This 37-year-old makes $100,000 in Austin, but lives in his truck and rents his condo for extra money. (via CNBCMakeIt)
But he was tired of watching his rent increase year after year and saw owning his own place as a fix to that annoying problem. "The primary reason I wanted to buy a condo is because rent fluctuates," he tellsAs a side business, Dishongh designs pet portraits.So in 2017, Dishongh purchased his first home, a 600-square-foot one-bedroom condo in Austin, Texas. He scored the place for $140,000, with a down payment of just $6,000, or about 4.2%.
Today, the 37-year-old, who earns over $100,000 a year between his full-time job as a senior front-end developer, hisand working part-time at a doggy daycare, has a new goal: Pay off his mortgage as quickly as possible — hopefully within 10 years. To speed up the process, he rents his condo out on Airbnb and spends many of his nights sleeping in a camper he built himself in the back of his truck.Originally, Dishongh wanted to live in a van full-time, travel the U.S. and work remotely. But after running the numbers, he realized it would take over two years for the costs to even out.
It's well-built but cramped, and there's no kitchen or bathroom. "Day-to-day tasks become really inconvenient," Dishongh admits. It's not unusual for him to cook his dinner campfire-style in the woods, warming a palm-sized cast-iron skillet over a single flame.Still, the sacrifice is worth it, thanks to all of the extra income his Airbnb listing generates. "I make $1,700 a month if I just use my gym to shower," he says.
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