Asklemmy

I'm in the same boat. Bought a home in 2020. It's been a constant stream of fixes and updates and replacements. My mortgage payments are high enough. Now we're dumping thousands of dollars on flood prevention, evestrough replacement, random leaky pipes, furnace cleaning, deck refinishing, grass and landscaping. Wife and I both work full-time. We are dipping into savings to upkeep our home. I totally regret it. Should have bought a 2-3bed condo instead. At least we could plan for the monthly condo fees and not worry about sudden emergency fixes. I don't know. I hate it.

If you need to hire a tradesperson, find small companies, folks who work for themselves. We're WAY cheaper than the shops are and can usually a) make time for you and b) work with you on it all. Plus, we need the money more ;D

For real though, I just bought my first home a couple years back and I get it. There's a lot I don't know still. It'll be alright, just keep an eye out for water damage. And if something starts sparking, cut the breaker off and call someone. Pretty much anything up to that point can be handled with YouTube and Harbor Freight.

I understand this will sound crazy. I started running, a lot. A few half marathons per year. It's a juxtaposition of enjoying the benefits and hating the activity.

The biggest benefit is being able to handle more stress, and deal with the stress better, in general. I tell myself during the first mile (as it's the most difficult to start), "I am expanding my capacity to endurance stress and suffering" it's shifted the way I look at problems.

A recent example: I paid a contractor to build a wall to split a room, and to install new flooring on the floor. It looked nice. A year later, I encountered a problem in the bathroom that exposed a leak that's probably existed since the work was done. The bathroom is being torn apart and completely redone by me. I'm not thrilled, and was absolutely pissed at first, but it's subsided much faster than it used to. I can't afford to hire someone again, but I do have another bathroom to use during this process, so it can wait. It's shifted my perspective, and I'm seeing this now as "expanding a set of skills that can be useful again" instead of completely dreading it. Of course I prefer this didn't happen 😊 but wishing reality is different doesn't help anything.

I love owning a home but fuck it’s expensive. Learn how to do stuff yourself is the best advice I can give you.

I have saved so much money being able to troubleshoot and repair simple things like hvac, electrical, plumbing, woodworking, etc. YouTube is amazing for learning this stuff. A good example: I recently had to replace two hvac condenser fans that would have likely cost me a $1000 a pop to fix. It’s bad enough the motors themselves were $300 a pop. Plumbing is easy if you have the right tools (pex is awesome). Electrical can be pretty easy if you’re willing to learn (I was a computer engineer in college and a system architect by trade so I get the electrical stuff). Learn how to patch holes in drywall. You’d be surprised how much you’ll be doing that. Learn how to replace a faucet. Learn how to replace the inwards of a toilet.

The great thing about a fixer upper is you can afford to make mistakes. Take your time, don’t rush it. Make little improvements all the time. It all adds up.

Not easy but have enough surplus to cover those things.

Also try to remember all the mortgage you're paying you'll most likely get back when you sell, unlike when you rent.

Is this a typical feeling? I've been planning to buy a home soon....