Your Micro house Mortgage free living …What will it look like? How will you pay for it? Answers here.

Hello micro housers. This post is brought to you by the PEOPLE FOR A MORTGAGE FREE AMERICA. What elements will you include in your micro house project? Lots of windows? French doors? Carpet or hardwood on the floor? What will be your color scheme? How about a main floor bedroom? There are so many choices so much fun. Is it just me or is there some real peace of mind knowing that for the price of a nice car you could own your own home free and clear? Well if you build it yourself it could be half that price! If you could eliminate the cost of the largest expense we have in the world HOUSING.

What would your life be like? Fill the blank. If I had $$dollars is it $500.00, $750.00, $1000.00 or more!! (The monthly cost of housing that you now pay) left in my hand every month for the rest of my life what would I do? How would that change your lifestyle? $750.00 per month is $9000.00 a year or $90,000.00 every 10 years!! With interest you could be financially independent in just a few short years! $750.00 per month invested at %10 interest is almost $325,000.00 in 15 years! Don’t spend it save it.

So what is the best investment you can make? Learn how to build your own house now! It would behoove you to learn the skills necessary to build. Like plumbing and electrical or framing to Avoid the crushing cost of paying rent or 30 years of house payments. It’s easier than you think 😉 What if you had someone (An expert) that could walk you thru step by step and take the mystery out of the process? What would that be worth? Plans for these houses regularly sell on the internet for $600.00 to $700.00 and more without any instruction! But you could have a set of plans with a list of tools and materials so you don’t have to figure it out and a process of what board or sheet of wood to cut and where it goes and how to attach it and what to do next. Sound simple? Well there is work involved but it is a manageable process when there is a path and a plan.

How do you finance this project? That is a good Question I offered a solution in my most popular post “Free tiny houses for everyone” It is maybe a bit radical for some but drastic measures for drastic times!?! I don’t think it’s drastic given the outcome. Other options include selling off your no longer needed possessions the ones that wont fit in your house to help pay for materials. Savings you may already have. Small loans you can quickly pay back now that you don’t have a house payment. Pitch a tent at the project site once you shell in the house you can stay inside it out of the weather and finish as you go.

What are you willing to do to stop having to pay exorbitant amounts of money for a place to live? Make this the adventure that it is in lifestyle design. Change the life you have if you’re not happy with it. They say the definition of insanity is doing the same thing over and over and expecting a different outcome. If you want a new result you have to make changes. Think of the time and freedom you will have to spend pursuing your interest in live travel, hobbys, gardening, staying fit BALANCE YOUR LIFE! don’t spend it working 40 or 50 plus hours a week till your old and grey. We only get so many days on this planet What are you doing with yours?       

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0 thoughts on “Your Micro house Mortgage free living …What will it look like? How will you pay for it? Answers here.”

  1. Kevin,
    I agree with everything you have said. Becoming a member of the tiny house movement has enabled me to really enjoy my retirement much more.

    I think it would be very interesting to get the comments from people who have adopted this lifestyle years later. Am sure there would be a lot of people much happier with their lives than before they made the “jump”.

    One thing that seems to go unmentioned in articles written around the cost of tiny vs. a regular home is the cost of the ground the tiny home sits on or, in the case of a tiny home on wheels, the cost of renting ground to park the tiny home on.

    Buying a lot to put a tiny home on is much less, obviously, than a home and land. But is a consideration. Because of the economy, I have found that if you go to any homeowner’s association anywhere in the US and ask if the residents of that assn. have properties for sale, you will find unbelievable deals on lots, very often ready to put your building on. I might mention too that if your tiny home is on wheels and has internal plumbing, a fresh water and waste water holding tanks, that same tiny home will qualify for no taxes due to it’s portable nature. This is NOT possible in tiny homes not so fitted.

    Should you decide to build your tiny home on a trailer, you should also do the steps I mentioned in the foregoing paragraph so that you can stay or at least stop in an RV park when traveling. Rarely will RV parks take in trailers that do not have their own plumbing because the RV park could lose their RV qualification, thereby dramatically impacting thier local tax rate.

    Finally, if you do build your tiny house on a trailer, you can almost always find a farmer/rancher, etc. to allow you to put your tiny home on their property at no cost to you in exchange for minor chores or, in some instances, just the extra set of eyes you provide in watching the property. Of course, you will need to have hookups for water and sewer but this is frequently not a problem.

  2. Kevin – Your blog this morning inspired me and increased my enthusiasm!!! Thank you for all that you do. I look forward to seeing your kickstarter project and I know that having a set of plans, with materials and tools lists, and an expert to talk to will help many people.

    We are four months into actively building our Tiny Home on a trailer.

    First, we spent about two years looking at alternative housing (earth bag, tiny home, yurt, RV, etc). We watched the videos, read the blogs and read a few books before making the decision to move forward.

    We have a home with a $1351 monthly mortgage… We’re living paycheck to paycheck. No savings. Credit card debt (but have not used any credit for over two years). I think of all the things we could do with the $16,212 that we spend each year… with another 23 years of payments. $372,876!!!!

