If you had to live in it…for at least a year?
Welcome to the gentrification capital…and to another one of my hair-brained schemes!
As you all know, we are in the thick of locating and buying our first home. I desperately want to remove myself from the once desolate, now thriving, downtown scene because I feel crowded. But, I want to make good choices for our future in the process.
A little home has recently come on to the market, and it is Ghetto adjacent. I don’t use the term ghetto lightly here. There is gang activity, open prostitution, and a very palpable sense of fear. BUT, the properties in this neighborhood are currently being bought out by affluent hipsters who want to live as close to the downtown scene as possible.
This home is listed for $25,000 under our approval max, so that leaves some room in the budget for renovations. Properties within .25 miles of this house have recently sold for 3x the amount of its listing price. That’s a solid chunk of change, and could afford us our country dream home…if we survive.
Just a little TLC!
I’m the dreamer and Derek is the
pessimist realist. He really does keep me grounded, and I already know his answer will be no. Silly Derek-worrying about rapists and murderers-while I stop to smell a rose that was probably fertilized by a hobo.
But what if?
What if we stuck it out for one more year, slapped some paint on the exterior, refinished the hardwoods, and landscaped the yard? What if we played a part in the revitalization of downtown and doubled to tripled our money while doing so?
I’m in y’all! I mean…what could go wrong???
Enter hilarious clip from The Money Pit
Seriously though…what would you do?