She sold an inherited house and is living off those proceeds. Must be fucking nice having generational, disposable, wealth.
Exactly. This $1300/mo did not include the $47,000 truck or the $50,000 renovations to it. She also had to replace the bed at some point.
So glad she was able to be given a ticket out of the capitalist hellhole grind but this is not the escape they were trying to claim others can do.
Let’s not forget she wants to buy another property in the US and rent it out so some other person can work long hours to pay for her adventures.
Kaye doesn’t know where she’ll settle if she ever sells the truck, but returning to the U.S. full-time is unlikely. If she ever does buy another house in the States, Kaye says it will be an investment and a source of income if she decides to rent it out.
Nothing wrong with that if she’s fair. Some people can’t buy a house, some don’t want to. Let’s stop conflating small landlords with the corporations and institutional investors who are raping us.
You must be new here.
I have seen comments calling for “landlords” to be killed. Even people that spent their whole lives buying their one house and then renting out a floor of it for retirement.
A lot of people believe that, if you have enough one to son property, you are automatically immoral and expendable.
The hate is misdirected and fucking childish. Said one time that I might rent my single house out when I retire and move my wife back the the Philippines. Apparently I’m a beast.
OK kids, get fucked, I’ll take the house off the market at any price, you ain’t renting it. If they hate landlords so much, they’ll likely fuck the place up. Don’t need the hassle and cost from half a planet away. I’d probably make more money from appreciating house value than renting it for a fair price.
Every house owned reduces the available stock and drives the prices up for everyone else. One thousand "small landlords"have the exact same effect on the market as one corporation that owns 1000. You don’t get to evade judgement or responsibility just because there’s a lot of people doing it. You are sitting on an asset there isn’t enough of to extract other people’s labor in perpetuity. It’s Housing as a Service and it’s just as scummy as the software version.
As a landlord myself - eh. I don’t care about your judgement. I charge some of the cheapest rent in my city, and my tenants like me. The demo I serve is typically young people who recently moved to my city, who want a cheap place to live while they go to school or start a new job. I put a lot of effort into making the house not just nice, but into providing a good vibe and better amenities which will attract more cool people. And by attracting more cool people to live here, I create a community that makes it easy for the people who move in to make friends.
Now, if you want to get into the economic weeds, sure, the amount of rent I charge for the scarce resources of land in my city in this particular location is unfair. For more on this, I recommend looking into Georgist land value taxes, which I’m a big fan of.
But on the other hand, I decided a long time ago that I would stop hamstringing myself and making myself miserable in the name of moral purity. I saw an opportunity. I took it. If I hadn’t, someone else would have. I’m not going to feel bad about doing what is in my own best interests when living within a system that I have no possibility of changing, while directly harming no one.
And I am likewise not going to feel bad for judging you as a bad person who I would absolutely not get along with if I met in real life. I’m glad we’re both comfortable in our moral stances.
And of COURSE your tenants will pretend to like you. Do you not understand how having power over someone works? Are you new?
Jesus Christ you are an angry child with no understanding of the economy. I repeat:
Some people can’t buy a house, some don’t want to.
This dude owning a rental is not hurting you. In fact, OP is actually helping people like you. Companies owning thousands of rentals are hurting you. And you’re so blinded by your pain you can’t see the truth, and man, there’s no nuance to parse in that distinction between landlords.
Lol. Guess that’s why they keep in touch, invite me to hang out, have heart to heart conversations with me, and give me big hugs after they have moved out. They definitely just secretly hate me.
LOL, I say again:
Some people can’t buy a house, some don’t want to.
You’re arguing with angry teens OP. :)
I got on the road for about 25k all in. Trailer, truck, solar/battery system. You don’t need 100k and a brand new truck with a brand new camper to do it comfortably. Buy used and buy smart is the way to go. I got lucky that the timing of finishing my apprenticeship coincided with the bottom of the depreciation curve for post covid trailers but I still see a bunch of trailers and such for sale everywhere I go i can’t imagine the price of used trailers has gone up much in the past year.
