Exit Stratagy
As we anticipate spending a segment of our retirement traveling around in some sort of an RV, I am beginning to wonder how many people have planned an exit strategy and if so how, has it been working ...
Forum Discussion
Right off the bat my plan was pay cash for the MH, IMHO that takes all the worry of what if off your plate making an exit plan much easier financially.
The height of the real estate market crash while I was in Florida is what changed my time frame for my exit plan.
I just could not pass up looking at and ultimately buying a fantastic, unbelievably nice house in foreclosure. Paid cash so no payments there either.
Heck I was spending more than half a year down here anyway and paying a substantial amount of my retirement money on CG fees. Certainly no investment there! So now I have 2 acre parking site for my MH, no CG fees and a nice house for me. AND I don't have to worry about MH payments so I am keeping the MH so I can still hit the road whenever I please. :C
The height of the real estate market crash while I was in Florida is what changed my time frame for my exit plan.
I just could not pass up looking at and ultimately buying a fantastic, unbelievably nice house in foreclosure. Paid cash so no payments there either.
Heck I was spending more than half a year down here anyway and paying a substantial amount of my retirement money on CG fees. Certainly no investment there! So now I have 2 acre parking site for my MH, no CG fees and a nice house for me. AND I don't have to worry about MH payments so I am keeping the MH so I can still hit the road whenever I please. :C
