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bajafreaks
Nomad
Posts: 401
Registered: 3-27-2007
Location: Gardnerville, NV./ Los Barriles BCS
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Mood: No Bad Days !!!
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Non full time expats where/how do you live ?
Kind of a wide open question but expats that don't live in Baja full time where/how do you live ? Do you own a second home, rent a second home, live
in an RV ? Live with your kids...you get the picture. My plan is when we retire to live in Baja for 8 months out of the year but where to go when we
head back to the states during the Hotter months ? Doesn't make since to me to own a home in the states paying taxes, upkeep etc. when were only going
back 4 months a year. Living on a limited savings/social security per month I'm just trying to find the most economical way to make it all happen. We
have a place in Baja that's paid for and plan to sell our house in the states when its time to retire and use that money to help with retirement.
Thanks for your input
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del mar
Banned
Posts: 1057
Registered: 7-23-2016
Location: the cantina of course
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Mood: lil' fuzzy
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have you considered living on the cool side?
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bajafreaks
Nomad
Posts: 401
Registered: 3-27-2007
Location: Gardnerville, NV./ Los Barriles BCS
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Mood: No Bad Days !!!
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I like our location in Baja but would like to go back to the states (Northern Nevada) a few months out of the year to see family etc. just trying to
figure out the best method of living while there.
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mtgoat666
Select Nomad
Posts: 17552
Registered: 9-16-2006
Location: San Diego
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Mood: Hot n spicy
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Keep your house in the USA. You may want to return to it some day. You can rent it out, and it should pay for itself, and then some.
when too hot to live in baja, hit the road and live like a homeless bum in a tent or RV,... millions of retirees are transients (aka snowbird,
wayfarer, pilgrim) wandering the USA in their vehicles, living in campgrounds or on public lands, plugging their RV in backyards of friends and
family, etc.
after you get older, you might not like living like a tumbleweed, and you can return to that house of yours for your late sunset years
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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BajaNomad
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Thread Moved
8-18-2020 at 03:26 PM |
bajafreaks
Nomad
Posts: 401
Registered: 3-27-2007
Location: Gardnerville, NV./ Los Barriles BCS
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Mood: No Bad Days !!!
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Quote: Originally posted by mtgoat666  | Keep your house in the USA. You may want to return to it some day. You can rent it out, and it should pay for itself, and then some.
when too hot to live in baja, hit the road and live like a homeless bum in a tent or RV,... millions of retirees are transients (aka snowbird,
wayfarer, pilgrim) wandering the USA in their vehicles, living in campgrounds or on public lands, plugging their RV in backyards of friends and
family, etc.
after you get older, you might not like living like a tumbleweed, and you can return to that house of yours for your late sunset years
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Campground host. Have definitely thought about the RV thing. In our area a
lot of RV parks to hang out in or wander as you mentioned. Store the rig while away in Baja.
Need to sell the house for equity to live S.S isn't enough.
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Stickers
Senior Nomad
Posts: 571
Registered: 4-12-2006
Location: SoCal
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Build a granny unit (guest house) in the yard of your Nevada home. Or partition the house to split it into two units.
Rent the house out and the rear unit or partitioned unit is available anytime you want to come back even for a short visit.
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SFandH
Elite Nomad
Posts: 6974
Registered: 8-5-2011
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I have friends that spend the winters in BCS and the summers in their RVs. Three are campground hosts during the summer. Two in California and one in
Oregon. They all have class A, bus sized RVs. TVs, washers and dryers, full-sized refrigerators, microwaves, the whole enchilada. Buy a used one, they
depreciate FAST.
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El Jefe
Super Nomad
Posts: 1027
Registered: 10-27-2003
Location: South East Cape
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The most economical way to do it is to sell the house and keep a small RV stateside. However, as you age you may regret selling the house. Things and
people change. It is nice to have a fall back plan if health or other issues cause you to come back to the states.
Our story is that we moved to the East Cape area and made it our 'full time' home for ten years. During that time we rented our California house out
and bought an RV that we used during the summer months to visit family and friends in the states. We always bugged out in August and September and
usually were gone half of July and October as well.
That worked for 10 years until we felt that we were just missing our grand kids and their parents too much. So we booted the tenants and moved back
into the California house. Now we spend 7 months per year up here and five months down in our Baja house. It's the best of both worlds, but it took
several years to get to a point where we could afford to make it happen. We are very glad we held onto the California house over the years. A good
trustworthy property management company was the key.
I guess it all depends on how attached you are to your old house, family considerations and such. Many of our Baja friends are all in down there and
some do the RV stored in the north thing. Seems to work well for them. Oh, and retirement is the bomb! Or as I like to say, "It's a good gig if you
can get it."
No b-tchin\' in the Baja.
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SFandH
Elite Nomad
Posts: 6974
Registered: 8-5-2011
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Winter on the Sea of Cortez, summer on the Pacific, both in Baja, and a house/condo in the states that you rent out and can move back to if needed.
That's ideal IMHO.
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advrider
Super Nomad
Posts: 1848
Registered: 10-2-2015
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Goat about nailed it. We have a small house next door and will rent out our main house for $$$$$! The tenant in the guest house has been there 18
years, if he ever goes we will keep it open for us.
