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Radical Personal Finance

269-Why We Sold Our House and Moved Into a Rental Apartment!

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Finance, Retirement, Insurance, Business, Money, Education, Self-improvement, Financial, Independence, Growth, Advice, Investing, Family, Personal, Radical, Christian, Faith

4.41.9K Ratings

🗓️ 9 December 2015

⏱️ 64 minutes

🧾️ Download transcript

Summary

This past Friday we closed on the sale of our house. We owned it for just under three years. When we bought it we had intended to own it for 40 years.

Why did we sell?

The full story is here in this episode of the show!

Check it out and learn from our successes and our failures!

Joshua

Transcript

Click on a timestamp to play from that location

0:00.0

As I have record today's show, I am sitting here in the office in my rental apartment,

0:07.0

thrilled with the fact that the house that my wife and I have owned for the past two years and 11 months, has now sold, and we are no longer

0:15.4

homeowners.

0:16.4

Now why would somebody with a personal finance podcast who presumes to teach others about finance

0:21.1

be happy about the fact that they've given up on the American dream and moved

0:26.6

from home ownership, living in a nice fancy house, to moving into a fairly basic rented apartment.

0:35.0

Well, today I'm going to tell you that story in hopes that you can draw some lessons that may

0:38.5

be applicable to your situation. Welcome to the Radical Personal Finance Podcast. My name is Joshua Sheets and I'm your

1:00.3

host. Thank you for being with me today. Thank you to those of you who have been with me through this whole saga.

1:06.0

I'm going to be sharing this show as a standalone resource and story that will be especially helpful for new listeners.

1:14.0

Some of the content will be very familiar with longtime listeners because many of you

1:19.0

have walked with me through this whole process. Throughout the course of radical personal finance I have tried to bring together a blend of instruction

1:35.3

teaching you about topics and things that are interesting with also a little bit of personal

1:39.3

story and try to gain some lessons and share a little bit of my life with you without making the show simply about me.

1:45.0

And today, however, that's going to be a little different because it's going to be all about me.

1:49.0

Or it's at the very least going to be all about my story.

1:52.0

This past Friday we

1:54.1

actually closed on the sale of our house and I posted a picture on my social

1:57.9

media accounts of two images that I fused together. One was the picture of my wife and me standing in front of the house on the day that we bought it on

2:06.8

Closing day December 31, 2012 and the other was a picture of us on Friday morning standing in front of the

2:15.7

commercial office building where we signed the closing paperwork for the sale of

2:19.2

our house two years and basically two years and 11 months and about two days or three days later.

...

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