I have been a home-based business owner for the past 10+ years, and in that time I have grown into the role of a business owner in my community as well as my own personal life. This is what I consider family business ownership to be, so I wanted to share my thoughts on the subject.
It’s a very difficult thing to do for the first few years. After all, most of us have never been out of our own home, or in a large apartment complex, let alone run a business. There are multiple financial factors that are worth considering.
The only time I’ve ever heard people say that building your own home is a bad idea is when you’re working on buying furniture that has been there for a while. I’ll also point out that many people do not believe in building their own home, but only the “home-maker.” While I’ve done a lot of house buying, I’ve also done a lot of other things that have grown out of the house.
I was talking to a friend recently who said that he was planning on buying a house in the next year and he was really nervous about it. A couple of reasons might be, he doesnt know what he wants or he doesnt have the money. My suggestion to him was to consider what he wants and what he does not want. How many people need to be told what they want, and how many people get to say that they dont want it.
Like many people, my husband has a long list of things he doesnt want. The list is a lot longer than that list of things he doesnt want. We don’t usually talk about those things unless we are being pressed for time. My suggestion to him was to put them off until he is good and ready. Of course, the people that need to be told what they want are typically already prepared, which is why people who are ready tend to buy houses.
This is a good point. I have a bunch of stuff on my own list that I dont want to do. I have friends who are starting up families, so I tell them “youd be better off if you just forget about all this stuff for a while.” Of course, they dont listen but I dont tell them to forget about it. They are in a better position to look at the whole thing.
Like most people, most people do feel like they know what they want before they buy a house. The difference being that people who have thought about it know it the same way that they know what they want, while those who are just buying a house are still trying to figure it out, because it might not be quite so easy. The point I wanted to make is that the same thing applies to buying a home.
There is a whole lot more to the process of buying a house than getting a mortgage. There is the financial side, like putting down a down payment, and then there is the emotional side. There is the emotional side because the home that you buy is a part of you. There is the emotional side because it might be something that you don’t want.
For instance, I thought I would buy a house because it was a place I would want to be, but after one visit to a real estate agent, I realized I wouldn’t be moving into that house. The house that I am now buying is a place that I would actually like to be. I think that is a lesson for everyone.
What we are doing is buying a house because that is a place that we want to be. There is no guarantee that you will want to be in the same space you live in, but we are buying a house because that is a place that we want to be. You might not even realize that you like it yet, but you are buying a house because you want to be in that space.