I'm only 16, and I'm already looking at plans and financing for building a log home in maybe 10 years, maybe a bit earlier. Does anybody think I'm a little too young to be looking into this stuff? I don't know, it seems wierd that I already have stuff picked out for something far from now. Oh, and I'm open to anyone's help on what I should be doing to help plan ahead.
You know I was in the same position when I was your age. Not in the same sence as with the log homes but other homes. I purchased my first home when I was 19 I'm now 27 and have done 11 homes (fixed and resold) have a few rentals and also own my own contracting business. You are never to young to start to plan for the future. It sounds like you probably have a passion for this and if that is the case then you will never work a day in your life. If you like what you do then it dosn't feel like work and you don't mind getting up and making the most of your day. The hardest part of your indeavor is not going to be how to accomplish your goals but rather having the determination to not listen to all of the nay-sayers and keep moving forward.
Go for it. If something has your interest don't let others defer you from your goals. At 16 I talked to a neighbor who was an engineer and loved what he was doing. I decided I wanted to be an engineer. I still love figuring out how things work and what happens when you do things to structures. I especially love the destructive testing. I have never regretted my decision and I have never had a career change. Most people can't say that.
My younger brother, who was 16, bought an apartment building, with the help of my father. My brother had saved his money from working to buy a car, but my dad convinced him that he should put the money into an apartment building, rent it out, and use the profit to buy a car. He did just that, and now, at age 18, he's got a small, steady income from his apartment building, and doesn't have to work at McDonald's like all of his friends. ;)Originally Posted by alk3allonblack
I would say, save your money now, and in a year or two, you can probably build something. Three years, if you don't work much. Just direct-deposit all of your paychecks into a savings account, and don't touch them, and in a few years, build a house. Then sell it, and you'll have a nice little profit for yourself, and you can pay for college, build another house, buy a car, or do whatever you want.
Right now, when you don't have any expenses or responsibilities is the best time to save your money and try some fun projects.
Don't let anyone talk you out of your dreams! Your not to young. I wish I had done a lot of things when I was younger. Now is the best time since you have little or no expenses and don't have a wife and family obligations that take up your time and money.
Blayne
Check the website. One member (Jerry Sargeant?) was 16
when he built a small log cabin. Skip & friends inspected it
and deemed it perfect.
I'm glad to hear you have the motivation to do something
like this. Keep up the enthusiasm and hold on to your dreams.
-Rick
Definitely not too young to plan your future. You are on the right track. I wish I had the foresight then. Now, I'm 33 and just gearing up for home ownership. I guess it could be worse, there's a lot more years between 33 and dead. :wink:
Have you taken the class yet? It really helps with the planning aspects as well.
30 years ago I could have bought as much land as I wanted for $800.00 an acre where I live. Most of it was available with owner financing to boot. That very same land today if there was any left would bring 20k or more per acre cash. Check out the numbers:
50 acres @ 800.00 = 40,000.00
50 acres @ 25000.00=1,250,000.00
Don't wait to buy real estate, buy real estate and wait.
You're never too young to start planning for your future and your dreams!
I had the same dream when I was in my teens but I, like a dingbat, decided to listen to everyone else rather than myself. If I could turn back the time, I would begin building my dreams while I was still in high school and not just be starting now at 32.
Annie
I had a dream and a goal at your age and I let myself get side-tracked. I would tell you to follow your dreams and goals and don't let anybody tell you different! Be smart about it and learn from good people like Ellsworth and Steve and Richard Rock who have been there and done that. Whatever you decide to do, don't let the naysayers and negative people deter you from your goal like I did. GO FOR IT!!!
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