From HobbitHoleWiki

From HobbitHoleWiki

Current Project stage: Obtain financing and purchase an investment home in which to live for 2 years.

While our main goal, to build a Hobbit Hole has never changed, our steps to getting there have changed quite a bit. Our financial situation is beginning to improve and it looks as though we'll be able to afford a house to use as an investment for the next 2 years. We'll update the list below from time to time as things progress.

• The initial project idea was spawned in a late-night discussion about noise.

• The initial project website was put online; a few pages of text and a picture.

• Our link was submitted to a few news sites.

• We registered approximately 23,000 visits in a single day after many links.

• Our financial situation (and my job) began to improve.

• We decided to find a way to purchase a house as an investment to build equity.

• We began house-shopping and crunching numbers, considering keeping a tenant.

• Relations were developed with other sites to help maintain publicity.

• Implemented Wiki Interface and uploaded new site design

• Obtain financing and purchase an investment home in which to live for 2 years. (completed 6/24/05)

• Obtain land for the site of the Hobbit Hole.

• Finalize the design for the Hobbit Hole.

• Obtain financing for the Hobbit Hole construction.

• Sell the investment home and use the equity towards construction.

• Move into the Hobbit Hole and finish decorating.

• Begin giving tours of the Hobbit Hole to aid in mortgage payments.

• Open 1-2 bedrooms up to the public and run a Bed & Breakfast to aid further.

• Write a book about our experiences to help pay off the mortgage.

To be continued...

Have a suggestion? We'd love to hear it! mailto:[email protected]