OT: Sens Lounge -The four seasons edition

NyQuil

Big F$&*in Q
Jan 5, 2005
98,325
64,081
Ottawa, ON
I am unsure why anybody would burn money by renting a cottage.

Our second vacation home is not ideal, but with daddy offering to cover the down payment and maintenance using his dividends from the family trust, it seemed like a no brainer.

I get it, I am on the poorer end of the spectrum here, unable to own our second vacation home outright, but daddy says when he passes, it goes to me.

I put all my money into my primary home at the time where the real estate value rises much faster.

I bought it for 650k and it’s already up to 1.2M in less than ten years.

You wouldn't. Trust me lol. Especially if it's close by.

Different strokes for different folks.

The idea of spending my free time doing maintenance on a second property isn’t appealing to me.
 
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jbeck5

Registered User
Jan 26, 2009
16,604
3,512
I put all my money into my primary home at the time where the real estate value rises much faster.

I bought it for 650k and it’s already up to 1.2M in less than ten years.



Different strokes for different folks.

The idea of spending my free time doing maintenance on a second property isn’t appealing to me.

I don't understand why you would need to do much maintenance lol
 

mysens

Registered User
Apr 9, 2013
983
835
I am unsure why anybody would burn money by renting a cottage.

Our second vacation home is not ideal, but with daddy offering to cover the down payment and maintenance using his dividends from the family trust, it seemed like a no brainer.

I get it, I am on the poorer end of the spectrum here, unable to own our second vacation home outright, but daddy says when he passes, it goes to me.
I think bringing money is rather the other way. We were going to south Florida every six months for some time. So, I thought, maybe it’s better if we get our own home. Of course, I need it to be on the beach, in south beach Miami and be in a safe locale. Well, about 650k USD, plus yearly condo fees, insurance etc made me rethink this ultimate plan. Our family holiday in Miami at a nice resort was costing me about 7k for 14 days. That’s a crap load of holidays I can take my family on for 650k usd.
I admire all the cottage and summer home owners here. That’s amazing. But I prefer to just rent when I want. Leave when I want and not worry about anything else. My personality would render me guilty spending all this money on a cottage plus all the water toys only to be traveling somewhere else
 

mysens

Registered User
Apr 9, 2013
983
835
I don't understand why you would need to do much maintenance lol
It’s not necessarily just the home itself. You’re always wanting to improve the whole experience. So you buy boats, jet skis, water slides, water trampolines. Then for the winter you want snowmobiles etc. it’s a never ending money pit for someone like me who gets board sitting around reading books. But, I do love going to our friends cottages over the summer.
My waistline also increases in size
 

BonHoonLayneCornell

Registered User
Oct 16, 2006
16,514
11,636
Yukon
It’s not necessarily just the home itself. You’re always wanting to improve the whole experience. So you buy boats, jet skis, water slides, water trampolines. Then for the winter you want snowmobiles etc. it’s a never ending money pit for someone like me who gets board sitting around reading books. But, I do love going to our friends cottages over the summer.
My waistline also increases in size
And with many of those "improvements" comes more maintenance, unless someone is fortunate enough to just pay people for that too. It's great that my brother owns a cabin and like 15 machines and I don't, be it sleds, side by side, quads, RV, a boat, motorcycles, dirt bikes, etc., but the time (and money) he spends maintaining all those machines and hobbies is, well, his life basically.

When added on to having kids, plus the regular house & cabin maintenance, plus work in the type of profession that actually provides the income to buy these things, he barely gets to sit down.
 
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jbeck5

Registered User
Jan 26, 2009
16,604
3,512
All my friends, and literally everyone I know that has a cottage are always fixing them up.


Eww.

It's probably their personality. Some dads are bored if they aren't fixing something or working on some project.

My dad is like that. He'll go every weekend and do some work, but most projects aren't needed, but rather a little upgrade they want.
 
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jbeck5

Registered User
Jan 26, 2009
16,604
3,512
Because a lot of cottages for people who aren't super wealthy tend to be older and built by the owners. They also tend to have very large lots that need to be maintained.

