Renovation vs. Rebuild - Carl is Building a New House | MHFI 303 | Mile High FI Podcast

Описание: Doug chats with Carl & Rusty about each of their adventures with housing projects and renovations. Carl details his current project of tearing down a "Frank Lloyd Wrong house" and building one from scratch while sharing insights into his motivations, costs, and specific financing strategies.  Rusty shares his experience renovating two homes and the strategic use of a line of credit.  Additionally, they delve into considerations of downsizing and the potential of owning second homes.

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Links
Email Rusty: [email protected]

Carl Jensen/1500 Days to Freedom
https://www.1500days.com/

Leif Dahleen (Physician on FIRE) on MHFI episode 112
https://milehighfi.com/podcast/112-ph...

Buy, Borrow, Die discussion on MHFI episode 252
https://milehighfi.com/podcast/252-ru...

Mindy & Carl on Ramit Sethi’s “I Will Teach You To Be Rich”
https://www.iwillteachyoutoberich.com...

Philosophy & ethics discussion on MHFI episode 298
https://milehighfi.com/podcast/298-ru...

MHFI Facebook group
https://milehighfi.com/facebook

Doug’s site
https://dougcunnington.com/

Producer Chris's blog, Epic Financial Journey
https://www.epicfinancialjourney.com/

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0:00 Introduction
1:31 Carl's home building journey
8:10 Unique systems & building challenges
15:41 Financing with the Buy, Borrow, Die Strategy
24:09 Rusty's renovation stories
30:25 Balancing joy & investment
38:58 Downsizing dilemmas
44:03 Different places in different stages of life
51:46 Second homes
59:24 Soundcheck - Taco Bell