I want to share a long-term dream I've been contemplating recently.
Imagine waking up to this...
...but instead of paying the full $15,000 p/month as individuals, we split it 6 ways, thus making it reasonably affordable for anyone with a net worth of $1M and over.
We form a group of 6 dedicated Mustachians, who have met many times and gotten to know eachother pretty well.
All of us will have agreed ahead-of-time to:
- Lend a hand with any cleaning or maintenance required
- Not bring any outside people to the apartment (except partners, who are included in the group)
- Leave once the lease is up (we all lead a minimalist lifestyle in the meantime, avoiding bulky purchases like furniture, etc)
- Spend a lot of the time outside the apartment
- All quiet from 9 PM onwards, lights off from 11 PM onwards
- Everyone has to wear sunglasses
With the
right group of people (bold, underline, italics mine), and a convinced landlord, might this work out to be a pretty sweet deal?
Basically we would get the communion and camaraderie of a bunch of fellow Mustachians, combined with beautiful, spectacular scenery (take your pick from sea-sides, city skylines, forests, etc) and that mischievous, Mustachian feeling of being able to enjoy amazing locations at a fraction of the cost of owning them.
Thinking about this some more, I guess even $15k might be more than we need to pay.
- We could scout out countries/cities/areas that are cheaper
- We could rent during off-peak times
- We could come to 'caretaker' arrangements with landlords, in exchange for a discount
This seems like a neat way to take an enjoyable and fancy 'staycation' within a minimalist lifestyle and budget.
We could start with temporary blocks, say 1-month or 3-month, then move up to 6-month, 12-month, etc. if we all wanted to, and didn't get sick of eachother!
I realise there may be some complexity involved in the meeting and planning phase, and that it might take some perseverance to get an owner to agree to lease their gorgeous property to 6 people, even if all 6 are millionaires. However, it doesn't seem beyond the realms of possibility.
Maybe I'm over-selling this, and (some of) you have already been doing this for years. In which case, please let me know so I can join you!!
Any thoughts on this generally? Would you consider signing up to a FIRE'd house sharing team?