It isn’t definite yet, but it’s likely that I’m going to be working remotely until I choose to retire. I was ready to stop working, but I also want to do some rather expensive things in 2024 and felt more comfortable subsidizing those costs by continuing to work for just a little while longer. I requested remote work and it appears that request will be granted. 2024 is definitely my final full working year and I’m not sure I’ll get through the entire year, but that’s not why I’m writing.
Whether I end up working remotely or quitting, my initial plan for 2024 has been the same: sell my residence and choose several cities of interest and rent an airbnb or stay in a hotel in each of those cities for a few weeks so I can get a feel for whether it might be a place I’d like to live permanently. Once I find the right place, however long that takes, I’ll stay in that location for several months to make sure I like it before I buy a property (this may be an expensive plan, given the cost of short term rentals and hotels, hence the preference to work to cover costs).
Now that my future work plans are more clear, and things are now more “real,” I’m starting to get nervous about the logistics of my plan because it would mean that I would technically be homeless after I sell my property. I wouldn’t have a true residence or permanent address. That makes me feel a little nervous. I could get a PO Box but don’t some places and government agencies require an actual address?
To complicate matters further, while I would be working remotely, I would also plan to visit the office on a regular basis, perhaps one week per month, at least until I’m settled in one location. It wouldn’t be that big of a deal to do that, I’d just visit in between going to new cities. But those regular visits make me wonder whether I might be better off keeping my condo while I do my airbnb adventure. I would have a permanent residence. I would have to keep paying my ownership expenses (HOA fees, property taxes, insurance, electric…no mortgage payments…place is paid for). But if I’m coming back to town once a month, I’d have a place to stay, and weekly hotel costs would likely be just a little lower than my monthly condo costs. Plus, if I moved all my stuff into storage, I’m looking at a storage fee.
Does it make sense to keep the property or should I just sell and figure out how to make life work as a person with no permanent address? And if I sell, what can I do about having a physical address in my current state? I know RVers have figured out this problem. I don’t want to use someone else’s address. I started looking into something called mail forwarding services and mail virtual addresses; do they work well? I don’t want to establish residency in another state until I’m ready to move to a potentially permanent location.
Any guidance would be helpful, thanks.
Whether I end up working remotely or quitting, my initial plan for 2024 has been the same: sell my residence and choose several cities of interest and rent an airbnb or stay in a hotel in each of those cities for a few weeks so I can get a feel for whether it might be a place I’d like to live permanently. Once I find the right place, however long that takes, I’ll stay in that location for several months to make sure I like it before I buy a property (this may be an expensive plan, given the cost of short term rentals and hotels, hence the preference to work to cover costs).
Now that my future work plans are more clear, and things are now more “real,” I’m starting to get nervous about the logistics of my plan because it would mean that I would technically be homeless after I sell my property. I wouldn’t have a true residence or permanent address. That makes me feel a little nervous. I could get a PO Box but don’t some places and government agencies require an actual address?
To complicate matters further, while I would be working remotely, I would also plan to visit the office on a regular basis, perhaps one week per month, at least until I’m settled in one location. It wouldn’t be that big of a deal to do that, I’d just visit in between going to new cities. But those regular visits make me wonder whether I might be better off keeping my condo while I do my airbnb adventure. I would have a permanent residence. I would have to keep paying my ownership expenses (HOA fees, property taxes, insurance, electric…no mortgage payments…place is paid for). But if I’m coming back to town once a month, I’d have a place to stay, and weekly hotel costs would likely be just a little lower than my monthly condo costs. Plus, if I moved all my stuff into storage, I’m looking at a storage fee.
Does it make sense to keep the property or should I just sell and figure out how to make life work as a person with no permanent address? And if I sell, what can I do about having a physical address in my current state? I know RVers have figured out this problem. I don’t want to use someone else’s address. I started looking into something called mail forwarding services and mail virtual addresses; do they work well? I don’t want to establish residency in another state until I’m ready to move to a potentially permanent location.
Any guidance would be helpful, thanks.