Full time RV Living for a newbie
Im planning on selling my house, car, and everything else, buying some sort of RV or travel trailer and spending the next foreseeable future on the road. only problem is I have no experience in this a...
Forum Discussion
ksg5000 wrote:
Your house appreciates in value - your RV depreciates in value. A typical new RV depreciates about 50 percent in less than 10 years. My house appreciates most years.
RV's are nice ..... selling your house to buy an RV is a crappy idea!!!
You can do both. I think most full timers have an "exit plan" in which they buy a house again after they're done full timing.
However, unless you're cash flush, I'd recommend saving the money from your house sale instead of using all or most of it to buy an RV.
In our case, we bought our "full time RV" several years before we started full timing.
Yes, "RV's are nice" but full timing is much much more than just the RV you're riding around in.
