Background:
I'm 24, lived in Newfoundland my whole life. Always wanted to go to BC and ski bum it out for a few years. Decided to do the responsible thing and go to university. Did the university route and got a business degree , graduated, got a nice job in retail management on a corporate fast track program. Purchased a solid real estate investment (Apartment building). Basically I was becoming a responsible young man with a good head on my shoulders.
I did that for 6 month and I felt like a fucking caged bird. Just wasn't for me. Quit a good job and decided to go back to school for a semester to finish off the requirements for another degree and just to chill and think my life over. Graduated again. Looked for another job but nothing I was really pumped on came up. Dabbled around a bit and applied for a few jobs manly with fed government. Those job competitions take forever unfortunately. It was about August when I decided shit wasn't working out. My life was whack. Decided to sell my apartment building I had bought the year before and start a business. Found a buyer for my building and the deal closes at the end of this month. I will make quite a bit of money from the sale after all the fees. Which would make a great equity invest into my new business which I had a 40page business plan and some approved financing for.
The decision:
I've been pretty depressed lately even though the wheels were well in motion with starting my own business and all. Nothing was really feeling right... Then I ran into a real estate page with some places in Revelstoke. Found a trailer with about 800ish square feet that I thought was undervalued. Phoned up the real estate agent and got the details. Phoned up a friend who is basically in the same boat as me asked him if he wanted to half it with me. He said yes, so we now had enough $$$ to buy this thing basically mortgage free. Called the real estate agent back and put in an offer.
The offer was accepted and the deal closes on January 15th pending some conditions (Home inspection ,etc.). The plan is to start driving up right after new years and basically arrive in time to move in. I will still have enough money to live on until I can find a job (which will obviously be a step down from my last job). So it's going to be myself, my GF and my friend living in a trailer in Revy. The plan is to live there for a year or so then sell or rent out the trailer and turn a profit.
So basically the point of this thread is either to give me some encouragement or to tell me how stupid a decision it was.