I built out my van for about $12k all in. Been living in it for the better part of a decade now.
I’m thinking this might not be news if it was a old fat dude. (fixed typo)
Very true as I am currently doing this without the inherited money. Just working a remote job traveling in my RV around the same age. Lol
See that’s what I want to do. What’s your job?
I work in IT. There are a lot of people that work in medical, think traveling nurses.
We did this for the better part of five years. It is a bit more work on the days where you got to move the trailer. But I don’t think I would have traded those experiences for any amount of comfort.
Now we just live in the forest…
This is our goal in the next year or two. Buy land, park the RV and try my hand at building my own home. Since buying one is out of reach. To many McMansions and very few to zero starter homes (1,100 to 1,500sqft).
That is essentially our story. 10 years chasing ever-increasing down payments, fighting people to be the first to an open house to offer over asking…
We got here to our piece of forest with just enough space to park our 5th wheel cleared, then slowly went from carrying buckets of water up from the creek to boil and use for cleaning and a little DIY battery pack, to now having a well and grid power.
I think by end of next year we will have achieved comfort parity from when we lived in the city. But with infinitely more freedom and attachment to the nature around us.
fingers crossed…
Yeah, the weirdest part of this news story to me is that it is a news story. What they are describing is basically just… life… For about half of my friends. It is completely unremarkable, and is simply part of the straightforward parts of day to day life.
It’s like if the news said “local man makes pasta for dinner - says it is both cheaper and tastier than McD’s!!!”
It’s quite hard to stay fat when travelling.
As others have stated, this is not something everyone gets. What i was wondering is what is the plan for her future? Even at say 20k a year in expenses, she will run out sooner rather than later. It did touch on that by saying she may sell the truck soon and move on, but maybe do another year first. That is good because my next concern was how long you expect a vehicle that’s heavily driven every week to last before it becomes a liability or an unexpected big expense to repair. Get out before those days start. I wonder what she did with all the money. She could have made some decent returns on it if she played it right. She talked about buying a place to rent, which honestly she probably should have done first. Anything to offset losing the savings should be priority #1, which could mean doing this for much longer with less worries.
I follow a couple of nomad YouTube channels. My favorite being Trent the Traveler. Guy been living out of a van for 6 years. There no reason they can’t continue that life style. If have a remote job it’s even better. Makes me want to take the plunge. Of course I will do it in an rv. I want access to showers and a toilet.
Depending on the van, you can have a shower and a compositing toilet. I rented a Sprinter van in California that had both and a super small oven - worked remotely for two weeks and drove to several national parks before I returned to Missouri and the real world.
That is actually a pretty big stove for a van! I was expecting like 1 heat plate.
IIRC, it was a two burner and the oven was just big enough for a small frozen pizza or a tray of breakfast and bake cookies.
Should check out Trent the Traveler on YouTube, he has a nice sprinter van that has a pretty great layout. It’s basically a mobile gaming van. But he has a nice stove and oven as well.
Should check out this gaming/camper van being built. Only thing wish it had is a shower.
To anyone talking about “buT HeR inHEritAnCe!!!” - seriously, I know at least a dozen good friends who do basically this, but with no inheritance. They just have jobs, work their jobs, and travel. It’s great. If you are somewhat intelligent and competent and free of kids or other major responsibilities, you can do it too.
And if you have a hob that allows you to work remotely.
About half of my friends work seasonally, then fuck off for half the year, too. What job you do does tend to matter a lot for if you can make this lifestyle work. But if you want the lifestyle, you make it work - you find a job that, one way or another, gives you the sort of freedom you want.
Just knowing a dozen good friends seems like a lot.
Move into a van and go to the common vanlife spots and you’ll make friends. Most of my friends come through the rock climbing community.
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To each their own. The possibility of this is gone for me for now. Maybe when I’m only responsible for myself and partner again.
Well, you clearly didn’t inherit a house you can sell for $320k so this lifestyle was and never will be for you.
Yeah no big inheritance. It’ll be a possibility one day tho, just not now. And by then probably want want to do it.
Looks like an Instagram poser.
