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select-fire
Bronco thread got me thinking of my very first home for the family. I don't consider the student housing at the University rent ..it was way way cheap with utilities included.  I purchase a single wide mobile home for 2600 dollars and repaired it for about 400. 3 grand first home. It sufficed for 1 year till I sold it to the Mobile home park owner and  bought a 1800 square foot real home.  How about y'all how did you start out?
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Comments

40 comments

Date Votes
  • select-fire
    Funny how you look back on sales and non buys. First home I subcontracted out was built for 35k dollars an extra 3 car garage for 9k . Land was a gift.  Sold that home for 115k one yr after being built and came South. I was so happy almost bought a subdivision that was just zoned but passed on buying it. Could have bought those little 1/3 acre lots for 5k apiece... there were 45 of them. Went back thru the area later when it was developed and they had sold half of the lots for 35k each.. now it is full of those city lites folks living close to one another.  Should a Would a Could a...
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  • allen griggs

    My first home, I built this 3 br log cabin on Lake Sinclair Georgia.   Cypress logs.
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  • danielgage
    I still live in mine we built it in summer 1996 and I carried by bride across the threshold November 2 1996
    My Uncle Bert helped me I would come home from work and he would have things marked and laid-out and I would start nailing and standing walls until dark thirty every night that summer
    $42,000 easiest money I ever borrowed could not believe it was that simply
    learnt a lesson in usury
    wife has made it a wonderful home to me and my 2 boys
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  • mjrfd99
    us55840 said:
    mjrfd99 said:
    1st $45 K  1982 
    Sold $90K 1992

    Looks like a nice profit but clearly did NOT subtract the years of real estate taxes and insurance paid nor repairs/upgrade costs.  :o
    Yep.  Rat over taxed city.  Just one of reasons we moved  60 miles away.  Then there was the rat ruined schools my kids would have had to go to.  

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  • NeoBlackdog

    My first home, I built this 3 br log cabin on Lake Sinclair Georgia.   Cypress logs.
    I think you win, Allen!  That's just downright beautiful.
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  • Toolman286
    Allen, hope you still have it.
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  • allen griggs
    No, I sold it in 1995 for $137,500.
    And here it is today.
    https://www.zillow.com/homes/136-Old-Plantation-Trl-Milledgeville,-GA,-31061_rb/128853787_zpid/

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  • Brookwood
    Beautiful home Allen!  Those Cypress logs should last a few centuries too!   
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  • ridgleyart
    We lived in an apartment for the first year after we got married. We decided we wanted a dog.  The apartment manager said that was fine as long as we paid a pet deposit.  So we bought a dog and about two weeks later called and told us the new owners didn't want dogs in the apartment and that if we had already gotten one we needed to get rid of it.  By this time our contract was up and we were month to month, so we told the manager this would be our last month and we went out and bought a 2,100 sq. ft. house with a big fenced backyard that week.  We lived there for 15 years until we could afford a place in the country with some acreage.  So essentially we bought our first house for our dog.
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  • allen griggs


    When I sold that cabin in Georgia, I took the cash and bought 38 acres up here in the mountains and built this house where I now live.   These logs are white pine.

    I have heard horror stories about upkeep problems on log cabins.  Most of these problems are cause by bad design.
    As you can see here, on the gable ends I have a 4 foot roof overhang.  On the long wall, a 6 foot roof overhang.
    You want to keep the rain and sunshine off of the logs.  
    Also, some people plant bushes next to the cabin.  Folks, this is not a brick ranch house.  Bushes will trap moisture and can cause the logs to rot.
    When my cabin was 10 years old I put latex stain on  the logs.  That is the only maintenance I have done.
    I must admit I have a problem with carpenter bees.   They make a little hole in a timber, and then the woopeckers make a real big hole to get the bee larvae.    I have 8 or 10 holes, maybe 2 inches by 5 inches, and one inch deep,  where these woodpecker have made holes.
    Interestingly, only one such hole in a log,  the rest are in the big timbers that form the roof of the porch and the roof overhangs.  No structural problems from the bees and woodpeckers but I must admit it is a problem you wouldn't have with a brick ranch house.
    One day, I killed 78 carpenter bees with a badminton racquet.  You can get faster racquet speed with a badminton racquet than with a tennis racquet.  Also, it is great sport to shoot carpenter bees with a Ruger Single Six and rat shot.

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