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Old 08-26-2019, 03:14 PM
 
Location: los angeles county
1,763 posts, read 2,047,091 times
Reputation: 1877

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Quote:
Originally Posted by TexasBound19 View Post
Stupidity knows no bounds.

A brand new mansion in Nashville is 350k.



Lol at comparing the two.


A mansion in Detroit is only $90k.

Lol at comparing
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Old 08-26-2019, 05:53 PM
 
Location: Knoxville, TN
5,818 posts, read 2,669,748 times
Reputation: 5707
Quote:
Originally Posted by TexasBound19 View Post
Stupidity knows no bounds.

A brand new mansion in Nashville is 350k.

A piece of crap 1950s 530sqft studio in LA is 600k.

Lol at comparing the two.
No, actually real estate has skyrocketed in Nashville. Big time. It's quickly become known as an "expensive city" to live in.

It's even trickling here to Knoxville, though definitely not on the same level; however I've only had my house 2 years and it's worth $80,000 more than I paid for it.
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Old 08-26-2019, 05:56 PM
 
Location: Avignon, France
11,159 posts, read 7,961,718 times
Reputation: 28965
Quote:
Originally Posted by TexasBound19 View Post
next time you're thinking "oh, i dont want to throw money away renting" remember:

living in a nice brand new apartment with washer & dryer inside in a reasonable area, you're going to spend about $2000-2500/mo in rent (for a studio or 1 bedroom).

the same level of quality, if you were to buy, you'd be spending easily around 3,500-4,500/mo (a condo around 650k -- and im taking into account all costs related to buying in these amounts).

if you buy a condo that is worth 650k, you are throwing away the following (roughly):

6500/yr in taxes
6000/yr in HOA fees
900/yr in insurance
X/yr in maintenance, let's throw a number out there and say, maybe 3,000.
also add a few thousand for closing costs, etc. but let's skip that.

that's a total of $16,400.

renting a place for 2,000/mo is equivalent to 24,000/mo.

24,000 - 16,000 = $8,000 that's the difference between buying vs renting in terms of "throwing money away"

now the big difference is:

if you're renting and spending $2,000/mo, AND not paying 3,500-4,500/mo on a mortgage, HOA, insurance, and maintenance, you're going to have a lot more money in the bank.

You could use this money to live better or invest.

"oh but equity" ... at the end of the day, when you put all the numbers down, you're more likely to be better off financially renting, than buying.

buying is a scam.
You have no clue! And it’s quite apparent. 😂
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Old 08-26-2019, 07:04 PM
 
1,203 posts, read 835,948 times
Reputation: 1391
Quote:
Originally Posted by Vic Romano View Post
Exactly. He's going to Nashville anyways. And he says he's going to buy a house. He can BS that group for a few days...

//www.city-data.com/forum/nashv...alifornia.html
Amazing. How many of these same threads is he going to start by just changing the city?

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How in the world can one person be moving to so many places? Sounds very troll-like to me.
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Old 08-26-2019, 07:43 PM
 
Location: NNV
3,433 posts, read 3,752,084 times
Reputation: 6733
Quote:
Originally Posted by TexasBound19 View Post
Stupidity knows no bounds.

A brand new mansion in Nashville is 350k.

A piece of crap 1950s 530sqft studio in LA is 600k.

Lol at comparing the two.
You are absolutely correct. Let's compare to the condos you own in Maui and Florida. You do own condos there, right?
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Old 08-26-2019, 08:12 PM
 
Location: Formerly Pleasanton Ca, now in Marietta Ga
10,351 posts, read 8,567,170 times
Reputation: 16693
Quote:
Originally Posted by TexasBound19 View Post
Stupidity knows no bounds.

A brand new mansion in Nashville is 350k.

A piece of crap 1950s 530sqft studio in LA is 600k.

Lol at comparing the two.
Perhaps a link to those mansions for $350K?
I just looked, saw several home at 350K that were in the 1000 to 1200 sq ft range
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Old 08-27-2019, 03:46 AM
 
Location: los angeles county
1,763 posts, read 2,047,091 times
Reputation: 1877
well, 1200sf is like a mansion... compared to a 530sf studio.

it's all relative.

One guy's mansion is another guy's crapshack.
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Old 08-27-2019, 09:19 AM
 
Location: San Diego, CA
3,416 posts, read 2,457,198 times
Reputation: 6166
Quote:
Originally Posted by JJonesIII View Post
Amazing. How many of these same threads is he going to start by just changing the city?

Terms of Service

Do not post the same message to multiple forums, this is cross-posting and multiple posts will be removed

//www.city-data.com/forum/des-m...oines-los.html

//www.city-data.com/forum/new-h...geles-new.html

//www.city-data.com/forum/west-...raton-los.html

//www.city-data.com/forum/dalla...s-yes-you.html

How in the world can one person be moving to so many places? Sounds very troll-like to me.
You forgot his threads started about moving to San Diego, San Francisco, and Detroit as well.

//www.city-data.com/forum/san-d...here-live.html

//www.city-data.com/forum/san-f...ey-enough.html

//www.city-data.com/forum/michi...e-if-your.html
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Old 08-27-2019, 10:08 AM
 
Location: Redwood City, CA
15,250 posts, read 12,960,932 times
Reputation: 54051
Quote:
Originally Posted by JJonesIII View Post
Why in the world is a landlord beholden to a tenant?
In many ways, our relationship with our ex-tenants cast us as parents and them the children. They'd stop paying rent and then claim that they'd done some thing that was the adult equivalent of cleaning their room. One time they took me into the back yard and showed me all the patio furniture they'd bought with the rent money. "Look how we've improved the value of the property!"
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Old 08-27-2019, 05:52 PM
 
Location: los angeles county
1,763 posts, read 2,047,091 times
Reputation: 1877
Quote:
Originally Posted by fluffythewondercat View Post
"Look how we've improved the value of the property!"


did you give them the facepalm?
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