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Oh. So on your home you can add a second kitchen? Build a fence? Build a porch? Install a pool, a new deck, a tree? Without anyone's permission because you're king of your castle? Wrong-o. You can't do any of those things without permission from the town. And you pay them (taxes) just for that privilege of bossing you around.
Now you've gone completely off the rails and are just the defensive goofball we suspected. You're comparing permits for renovation with not being able to bang a nail without landlord's say so?! Are you really that daft or just trolling down the river at this point?
For the record, you can do all of those things, with a variance, some drawings and cash. As a renter, you have the option of going to court to keep from getting tossed to the curb on a whim. But good luck with that. You pay for the privilege of someone else having your key and right of entry. Enjoy.
I not a fan of LI but I like having a house and to rent the 2k sq ft I have now I'd pay $3k minimum per month, much more than my monthly nut now.
You don't really get how laughable your posts are now that it is such a lame rental market. In 2008, selling and renting was pure genius. In 2017, renting is paying a nice premium for risk aversion and flexibility and little else. It's an emotional move, not a slick fiscal one.
I'm responding to the squatters who refuse to leave :
They are leaving, you just don't like what they're trying to charge you to buy their humble abode. You so generously want people to cash out their equity but at a price that YOU deem appropriate.
Hahahahha wow the emotional plea sales ploys are off the charts. "So what if you have to overpay, it's for your children's better education and doggonit Nassau County is worth it!"
Out of all my text about value being more than just return, you choose to respond only to 4 or 5 words, that I put in parenthesis.
So having use of something is worthless? There is no talking sense with you. Only cents.
"$93/mo. is a lot of money"... says the person paying $4100/mo. currently. Already more than many mortgages here.
It's amazing that someone who has answers for everything started multiple threads with questions.
Better still. See below.
Not even sure the location of the house, possibly not on LI, possibly not in NY and sight unseen is talking about building garages, removing walls and adding pools and the cost of a pool tax wise.
In my experience, Realtors don't usually know the answers to questions I'd need answered before buying a house. Like:
Can we put an IG pool in?
How much will IG pool raise our taxes?
Can we knock out a wall / build dormers, etc?
Can we plant or remove trees from property?
Can we build a garage / second garage?
Since Realtors don't know, who can we ask? Call the town? Will the town take the time to speak with us when we're not owners yet? Do people just blindly buy houses without knowing this stuff for sure? (We get a lot of "I'm 90% sure you'll be able to....)
What's the point of appreciation if you never cash it in?
Also your home appreciates but then you have to buy in the new market, eating most of your profit margin.
Seriously? The point of appreciation is to accumulate wealth. If and when that accumulated wealth is cashed in is a matter of financial planning and estate planning just as any type of investment. No one accumulates wealth by paying a landlord and limiting ones own tax advantages.
Seriously? The point of appreciation is to accumulate wealth. If and when that accumulated wealth is cashed in is a matter of financial planning and estate planning just as any type of investment. No one accumulates wealth by paying a landlord and limiting ones own tax advantages.
Unless renting is cheaper and the difference is invested at a rate which accumulates wealth faster.
Unless renting is cheaper and the difference is invested at a rate which accumulates wealth faster.
Correct. But we are on the Long Island forum here; there are no rentals cheaper than comparable owned properties.
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