"100% of people who do not save money do not have any!"--Dave Ramsey

[Xist]

A strict landlord allowed a mobile home to fall into terrible condition?

[freebeard]

Originally Posted by Xist

I have looked at rundown mobile homes before and thought it was perfect for demolishing. I could buy the property for the cost of a lot and it comes with connections!

I think that's the best best. $40K lot, $40K dome; free energy.

[freebeard]

Originally Posted by Xist

I have looked at rundown mobile homes before and thought it was perfect for demolishing. I could buy the property for the cost of a lot and it comes with connections!

I think that's the best best. $40K lot, $40K dome; free energy.

There's a single-wide tear down going on down the lane from me. The bare frame (pretty straight) is $15-2500. Good foundation if you it want to be mobile.

edit:
I ran some numbers a while back with the Summit Structures sales guy. IIRC, a 10x24 tiny house shell was such that a $8-10K utility pod and an Ikea kithcen and bath could cost $28K.

There is another rent-to-buy shed factory down the street turning out 40ft units.

[Xist]

Whenever I need to do maintenance or repairs on my cars people always tell me to buy a new Dodge and get a loan.

I always want to ask "What did I ever do to you?!"

There aren't any domestic vehicles in this list:

1. 2023 Mitsubishi Mirage ES: $17,600
2. 2023 Kia Rio LX: $17,645
3. 2022 Hyundai Accent SE: $17,740
4. 2023 Nissan Versa S: $18,425
5. 2023 Kia Forte LX: $20,585
6. 2023 Hyundai Venue SE: $20,795
7. 2022 Nissan Sentra S: $21,045
8. 2023 Kia Soul LX: $21,085
9. 2023 Hyundai Elantra SE: $21,545
10. 2023 Subaru Impreza: $22,115

Cars.com: Here Are the 10 Cheapest New Cars You Can Buy Right Now

Eight Korean vehicles by two related companies, two Nissans, and a Subaru.

I am waiting to be impressed, but the Forte looks all right.

The first "Domestic" vehicle on this list was a Malibu at #14 at $26,95.
The discontinued Bolt is #20 at $28,713.
Truecar: [20] Cheapest Cars

Hyundai says a basic white Venue without any options would cost $20,985, although it only shows 2 within 150 miles, and the cheaper one is $21,340, 162 miles away!

Fantastic.

Any color I want as long as it is black.

Effective 5/2/2023 - 5/31/2023 Special Low 2.9% APR (up to 36 months) at $29 per $1,000 financed for qualified buyers. Special Low 2.9% APR (up to 48 months) at $22 per $1,000 financed for qualified buyers.

However, I could not find any option to get 2.9%--or a 36-month loan, not even when I claimed to have a $100,000 trade-in and over $17,000 down.

With $2,000 down, excellent credit, a $500 Veteran bonus, and someone's name and e-mail address [selecting "spam me"], and $545 of mudflaps, floor mats, and a cargo liner, it says $490.48 a month.

[Xist]

I shared here that Dave says that instead of making payments (if you could even qualify without a credit history), just use the down payment and buy the best car you can.

You should be able to get a car that runs and drives for $2,000, but I cannot find a single 1996-2000 Civic on Craigslist. I didn't find any Corollas or Camries, either. When I widened it to any Toyota 196 or later I found this: 2000 Toyota Sienna minivan free canoe and Thule roof bar with purchase for $1,000.

Grab a square-nosed shovel, drive it to the dump, shovel out the back, and drive to a car wash.

Maybe you can get something for the roof rack and the canoe.

It would make the wrong kind of boat tail.

The best Accord I found was this 2000: 2000 Honda Accord - $1,800

I sure hope the Sienna gets worse fuel economy and it is a weird 2-seater, but the Accord is salvage--not restored salvage, just salvage.
As I recall, those aren't legal to drive.

I had one, while I restored it.

Passenger rear window does not roll down, driver side door key hole is jammed only able to be unlocked from passenger side. Needs a new battery

Maybe there are other vehicles for $2,000 or less, but you should still be able to find something.

Then Dave would have you put that $490.48 payment in the bank and in 5-6 months you would have another $2,000.

Sell your beater for what you paid and buy a $4,000 car.

Here is a 2008 Toyota Prius with 190,000 for $3,900

After that I would say invest the rest, but Dave said to keep saving and then say sell your $4,000 car and with another $4,000 you saved in 8-9 months you buy an $8,000 car. Repeat until you can pay cash for a new car.

[redpoint5]

Why are you looking for more cars. You can still only drive one at a time.

[Xist]

That is what Dave says about buying a car, but don't buy a tiny house because they don't appreciate like a full-sized one.

Well, If you can put $10,000 a year into savings while renting, why couldn't you build a $10,000 tiny house in a year and then add your $10,000 savings to what you would have paid in rent.

I don't have any idea how large a tiny house you can build for $10,000, but this couple built a 4x8 one for $1,800.

I absolutely would not recommend a 32-square-foot tiny house and I expected much more than this:

https://www.youtube.com/watch?v=q9-QhAwM4og

However, why couldn't one build a tiny house, live in it while building successively larger tiny houses until you can afford a full-sized one?

They don't appreciate, but you are not paying rent, either.

[Piotrsko]

When buying speculative things for (possible) profit/resale you absolutely have to look at whether or not you can sell it for a profit in the future. A 32 sq ft house shouldn't have much resale value, very limited market.

Guy down the street bought a $300,000 500 sqft shack across from the river and is remodeling it into a Mc mansion while living in it. Might help that he's an architect and has friends in all the trades. I figure he will make a bit of profit.

[freebeard]

It's difficult to assign blame when fires go out of control. They are a natural occurrence in nature and typically happen frequently enough to make them relatively tame. Now that we disallow fires to burn, we've increased the severity when they do. AGW zealots would say global warming is to blame, and therefore Big Oil is 2000% responsible, plus offer the CEOs scalps to the tribe.

[bot-like typing detected]

Nevermind

[redpoint5]

Originally Posted by Xist

Well, If you can put $10,000 a year into savings while renting, why couldn't you build a $10,000 tiny house in a year and then add your $10,000 savings to what you would have paid in rent.

...why couldn't one build a tiny house, live in it while building successively larger tiny houses until you can afford a full-sized one?

Nobody is building a tiny house for only $10k. $10k is enough of a down payment for a VA mortgage.

Reiterating dwelling units on a non-appreciating asset (also known as a liability) is the definition of inefficiency.

You build a tiny house because that's the type of house you want to live in; not as a way to own a large house.

Living with mom is how one saves money