In the mean time Baja and a travel trailer, with some VRBO or other rentals as we travel. As several have said, rent the house and keep the
options open. Camp host or park volunteer sound pretty fun to us. We will have plenty of years to figure it out as we are only 50 and ready to retire.
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Lee
Ultra Nomad
Posts: 3477
Registered: 10-2-2006
Location: High in the Colorado Rockies
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Lots of great ideas here. I like keeping the old house. You might want to come back to it f/t.
Still, selling the house and getting a RV works too, plug in at local Gardnerville RV park or family member home, RV storage somewhere.
Ck u2u.
US Marines: providing enemies of America an opportunity to die for their country since 1775.
What I say before any important decision.
F*ck it.
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paranewbi
Senior Nomad
Posts: 913
Registered: 4-15-2011
Location: San diego
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One consideration for having a home in the states is dependent upon your age, health history, DNA source (does your family history include problematic
health conditions).
We have our home in San Diego and an RV as well. We have done Central America many times and Baja as well. Now we are headed out for five years to
tour the US, Canada and Alaska. We leave the RV where it is and drive our tow car home from there, returning by driving the tow car back to the RV.
This keep expenses and wear down on the RV.
We are toying with domiciling in South Dakota to get away from the destruction of taxes in Cali. We are only in Cali four months of the year and our
home here will be considered a 'vacation home'.
So... Think about what will happen if one of you have 'the big one' and the other is left to life in an RV. Make sure your wife can drive that rig so
she's not left on the side of the road. Make sure she's secure if you don't finish retirement with her. And being secure is not 'living with the
kids'.
If you sell your house, invest the monies. Set a portion securely and get the rest in something that will enhance your SSI.
As to the RV... get something you can work on. If you don't know anything about diesel, don't get one. Get yourself a 'creeper' so you can lay down
while you work on it and get a rig large enough to store that creeper in 
Mine has a beer holder.
[Edited on 8-19-2020 by paranewbi]
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bajafreaks
Nomad
Posts: 401
Registered: 3-27-2007
Location: Gardnerville, NV./ Los Barriles BCS
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Mood: No Bad Days !!!
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Thanks everyone for the great suggestions.
We plan to retire early (60) so wont have SS to count on for awhile. Being self employed most of my life I didnt do well with retirement planning so
will need to sell the house, can't afford the mortgage since its not paid off. Would love to keep it but I don't think its in the cards. Lots of good
points on never knowing what the future will bring, health, life changes, none of us have a crystal ball so I need to go with what makes since at the
time and enjoy life as I/we can.
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gnukid
Ultra Nomad
Posts: 4410
Registered: 7-2-2006
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Permanent Residents can work as independent contractors in Baja to earn extra money.
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wilderone
Ultra Nomad
Posts: 3795
Registered: 2-9-2004
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Give it a trial run for the first year - rent the house. You might find you have a different perspective after that - you don't want to regret
selling your home. Renting might enable you to get another year of SS, a little more on the sale. You have the lowest interest rate? 3 mo. a year
in Baja isn't enough until you're 65? Seriously crunch the numbers.
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msteve1014
Senior Nomad
Posts: 945
Registered: 12-2-2006
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| Quote: Originally posted by wilderone | | Give it a trial run for the first year - rent the house. You might find you have a different perspective after that - you don't want to regret
selling your home. Renting might enable you to get another year of SS, a little more on the sale. You have the lowest interest rate? 3 mo. a year
in Baja isn't enough until you're 65? Seriously crunch the numbers. |
X2
do not sell the house until you are SURE. You have a house in Baja, so do I. You know you do not want to be there full time, neither do I. You have
to live somewhere else the rest of the time. I have known many people that sold homes in so. cal. to retire somewhere else, then changed their minds,
but because of the rise in prices could not re buy the same kind of home they sold.
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LancairDriver
Super Nomad
Posts: 1588
Registered: 2-22-2008
Location: On the Road
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Lot of good suggestions and options here. Many different personal options to consider however. Personally I lean toward the well equipped larger RV,
with the option of moving around at will to the many spots up and down the Sea of Cortez during the winter and either the Pacific side of Baja or the
northwest US during the summer. A comfortable way to go with the most options. As mentioned in a previous post, the price of a good Class A RV is
affordable today even though they are in big demand now.
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advrider
Super Nomad
Posts: 1848
Registered: 10-2-2015
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With loans at a record low now, refinance for a nice low rate so rent will pay the mortgage? I would give it a trial run like others have said just to
see how it goes. Good luck and enjoy Baja, I know I can't wait!
[Edited on 8-19-2020 by advrider]
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BajaBlanca
Select Nomad
Posts: 13172
Registered: 10-28-2008
Location: La Bocana, BCS
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Boy, what a challenge you have to make such an important decision before you can officially retire and get SS.
I have known many who have gone north for over 25 years even though their "home" is here in Mexico and they stay with family when they leave for the
summer.
Some other folks end up buying after 25 years or so down south...things change and health is a biggie.
Best of luck fulfilling your dreams!
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freediverbrian
Senior Nomad
Posts: 617
Registered: 2-24-2007
Location: Papas Gonzaga Bay
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I plan on retirement in a few years and living in Baja but have an escape plan. Without would be unwise.
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