Another tip for old-house buyer: don't knock down all the interior walls. It's quite fashionable to have 1 big space with an open kitchen and a lounge area, etc, but the heating... my god. I bought an old house and am living in it for 1.5 years now. I thought about knocking 1 wall down to have a big living room, but I'm glad I didn't. I can comfortably heat up the livingroom with my wood/coal fire and it doesn't break the bank. I totally agree to first live in the house for a few years before you start doing big renovations. Once you know how much it cost to heat up the livingroom and you can afford the extra cost of a bigger livingroom, then you can knock down a few walls. Also, the price of houses can go down, but this is more in the higher-echelon market (>€700K). In the lower bracket (
Bought first house at 21. Was put threw hell with bank over charging, put me in arrears. No matter what happens. The family dwelling is protected under constitution. Stop paying other peoples mortgages, get yourself secure in your own dwelling. Thanks to you Maggie. Have found dream cottage in sligo.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too,
investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $486k in the last six month. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently….
Jenny Pamogas Canaya is my Advisor. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online. I usually trade in accordance with her strategy.
Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.......
Like you, I had no real house fixing skills when I was in my 20's. So, with the landlord's permission, I would paint, fix windows, fix holes in' walls, etc. I'd look up how to do it, and just have a go. The landlords loved it, and by the time I bought a house, I knew how to do a fair amount of stuff. But, you're right, don't do electric work or tree work. I know a guy who is in a wheel chair for the rest of his life because he thought he could fell a tree himself. What I'd say is fix the roof first, windows second. Keep the water out. Then insulate and make sure the heat works. Then start painting...
In addition to the things already mentioned, I've learned the following in my many years: 1) Be patient; most things don't have to be done right away. 2) Don't be too patient or you'll never get it done. 3) UA-cam shows you how to do the cosmetic stuff (like laying floor, resurfacing counters). 4) Nothing is ever perfect, so don't let your happiness rely on perfection. 5) Old properties don't have to look new, but improving your home will lift your spirits. 6) There are always ways around a lack of adequate storage. 7) Clashing loud colors and busy patterns can literally drive you crazy. 8) A good cleaning will make some things look like new. 9) The most environmentally sound improvement is sometimes keepoing what you already have; fads are fads, and everything old will be new again. 10) Formica and vinyl are gifts from God.
Yes! I wish planning was more supportive of traditional building techniques like cob. There aren't many derelict houses in our area that we can afford.
Hey Maggie. Love and am dangerously inspired by your videos! One thing I think a lot about is buying a derelict house that is not necessarily ready to live in and buying a mobile home or something more exotic like a yurt to live in while I put a new roof on the house etc. I feel that it might be a good solution in order to avoid getting a mortgage altogether. Do you have thoughts on this and would you consider making a video about ways to keep temporary roof over you hear while you fix up your fixer-upper?
You’re brilliant! I’ve been in the services for years, move every 2 or 3 years, so have only rented. It’s tough to figure how much I’ve paid to rent...paying other people’s mortgages! But, in my situation it doesn’t make sense to purchase. (You’d have to have a high tolerance for stress to rent all of these homes for all of these years.)
What kind of work do you do? Is it remote work? I'm curious. I'm low income too, so interested to see how you managed to make it work moving to the country.
I’m currently 18 and I want to be some a geologist and work on river and coastal management. I’m from England and want to move to Ireland. I really want to buy a small house/cottage that I can fix up myself with a good bit of land. I dream of having cats, a vegetable patch and a cosy home.
Wise advice, just go for it. Try and buy under budget if you can. It gives you a bit wiggle room if interest rates go up or something goes pear-shaped.
Speaking of carpentry, there are tons of helpful videos right here on UA-cam! Plus viewings of period homes (on this channel!) so that whatever you do will look appropriate.
My brother bought his house and land at 19! He's in his 40s now. Mortgage consultant said then that he had people in their 30s and 40s trying to get mortgages, no savings whatsoever etc. Now i honestly dont know how young people are managing to get mortgages (I'm talking mid to late 20s) with the price of everything!!
Another tip for old-house buyer: don't knock down all the interior walls. It's quite fashionable to have 1 big space with an open kitchen and a lounge area, etc, but the heating... my god. I bought an old house and am living in it for 1.5 years now. I thought about knocking 1 wall down to have a big living room, but I'm glad I didn't. I can comfortably heat up the livingroom with my wood/coal fire and it doesn't break the bank.
I totally agree to first live in the house for a few years before you start doing big renovations. Once you know how much it cost to heat up the livingroom and you can afford the extra cost of a bigger livingroom, then you can knock down a few walls.