    My first thought was to just sell the house, buy some property and live in a tent until we had the house finished. My thinking was that the necessity would make it happen faster! But, of course, everyone freaked out on that idea. So we are building the Tiny Home in our driveway. When it is finished we will sell the awful-mortgage-house.

    The only drawback with our approach is that we can only build on our Tiny Home when we have the funds to do so…

    Our first step was to have a garage sale. When I look at all the STUFF we have in our three bedroom home, I am overwhelmed. Where does it all come from? Stuff packed in closets and drawers that have not been touched in years. Stuff in the storage shed out back. Stuff that just sits there and has no purpose but something to look at! Really, it is totally unnecessary. The stuff will not fit in a Tiny Home and paying to put our stuff in storage is ridiculous!

    So, we did our round one clear out. We did not get rid of anything that was “painful”. Just the things we have not used, do not need and do not “love”. We made $1000 in three days with our “Cool Crap Garage Sale”!!! That paid for the trailer and the sub-floor and framing!

    The round two clear out will be a bit more painful. We will have to get rid of some of the things that we love – but do not “need”.

    After the Tiny Home is finished, we will “move in”! Only our most precious prized possessions and needed items will find a place in our Tiny Home. We will have ample storage underneath (in weather proof bins) for the items we just can’t part with. Then we’ll have to get rid of anything that is left in our awful-mortgaged house.

    But I do worry, what if there are items I can’t stand to part with?! One idea is to use a POD storage container. We can fill it up and take it to our Tiny Home property with us. Then, our first “out building” will be a storage shed – getting rid of the POD container as quickly as possible.

    Some of the Tiny Homes out there are just amazing. Knotty pine interiors, high end appliances, solar systems and more… Maybe, our 2nd Tiny Home or outbuildings will be like that – built from the $1351 we’re saving each month!

    Our goal is to just have our first Tiny Home be functional, comfortable and pretty. We’re getting used items (many for free) from friends and Craig’s list.

    Coming to an agreement on design took a little bit of time. We measured everything. We looked at how much space we have and how much space each of the items we want inside required. What worked for us was creating a diagram of the space and cutting out all of the components we wanted (to scale). We spent about three hours arranging the little pieces until we found what worked best and allowed us to have everything we wanted! The one thing we gave up was a sliding glass door. We had thought that would be a pretty and useful doorway; but it took up an extra three feet of precious wall space.

    We’ve looked at the re-store places at used windows but decided to go with inexpensive new, standard ones. It made it much easier to design once we knew the exact dimensions.

    We’ve had many discussions about toilets and water. Not knowing yet what property we’ll be moving too, or what amenities we’ll have, we are going to start with a composting toilet and bringing in our own water. I’m a little nervous about both, but I’m certain that we can adapt.

    We don’t have a huge inventory of tools. We’re borrowed a few tools that we’ve needed and purchased a circular saw from Harbor Freights. Most of the work so far has been done with a hammer, a screw gun and a circular saw.

    We have the lower level framed. Now we need to save a few hundred bucks to do the gambrel roof and the wall sheathing. Hopefully, we’ll have the funds for this in the next few weeks!

    We’re involving family and friends. As we’ve progressed, they have pretty much stopped teasing us. They realize we are serious. They are now curious, interested and participating!

    We created a Facebook Group to track our progress:

    We keep a list of items we need and have a post on Craig’s List:

    We have a Pinterest Board:

    We have a donation page. No donations yet, but it was worth a shot:

    We’re excited and we see the light at the end of the tunnel! We can’t wait for the next chapter of our lives. We’ll keep you posted!

    Julia & Ed

    1. This is what makes me get out of bed every day stories like this .people like Julia tacking action and getting out of their comfort zone.Investing in them selves learning.
      I’m passionate about empowering people to take back there time and money by becoming self reliant independent and self sufficient.Great job you two keep it up.

  3. Kevin,

    I’m growing more intrigued with the tiny house movement with each passing day. Partly due to a long fascination with blueprints and to see a certain sized space can look & function dramatically different for each customization.

    I recall reading a bit on micro homes a while back, but just recently rediscovered them. I’m not currently in a position to jump on the bandwagon, but I am doing a lot of thinking about what’s important to me in a home, especially a tiny home.

    Like you, a mortgage free life is something I’m aiming for! Better to live comfortably with less, than stressed & worrying about losing the ‘more’.

    – Large windows, or possibly sliding doors: Natural lighting will reduce electrical lighting needs, and allow me to enjoy a lovely thunderstorm.

    – Metal roof: again, to hear the rain.

    – Hardwood or tile floors: I don’t want to store or power a vacuum, especially with such a small footprint. Also, since your entry way usually becomes your living space, it’s going to get dirty easily.

    – Solar panels or perhaps some sort of roof mounted wind turbine

    – Extra wide or double door entrance… especially if there are no side sliding doors: Will allow for easier moving of furniture, and aid in the visiting of any wheelchair bound guests.

  4. i am determined to have a mortgage free home. what is the advantage of the tiny home vs the rent to own buildings converted to a home?

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