Will The New Plan Go Anywhere?

In my life there have been various moments when I’ve decided that it’s a good time to answer one of the most important questions there is.

What’s next?

The context… it’s nearly the end of a year, which is usually a good time to evaluate anyway. But on top of that, the forthcoming year, 2015, contains my 30th birthday. Surely, then, no better time for a mid-life crisis?

Perhaps not yet. Right now I am feeling remarkably philosophical about the forthcoming year. I’ve been feeling “old” for at least the last five years now, so adding a further year is not going to make a difference. It will, of course, be sad to leave the 20s behind, but there’s nothing I can do about it. I am getting further and further away from the youth demographic, and it’s tremendously depressing when I stop too long to think about it.

So I try not to. Instead, I contemplate the future.

The new plan, which is to run in parallel with current businesses, is to consider a third venture. One which is a bit more reliable from a long-term perspective: property.

I have secretly always wanted to be a property tycoon. I like the idea of having a property portfolio. I reckon it was too many student days catching rubbish like Homes Under The Hammer, but the prospect of the returns that can be made is quite enticing for someone like me… I like to think of myself as a very modest entrepreneur.

It seems to make sense. I have spent my entire 20s saving and saving, living a pretty rubbish, frugal existence, which very little in the way of outside interests. As a result, I have some money that I would like to invest. I would very much like to start my 30s owning my own home, but frankly I don’t really care that much about it being my home. I would be just as happy if it were a home that I built (with assistance of course) which was then sold on to make a profit, before moving on to the next one.

And so the plan begins. The idea being that me and my business partner (for my second business) are going to commence a self-build house project. I bring the finance. He brings the building knowledge.

The trouble is, the prospects are limited. Where we are… well, let’s just say land doesn’t come up very often. Demand is phenomenally high. And my finance is not limitless. In fact, it might not be enough.

It could be a long time waiting.

Which is problem, because I am starting to get impatient.

I am hardly a showy or flashy individual, and status symbols like cars, houses, expensive possessions and jewellery generally have no impact on me whatsoever. I have never desired any of these things. But, to some degree, I am seeing the house project as a life milestone. Everyone remembers buying their first house. I want to do the same, but build it myself. It will be quite the marker for a 30th birthday.

It’s nice to have goals, though. I feel like I have been drifting somewhat for the past year… so I am ready for a new challenge.