Also, the price of houses can go down, but this is more in the higher-echelon market (>€700K). In the lower bracket (
Bought first house at 21. Was put threw hell with bank over charging, put me in arrears. No matter what happens. The family dwelling is protected under constitution. Stop paying other peoples mortgages, get yourself secure in your own dwelling. Thanks to you Maggie. Have found dream cottage in sligo.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too,
investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $486k in the last six month. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently….
wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio
Jenny Pamogas Canaya is my Advisor. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online. I usually trade in accordance with her strategy.
Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.......
Like you, I had no real house fixing skills when I was in my 20's. So, with the landlord's permission, I would paint, fix windows, fix holes in' walls, etc. I'd look up how to do it, and just have a go. The landlords loved it, and by the time I bought a house, I knew how to do a fair amount of stuff. But, you're right, don't do electric work or tree work. I know a guy who is in a wheel chair for the rest of his life because he thought he could fell a tree himself. What I'd say is fix the roof first, windows second. Keep the water out. Then insulate and make sure the heat works. Then start painting...
Love this Lady’s practical advise.
In addition to the things already mentioned, I've learned the following in my many years: 1) Be patient; most things don't have to be done right away. 2) Don't be too patient or you'll never get it done. 3) UA-cam shows you how to do the cosmetic stuff (like laying floor, resurfacing counters). 4) Nothing is ever perfect, so don't let your happiness rely on perfection. 5) Old properties don't have to look new, but improving your home will lift your spirits. 6) There are always ways around a lack of adequate storage. 7) Clashing loud colors and busy patterns can literally drive you crazy. 8) A good cleaning will make some things look like new. 9) The most environmentally sound improvement is sometimes keepoing what you already have; fads are fads, and everything old will be new again. 10) Formica and vinyl are gifts from God.
Yes! I wish planning was more supportive of traditional building techniques like cob. There aren't many derelict houses in our area that we can afford.
Thank you so much Maggie! I think I needed to hear that! I'm 27 so no even that young but the property market is scary at times. 🙏
Loved your tip on how much can actually be done yourself! You reminded me how the imperfections are what makes a house a home. Thank you! :)
Simply, thank you...
Love it Maggie,I get inspo from your sharing!Love the practical advice 💪🏻✨🌿 🏡
Hey Maggie. Love and am dangerously inspired by your videos! One thing I think a lot about is buying a derelict house that is not necessarily ready to live in and buying a mobile home or something more exotic like a yurt to live in while I put a new roof on the house etc. I feel that it might be a good solution in order to avoid getting a mortgage altogether. Do you have thoughts on this and would you consider making a video about ways to keep temporary roof over you hear while you fix up your fixer-upper?
Great content keep them coming love your enthusiasm 💚💚💚🌻❣💕💚
You’re so lovely! Thanks for sharing this info. I wish someone would have told me this in my 20’s! 🙌🏻❤️
Excellent Video
You’re brilliant! I’ve been in the services for years, move every 2 or 3 years, so have only rented. It’s tough to figure how much I’ve paid to rent...paying other people’s mortgages! But, in my situation it doesn’t make sense to purchase. (You’d have to have a high tolerance for stress to rent all of these homes for all of these years.)
Love your channel!
Loved this! I very much believe you've gotta love what you're paying into, and totally agree with point #5!
What kind of work do you do? Is it remote work? I'm curious. I'm low income too, so interested to see how you managed to make it work moving to the country.
Imagine how much fun it would be to go around on a digger and dumper for the week!
You just have to jump and be willing to learn as you go along 💜
Brilliant advice as always Maggie! Any favourite tools you used in the early days when renovating yourselves?
I’m currently 18 and I want to be some a geologist and work on river and coastal management. I’m from England and want to move to Ireland. I really want to buy a small house/cottage that I can fix up myself with a good bit of land. I dream of having cats, a vegetable patch and a cosy home.
Wise advice, just go for it. Try and buy under budget if you can. It gives you a bit wiggle room if interest rates go up or something goes pear-shaped.
Speaking of carpentry, there are tons of helpful videos right here on UA-cam! Plus viewings of period homes (on this channel!) so that whatever you do will look appropriate.
My brother bought his house and land at 19! He's in his 40s now. Mortgage consultant said then that he had people in their 30s and 40s trying to get mortgages, no savings whatsoever etc. Now i honestly dont know how young people are managing to get mortgages (I'm talking mid to late 20s) with the price of everything!!
Soundest advice ever given. When you go to the pub seek out trades and learn. Most trades are only to happy to teach.
Hello - Just had to tell you how pretty you look in this video. Love your programs. Gayle I New JerseyU S A
❤️❤️❤️
Truth from Bankers? On which planet?