

I often think about upgrading, but I’ll start shipping kids out in just a few more years.

When we bought the house my income was less than half of what it is today. I get a ton of peace of mind from living well within my income.
Posted by IAmNERD
Member since May 2017
24238 posts
Posted on 6/10/20 at 8:06 am to
Two.

quote:

Many of my friends move every 3 to 5 years.

I helped a guy at work move 2 years ago and he was just telling me yesterday he is not going to spend the money for a privacy fence and put a chain-link fence up for his new puppies because he doesn't see them being there more than 2 more years.

That is nuts to me. I hate moving just about more than anything in this world.
Posted by 99BLKBRD
Member since Mar 2015
575 posts
Posted on 6/10/20 at 8:06 am to
In my second and final house. Been there 28 years.
Posted by Saint Alfonzo
Member since Jan 2019
30259 posts
Posted on 6/10/20 at 8:08 am to
Between the wife and I, this is house number four. I also own the house my mother lives in.
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17714 posts
Posted on 6/10/20 at 8:11 am to
quote:

I am on #2. Many of my friends move every 3 to 5 years. I was talking to my buddy in banking. He told me average length of home ownership is seven years- Unreal To me


I’m on #3. I’m in my 40’s. I can’t imagine moving from the home we are in now unless we move out of state. My wife has mentioned a few times about selling our current house to move to one with a pool. I don’t see packing all of our shite to move for something that trivial.

As Skip Bertman says, “as you get older you accumulate a lot of stuff”
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 6/10/20 at 8:13 am to
On number 4 in 16 years and it will be our last til we retire, assuming we do. Wife is an only child, so at some point, we’ll sell ours and her parents’ and head to the beach.
Posted by JamalSanders
On a boat
Member since Jul 2015
12222 posts
Posted on 6/10/20 at 8:17 am to
Currently building #1. Should close in October.
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