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I now remember why I hate moving!

As a lot of you know, we recently bought an investment property for myself and my family to live in and fix upover the next year. I also got a reminder from my wife today that I said something 2 years ago when I moved.

"If we ever do this again, remind me to hire movers! THIS SUCKS!"

My back hurts, I feel I'm getting nothing done in real estate, and every time I turn around I swear there is a new box that wasn't there a minute it ago. Full of stuff that I have never seen before in my life. It is like I've gone to someone else's garage sale, but they put it up in my living room.

At the rate is going, I'm worried I'm going to open another box and find a neighbor kid that we may have accidentally packed trying to rush things. The only screams I've heard are my own kids, asking are we done yet?

I don't think it really would have changed things had we hired movers, since the part I am hating is not having a living room, phone, internet or everything that I learned I need to survive. I think I may have even scared the neighbor when my son left the door open tonight. He saw the piles of everything and I pretty sure ran as fast as he could back to his place, in fear that he may become just another missing persons report.

Calgon take me away!

 

 

Creative Financing

Todd Clark - broker
Kastings & Associates
(503)524-9494
Todd@IFoundYourNewHome.com
www.IFoundYourNewHome.com

 


Todd Clark (Broker/Owner)
The Friendly Home Team
Realty Pro, Oregon LLC
Todd@IFoundYourNewHome.com
Phone: (503)524-9494
Fax: (503)746-9573

 

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 I am a licensed Realtor who specializes in Washington County, Oregon and also work in both Clackamas and Multnomah Counties including the cities of Aloha, Beaverton, Canby, Clackamas, Gladstone, Gresham, Happy Valley, Hillsboro, Milwaukie, Oregon City, Sherwood and Tigard. All information contained in these posts are copyrighted and cannot be used without prior written approval authorization from the author me Todd Clark. If you are looking for an outstanding agent please give me a call I would love to help you with all your real estate needs.

 

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Comment balloon 14 commentsThe Friendly Home Team • July 26 2007 02:15PM

Comments

I shudder at the thought.  Maybe when it is time to move we'll just pack our clothes and sell the house furnished.  I think my garage will take a fleet of movers to deal with... I have HEAVY hobbies. 

BTW, two years in the investment house would save you on taxes for the gain... 

Posted by Lane Bailey, Realtor & Car Guy (Century 21 Results Realty) over 10 years ago
I hate moving.  I agree lane.  stay the two years if there is going to be a Good Gain. 
Posted by Marcus Valdez (Berkshire Hathaway Rocky Mountain Realtors) over 10 years ago

Lane,

Thank you for you concern on the Tax gain, but I do lease options and that keeps the property in my name for two years beyond the one year mark. Completely avoiding the capital gains, then I will do a 1031 in to the new property.

Posted by The Friendly Home Team, Brokers - Oregon / SW Washington Real Estate (Realty Pro Oregon, LLC) over 10 years ago
Moving is always painful, unless your moving to the Caribbean.  I have had my fair share in moving out of college many years back.  It is always amazing what you find... 
Posted by Provadus Home Loans, Technology bringing you home. (Provadus Home Loans) over 10 years ago
Todd...are you ready to move again??????  :)  We have investment property too, our daughter and her finance rent it from us.  When they move out we plan on moving in and living there a minimum of two years to avoid the capital gains tax.
Posted by Mary Warren over 10 years ago
NO I AM NOT READY TO MOVE AGAIN MARY!!!!
Posted by The Friendly Home Team, Brokers - Oregon / SW Washington Real Estate (Realty Pro Oregon, LLC) over 10 years ago
Thank you everyone for your comments and your concerns, I think we have that figured out for the most part with the 1031 and the lease option.
Posted by The Friendly Home Team, Brokers - Oregon / SW Washington Real Estate (Realty Pro Oregon, LLC) over 10 years ago
why would you 1031 that little of an amount.  I would just pay the man and take the cash.  i only 1031 if the amount of sheltered cash is over 100k or so.
Posted by Marcus Valdez (Berkshire Hathaway Rocky Mountain Realtors) over 10 years ago

Marcus,

First, I hate giving any of my money away. The second is I keep my real estate income and my investment income seperate. So any profits I make, go back into future investment properties. So the 1031 protects as much of that money as possible.

Todd

Posted by The Friendly Home Team, Brokers - Oregon / SW Washington Real Estate (Realty Pro Oregon, LLC) over 10 years ago
How many investments do you have right now?  Real Estate only?
Posted by Marcus Valdez (Berkshire Hathaway Rocky Mountain Realtors) over 10 years ago
Presently holding two and working on the third as we speak.
Posted by The Friendly Home Team, Brokers - Oregon / SW Washington Real Estate (Realty Pro Oregon, LLC) over 10 years ago
Cool.  I can understand your desire to not give any money away.  I guess i have learned for myself and not speaking for you in anyway that i am ok with leaving change on the table from time to time if it gets me to my big goal.  I would also never 1031 such a small amount if the cost of the 1031 was close to the cost of the taxes i would pick taxes all the time.  Bird in hand has always been better to me.  Once you get to a point where your 1031's are larger and you have to spend them you may find like i have that it is hard to find something good on such a short fuse.
Posted by Marcus Valdez (Berkshire Hathaway Rocky Mountain Realtors) over 10 years ago

Dana WardProbably 99% of all people agree with you. Isn't it so true that most people use the following factors to decide to hire professional movers or D.I.Y. - TIME or MONEY. At any given time, most of us have more of one than the other on-hand, and if it happens to be TIME (or maybe even stubbornness), we decide to DIY and feel the lower back pain the next day. :)

Lane had a good idea, just sell the house furnished - leave the buyers with the headache! :) Love it!

Posted by Dana Ward (Marathon Moving & Delivery LLC) over 8 years ago

Two things:

1. Try hiring a few local teens to help pack up - ask them to wrap each China plate, for example, in newspaper, etc. You can pay them a little cash and they'll be thrilled (win/win). They can also help with making a big pile of items to purge - donate or sell on Craigslist.

2. Another thing that has worked for me when I am helping buyers - we ask the homeowner if they'd be willing to sell large items such as a weight machine or treadmill , pooltable, kayak... any large item that would cost the seller so much to move that he/she would be happy to leave it behind. It has worked in the past! Cheers!

Posted by Ellie Shorb, Realtor DC, MD & VA Luxury Home Expert (Compass Real Estate) about 8 years ago

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