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madonnashere

Sell the house to Skydive - would you?!?!

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Might be good to get through AFF before you think of selling your house.
I think it would pretty safe to say that most jumpers you meet will be living in a house, if not a van and working at the dz. Sell your car or your kids or something first, then see how things are going for you.
Good luck though, you have the right attitude, Might be a bit ahead of yourself though.


.Karnage Krew Gear Store
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I would sell the house, but not to go skydiving. If it's value has tripled I would take the money and run. I think maybe downsizing would be in order, but I certainly would not give up a descent home and the creature comforts that go with it.
I would find a job somewhere close to my DZ of choice, buy a smaller, less expensive house cash, and skydive on my days off.
I certainly wouldn't give up all of the things I have valued for so long.
San Diego is expensive. I'm sure you can find a beautiful home for a fraction of the price elswhere in the country.
Play stupid games, win stupid prizes!



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If we sell our house, which has tripled in value in the 3 years we have owned it. Move to AZ and pay cash for a house, we could buy a small motor home and take 6 months to a year off, touring the country checking out the drop zones



Everyone seems to have missed this bit.
they're talking about relocating and taking some time off not, ditching everything altogether.

Go for it, the only thing stopping me doing somthing similar is my WIFE:D:D:D
You are not now, nor will you ever be, good enough to not die in this sport (Sparky)
My Life ROCKS!
How's yours doing?

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Sell the house to Skydive - would you?!?!



Definitely NO! :o

And I'm saying that while being one of the most "hooked" newbies you can imagine. When I started skydiving it absolutely blew my mind, and I (and most people here) can relate to you so much B|. Thankfully I got a good job so I was able to do more than 500 jumps in less than 2 years, but if I hadn't, I definitely wouldn't sell my belongings to pay for my addiction.

I'm not saying "don't live your dream", of course you should, but like many people already said: Do it with a sound mind, without endorphines interfering with your reasoning. Think about all the implications and if the positive really outweighs the negative for you. And don't rush it!

As a couple you will probably be able to make a decent number of jumps and gain some experience without quitting on all you've build up so far.

Have fun & be safe :D

Ich betrachte die Religion als Krankheit, als Quelle unnennbaren Elends für die menschliche Rasse.
(Bertrand Russell, engl. Philosoph, 1872-1970)

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Are we crazy?



***

In a word....YES!:S


You might think long and hard before
selling your place in Sandy Eggo...

I have no doubt your place has tripled in value,
and trust me...it's going to keep going up!

The downside of selling it is that once you
leave southern California...
it's all but impossible to get back there!

The property values continue to rocket,
a couple years from now the profit you made by selling what you have...
wouldn't get you into something half a good!

Believe me...I KNOW![:/]


We left there 5 years ago...:(

The equity in a dumpy OB condo,
~BUYS~
a 3900sqft designer home on an acre in the
woods here in Houston.
(Yuppie suburb actually)

Clean...Nice...Safe...Good Schools,
2 turbine DZ's 1/2 hour away...;)

BUT!

It's not San Diego!!!:)
Our place has gone up >5% in five years
(thanks Enron!)>:(

And since we now realize the error of our ways,
have been looking to move back there...

But for some reason..
1/2 million for a tract house
in the Cajon zone just isn't appealing!:o

How about RENTING your home out?
(not to me!):ph34r:

Re-Fi with a 30 year to lower the payments,
Pull a chunk of the equity out for:

"Bummin' around money":)
and jump your butts off....B|

In a few years, you still have your homestead..
(and the deductions)
...someone else has been
paying the note...:D

and it's gone up ANOTHER 3 times! B|










~ If you choke a Smurf, what color does it turn? ~

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I love a saying of Kate Coopers... Unill you've been jumping for 10 years you are just a tourist.

Its so true... look around the DZ to see how many people have been there for 10 years. Only one of my JM's from '99 is still around and jumping.



Why do you suppose that is?:S $$, time, injuries, burnout?





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Probally the best thing to do. I love the concept of having another person pay my bills. There is some expense in renting out a home, but in the long run it pays off.

Why else would so many companies do it.


