Friday 19 August 2016

Distracting Dreams

The dreams I am talking about are not the ones we experience at night or even the ones that you experience as your bored mind wanders during the day.

The dreams I am talking about are the ones that you want to accomplish, your long distance goals. If you are like me, you have a lot of dreams a lot of things that you would like to do . . . a lot of dreams that you want to achieve.

As I have said before, one of the things that I do is check the real estate listing website regularly to see what the market is like and see what is out there.

I do this to see if there is that sweet deal that I can’t pass up. I also check for those silly deals, as in something I might be able to do now, yet shouldn’t.

Again, it started with me seeing how much land I could get for very little cash, and assessing where that was and if that was some place I could see myself living in . . . in a few years.

That led to looking for cabins and other similar properties and again, I found a few for relatively little. It is all tempting, but in the end, not practical and distracting to me, for now

At this point, even if I could swing a real estate deal by either paying cash or obtaining some sort of cheap mortgage I would be in a fiscally bad situation and couldn’t do anything with that property for at least a year and a half, more likely two years.

Why? My budget (and common sense) would not allow me to uproot from a good job and move to the middle of nowhere without first the truck being paid off and second of all a bit of a nest egg.

Why do I need to move? Because, like Vancouver and Toronto, the prices for houses in this province are (according to the Geoffie index) insanely, stupidly, grossly overpriced.

I am not going to put myself into an overleveraged position just to get a “nice house” in a “nice area.”  I refuse to be house poor. That and I have plans and to do those, I need land and space.

The point is, that I need to keep reminding myself that I really can’t start looking for a place for at least two years, As in August of 2018.

By that point I will not only be debt free but have a bit of cash in the bank and actually be in a position to live on said property and live cheaply. To try to buy before then would be a risky proposition at best.

I will still look, I will still see if I can hobble some deal together for the right property for the right price. I will know that to dwell on this is dangerous and yes distracting.

It is a pleasant distraction though, but it does come with the aggravation that comes with dreaming a dream that can’t come true . . . yet.

Yet again, for no reason whatsoever, here is your sunrise shot:
As always: Keep your head up, your attitude positive and keep moving forward!

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