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

Posted on 6/10/20 at 8:19 am to
Posted by MSTiger33
Member since Oct 2007
21659 posts
Posted on 6/10/20 at 8:19 am to
Selling second and buying third. This will be the 20+ year house. It’s gigantic so plan to downsize after kids grow and leave.
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
10761 posts
Posted on 6/10/20 at 8:23 am to
quote:

Many of my friends move every 3 to 5 years.

Thats the way to do it.
Buy the lot right in a desirable area.
Sub the house yourself
Do not be the most expensive house in the neighborhood,
Sell it in 3-5 years,

Do this 3-4 times and the next one house should be just about free - definitely mortgage free.

Posted by Gorilla Ball
Az via La
Member since Feb 2006
13247 posts
Posted on 6/10/20 at 8:27 am to
4 since 1996.
Posted by Eric Stratton
Faber College
Member since Mar 2015
2056 posts
Posted on 6/10/20 at 8:28 am to
(no message)
This post was edited on 6/10/20 at 9:36 am
Posted by Eric Stratton
Faber College
Member since Mar 2015
2056 posts
Posted on 6/10/20 at 8:28 am to
1.... only 1, I'm a poor though
Posted by Slingscode
Houston, TX
Member since Sep 2011
2257 posts
Posted on 6/10/20 at 8:43 am to
On my second. Will probably purchase one more when we retire in a few years.
Posted by AlxTgr
Kyre Banorg
Member since Oct 2003
87391 posts
Posted on 6/10/20 at 8:47 am to
4
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 6/10/20 at 8:50 am to
Bought the first and built three all in 40 years.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 6/10/20 at 9:14 am to
#10 will be soon.
New Condo near my grandkids in the Dallas metro area.

Total homes bought and sold under a LLC with father and sister for rental property 70 homes since 1990.
Posted by Floyd Dawg
Silver Creek, GA
Member since Jul 2018
5229 posts
Posted on 6/10/20 at 9:21 am to
One. Sold it as a byproduct of my divorce and my wife bought our current residence.

Went from 1/3 acre in Towne Lake (lived there 6 years) to 25 acres in Floyd County (been here 12 years). Best decision we ever made (after children).
This post was edited on 6/10/20 at 9:23 am
Posted by CptRusty
Basket of Deplorables
Member since Aug 2011
11740 posts
Posted on 6/10/20 at 9:22 am to
38 years old, on house number 3

Bought #1 in 2008 when I was single

Bought #2 in 2014 with my wife

Just bought #3 this year now that we have children. I don't plan on moving until they're out of the house, unless I have to relocate for work.
Posted by jmon
Loisiana
Member since Oct 2010
10290 posts
Posted on 6/10/20 at 9:22 am to
3 for me. Starter home when young, transfer to another star for #2, and back to LA for #3. We have been in this one for 24 years now, and will be our last unless we retire to something smaller and more manageable when older.
Posted by dansr731
Slidell
Member since Dec 2009
601 posts
Posted on 6/10/20 at 9:23 am to
On #2, we’ve been in it for 16 years. We were in #1 for 4. Plan on staying here for many more years. Good neighbors all around the same age
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98044 posts
Posted on 6/10/20 at 9:25 am to
quote:

He told me average length of home ownership is seven years- Unreal To me


This is the best part to me for the 30yr Fix lovers

quote:

Many of my friends move every 3 to 5 years


But will only take a 30yr fix
This post was edited on 6/10/20 at 9:26 am
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
37057 posts
Posted on 6/10/20 at 9:25 am to
We’re on number 1, and have been here about 3 years. We skipped the “starter home” purchase and bought something that we can grow into. I do still look at real estate from time to time, but I could also see us living here for 20 years.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
139421 posts
Posted on 6/10/20 at 9:25 am to
I'm now on my 3rd, just under contract to sell, and building #4, which is to be my retirement home.

Posted by redneck hippie
Oklahoma
Member since Dec 2008
6413 posts
Posted on 6/10/20 at 9:26 am to
46 years old on #3. This is the last for a long time
Posted by GeauxWrek
Somewhere b/w Houston and BR
Member since Sep 2010
5022 posts
Posted on 6/10/20 at 9:27 am to
so much privilege up in here
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 6/10/20 at 9:27 am to
5. Bought my first house in 93.
Posted by LSUengr
Baton Rouge
Member since Sep 2005
2618 posts
Posted on 6/10/20 at 10:18 am to
Never purchased a house, but have built 5 over 17.5 years so average of 3.5 years per move. Only residence I ever purchased was a trailer when me and the wife got married. Lived in it for 2.5 years, saved enough to build our first house.
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