So many of our friends have asked, “Why are you selling your house?”.
As some of you many know, I share everything in my life on social media – the good, the not-so-good, and everything in between. Some of it isn’t always easy to share, but I know those are the exact things I NEED to share to let people who are struggling know they are not alone, and there’s always a way to overcome.
When we first bought our home in October of 2015, my husband and I were both working from home as Beachbody coaches. We were making great income, and our goal was to buy our dream home on a golf course and live a lavish life simply because “we could”…
Our Beachbody income was trending upward, and we found a home that could be our dream home. Since we already owned another house back in our hometown, we knew we’d have to use the money we had in savings and pay off one of our vehicles (to lower debt to income ratio) to purchase this home, but as I said…our income was trending upward each year, so this was completely doable. Looking back, this wasn’t the smartest decision. It was a decision made from emotion and WANT. Never count your chickens before they hatch.
After we purchased our house, we updated, redecorated, and made our house a home. Soon after, we saw our Beachbody income start to decline in the beginning of 2016, and I started to panic. Beachbody was our only source of income. Nick and I started discussing a Plan B – Real Estate, which is something Nick always wanted to pursue. In April of 2016, and we both got licensed and built a very successful real estate business within the past year and 1/2. Within that time frame, I quit Beachbody AND started a new home based business. So many changes!!!
Amidst all of these changes, Nick and I started feeling our goals and what we wanted in life start to shift as well. This house is way more house than we felt we needed. We started feeling like more STUFF meant more stress. The more you have, the harder you have to work to keep up with your lifestyle, and that meant less time spent with family. And, now that I’m in my thirties, I feel like material things mean less to me, and experiences with the people I love the most mean more. I’d rather live a less lavish life and save more money rather than spend more and have more.
Your life is only as rich as the loving relationships you have and the time you spend actually experiencing what life has to offer…
The Final Straw:
Hurricane Irma hit. Real estate took a HUGE hit since our city was labeled a “disaster area”, and it took a couple of months to recover (whole story and what we went through HERE). The residual $2,000-2,300 per month my 7-month-young brand new business was generating was literally the only thing keeping us afloat, and that didn’t even cover the mortgage of this huge house. That’s when we realized this home was more stress than it was worth.
So, our New Goals:
Sell both of the homes we own, use the equity from both to purchase a new home – still a nice home, but with a lower mortgage. After these past few months, I feel a sense of relief just thinking about a lower mortgage! 😉 We want to be mortgage free ASAP. We want to save more, invest in real estate, accumulate less material THINGS, experience life, and be the best parents we can be.
I feel like everything we’ve gone through is just the journey of LIFE and self-discovery. You live, you make mistakes, and you learn from them. You learn what is important. I hope sharing our journey inspires you to take a look at your life and what is truly important to you.
xo – Lindsey
Disclaimer: Since our home based business income results are not typical since we treat our business like a REAL business, and many who join simply do not – “There are no guarantees for success in our business. As with all business endeavors, success requires good market conditions plus a lot of hard work. The average participants in our business earns between $500 and $2,000 per year. These estimates do not include the costs incurred in building a DC business.” Success is based on the efforts YOU put in to build your business.