That was like ours, but we paid for renovation help and now they don't need as much.

They also sell these lawn mowers that cut the lawn themselves like a Roomba.

I'm looking into one. Right now the lawn is done in 20 minutes with a beer in hand on a riding mower.
 

branch

#GirlBoss #Vibes
Jan 12, 2008
8,897
7,309
Golly I wish I had a gravy train resplendent with generational hand me down, fully appreciated properties. Just out here grinding it out for myself. Don't mind me

I do want to get a chalet somewhere north of here closer to Tremblant or Mont Laurier in a couple years. We have a young kid so I think the quality time there spent there with friends and family could be really memorable. Summer to me seems best spent on the lake
 

BonHoonLayneCornell

Registered User
Oct 16, 2006
16,514
11,636
Yukon
Golly I wish I had a gravy train resplendent with generational hand me down, fully appreciated properties. Just out here grinding it out for myself. Don't mind me

I do want to get a chalet somewhere north of here closer to Tremblant or Mont Laurier in a couple years. We have a young kid so I think the quality time there spent there with friends and family could be really memorable. Summer to me seems best spent on the lake
Hold your head high and keep grinding! I get envious of wealth, mostly for the potential time freedom more than the "stuff", but I'm thankful for what I do have after being raised by a poor single mother. I also have a young kid and as far as a human life on this planet goes, we are still very fortunate. No material item can compete with the joy I feel just looking at the beauty that is my son.
 

Tnuoc Alucard

🇨🇦🔑🧲✈️🎲🥅🎱🍟🥨🌗
Sep 23, 2015
8,255
1,969
IIf cottaging (or boating) is your thing, and you spend the summer months doing it, why not?

But I like to travel a lot throughout the summer so owning a cottage (or a boat) outright doesn’t make a lot of sense.

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coladin

Registered User
Sep 18, 2009
11,922
4,647
Hold your head high and keep grinding! I get envious of wealth, mostly for the potential time freedom more than the "stuff", but I'm thankful for what I do have after being raised by a poor single mother. I also have a young kid and as far as a human life on this planet goes, we are still very fortunate. No material item can compete with the joy I feel just looking at the beauty that is my son.
Atta boy. Family is what it is all about.
 
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Relapsing

Registered User
Jul 3, 2018
2,231
2,080
Atta boy. Family is what it is all about.
Family is truly what it's all about.

We never had a cottage, but camping and canoeing trips were how we spent our holidays for years growing up, and those memories will last my entire life. From humble beginnings at places like Bon Echo, graduating to portage trips into Algonquin was like a rite of passage. Somehow though, I'm still a horrible fisherman. The few times we did end up at a cottage, it felt more removed from it all, somehow.

It's easy to forget or not even know how lucky we are in these parts: Nature is right at our doorstep. Numerous campgrounds, parks, lakes and rivers to explore. Endless summer days spent outside. Nights spent looking at an endless field of stars.

As someone who definitely benefits from an actual mattress these days, for anyone looking for a not-quite-a-cottage experience, check out Cabinscape – Make your little great escape.. Off-grid tiny cabin rentals in the woods.. They have cabins around the Valley and into the Kawarthas, and they are available through the Fall/Winter. I think they hit a pretty good mix between creature comforts and being in the middle of nowhere.
 
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maclean

Registered User
Jan 4, 2014
8,851
2,852
Hold your head high and keep grinding! I get envious of wealth, mostly for the potential time freedom more than the "stuff", but I'm thankful for what I do have after being raised by a poor single mother. I also have a young kid and as far as a human life on this planet goes, we are still very fortunate. No material item can compete with the joy I feel just looking at the beauty that is my son.

Right on man. I spent my 20s and 30s raising my kids instead of chasing that bag and though I'm still paying rent and struggling to make ends meet in my 40s, at least I've released two pretty darn good human beings into the world... At the very least I made sure there wasn't danger of them being spoiled ;)
 

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