[Berto]

Prices seem to be peaking now in my locale, not sure what it looks like in NM...but as cheap monthly expense exclusively, the trailer works. But as an investment, house.

 

[CDR_Glock]

How “hot” is the real estate market? If it’s hot then the house is a better option.

A trailer depreciates, a house can appreciate if it’s in a good school system.

If you’re only planning to stay in there for 6 years, you have to take into account the taxes, cost of selling and buying the house (closing costs), insurance, utilities, and maintenance/repairs.

Also look at “Days on the market” in your area, too, for the price point of houses in that price point.

 

[G30SF/F-250]

Any new info on the house hunt?

 

[ede]

Closing planned for 22nd November. Small 3 bed 1 bath concrete block with metal roof and small garage on .4 acre lot in Fritch Texas. Plan to be there little over 5 years but that's a stretch for me, I've managed 39 months on two jobs since 93. It'll be a huge lifestyle change to not be looking and applying for jobs and doing interviews. I'll make it official tomorrow I'm quitting on the 5th of November.
I bought washer and dryer last Friday and have a small storage unit in Borger I put them in along with few things I have with me in NM. I'll go home for a week and bring back some of my travel furniture plus work bench and tool boxes for gun room.
I start new job the 16th. Hope it goes as well as I'm thinking it will. I sure want out of here.

Ron White mentions Fritch in his They Call Me Tater Salad bit.

 

[MikeG22]

congrats! hope it all works out!

 

[Rinspeed]

Best of luck to you.

 

[G30SF/F-250]

Great news!

Sounds like a good place and a great plan! :wavey:

 

[Flags]

I'm happy for you. Hope it goes well!

 

[yellolab]

So you are buying an investment. The house for sure, not even a question. Come time to sell it, your market will be much larger than for a trailer- hence your return much higher.

 

[G26-Has-my-6]

Excellent news. Good choice to get a house. Everyone knows the tornados seek out trailer parks...

 

[ede]

Buying to avoid paying rent, not so much an investment.