I have been thinking more and more about what I'm going to do now that I am done with school... and in the next five years I hope to own a home and have someone else pay for it :D
~D
Where troubles melt like lemon drops Away above the chimney tops That's where you'll find me.
Swooping is taking one last poke at the bear before escaping it's cave - davelepka

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Funny, I was thinking about doing something very similar to selling the house in order pay cash for a house near a drop zone.:)
Skydivers don't knock on Death's door. They ring the bell and runaway... It really pisses him off.
-The World Famous Tink. (I never heard of you either!!)
AA #2069 ASA#33 POPS#8808 Swooo 1717

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I sold my house at the begining of this year to do something similar ...and sure the cash is running out now and the thought of going back to 'real life' sucks... but would I change my mind if I could do it again???...

No Way!! B| I've had the best year ever, met great people, seen some fantastic places and improved my skydiving into the deal! I say go for it! Like previous posts have said... do some more jumps first, don't leave yourselves with nothing to go back to... and prepare for a great time!:)


Don't sweat the petty things... and don't pet the sweaty things!

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I mentioned to my husband to get a 5 year interest only loan to get the payment down really low and rent out the house. That way we would not give up our SoCal real estate until we are sure we do not want to live here. He says he wants to leave and not come back, I am not so sure he really means it.

We have a 5-6bdr 2bth in the golden triangle area of San Diego that we should have no trouble keeping rented. We would only be about 6 hrs away so we can keep an eye on it. Plus all of my inlaws live here. If we decide to go that route I will let you know.:) When did you want to come back to SD?

The insurance point alot of you keep making is really a good advice. Checked into it and we can keep my husbands insurance with cobra for 18 months at a pretty good price. By then we will be back into the real world again.

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Its so true... look around the DZ to see how many people have been there for 10 years. Only one of my JM's from '99 is still around and jumping.



hmmm, what dz are you talking about and how many years has it been operating??

I made my first jump in summer of 87-:P:)
wow,....17 yrs. in the sport. Raised 2 sons and jumped recreationally....100 a year until 500th. then slacked off big time. Logged 1375 beauties in 17 yrs.
If I sold my house and made those jumps in 1 or 2 yrs., I may not still be jumping today.... Now, our son's are gone we are finally ready to really- let loose and go for it:PB|:)
I look around my d.z. (25 yrs. old) and see both dz operators still jumping, flying aircraft, doing aff, tandem, and video jumps & operating their d.z.
I have watched their son grow to become top notch in the sport.

A dozen or more of those I started with are still jumping, with about 15 that were there when I started- still jumping, atleast 10 over 10,000 jump level- 4 of my instructors are still jumping- including my tandem master..........along with all the "tourists."

Seems to me those "tourists" that get in the sport now and log over 5000 in 5 years.. burn out.

SMiles;)

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DZ has been open for 44 years. DZO is up ot about 15000+ jumps now.

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I look around my d.z. (25 yrs. old) and see both dz operators still jumping, flying aircraft, doing aff, tandem, and video jumps & operating their d.z.
I have watched their son grow to become top notch in the sport.



How many instructors have came in gone in that time? How many jumpers that had more then 100 jumps are no where to be found?
Yesterday is history
And tomorrow is a mystery

Parachutemanuals.com

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A funny story....Kathy...who used to own Skydive Indiana way back in the day...one of my first instructors....I saw her at the SDC Christmas party. All of my instructors are still jumping (well, as of this past summer at least.) A few are no longer instructing (due to the lack of SL dzs, and one had an non-skydiving related injury.) I was going to jump with most of them at Richmond for the boogie, but I had that silly cutaway.
There's a thin line between Saturday night and Sunday morning

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My husband and I just got bit by the sky diving bug. He has 3 jumps and starting his AFF. I have 2 jumps and will start AFF soon.

We currently have to work very hard to cover our San Diego mortgage along with the other high costs of living in beautiful sunny California.

If we sell our house, which has tripled in value in the 3 years we have owned it. Move to AZ and pay cash for a house, we could buy a small motor home and take 6 months to a year off, touring the country checking out the drop zones.

Are we crazy?:S

Have any of you taken these kinds of steps to support your sky diving habit?

Or are we just completly out of our minds?:P



There are a lot of good ideas on here so as not to lose the asset that will make you money faster than about any other investment. But, before you make such a radical decision just for skydiving, make sure you guys really like it. To do that, I'd either find a way to pinch some pennies or maybe do a refi. If there are other reasons, that's cool, but it's really too early in your skydiving careers to know if you really love it.
chopchop
gotta go... Plaything needs a spanking..

Lotsa Pictures

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