"When I tell people I bought a fixer-upper in Vermont with my siblings, the reaction is almost always the same: part envy, part amusement, part horror. "That's so exciting, but you must really like your siblings. I could never do that with mine. It would end in disaster," they say. Did I mention the house - tucked deep in the woods - is nearly impossible to find, three stories tall, and has no interior staircases or electricity?"
"My brother, sister, and I grew up with a second home that served as a vacation house (and a source of rental income for our parents). So, I liked the idea of buying a property and continuing this tradition with my siblings. My brother was immediately on board, and not to be left out, our sister quickly agreed to the venture as well."
Three siblings purchased a remote fixer-upper in Vermont's Northeast Kingdom after a three-year search and set purchase rules requiring at least one in-person visit and two approvals. The house sits deep in the woods, is hard to find, is three stories tall, and lacks interior staircases and electricity. Renovations have included clearing the house and installing insulation, but substantial work remains. Progress has been slow because all three have full-time jobs and live four to seven hours away. One sibling has handled most on-site coordination, contractor meetings, and property access maintenance.
Read at Business Insider
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