Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
When you sign the contract, you need to include the phrase, to be remodeled "only when I'm in the shower"
I'm planning to get that jetblue yearly flying pass, which they recently introduced. I can fly in any number of times, even if the remodeling takes years
You're sounding a bit Capt. Dan-ish there, my friend.
When you rent a home you're just paying someone else's mortgage. What's the difference?
Oh, the difference is, I bought my house after the previous owner foreclosed, I got an amazing deal, and once housing and land values start going up (we all know they will), I'll be taking my $100k+ profit the bank, laughing the entire way.
AND I can guarantee my mortgage payment is less than your rent payment.
Oh yeah, and when the owner of your rental goes into foreclosure, you'll be kicked out of your "home" with a mere 30 days notice...just so you can go off and find someone else's mortgage to pay.
It's incredibly naive to think you're completely debt free when you rent a house. If that was the case, you could go the rest of your life never giving anyone a red cent, but no, you have to continue shelling out that rent payment, month after month...
OR, you could buy a home, make extra payments, and have it paid off in no time, which means the only payment you have to shell out is your property tax every year (from that nice big chunk of $100k in my bank account).
Who's got the most freedom now??.
Mortgage debt is good debt. I'd be more than delighted to date someone with a mortgage. It shows responsibility, accountability, stability, and commitment.
The difference is that I'm not in "debt" for tens of thousands of dollars, and I'm not responsible if--say--the roof comes off. Were I to choose to move in with a girlfriend, I just stop paying rent here. Period. If something happens to the apartment I'm living in, I'm not liable for the damages. (Talking about something like fire damage or storm damage).
I'd rather hand somebody part of my monthly pay than be in debt, of any kind. When I went to college, I paid cash up front. No loans.
The difference is that I'm not in "debt" for tens of thousands of dollars
Who cares the amount. Unless you're paying for your 1 year lease up front, you're in debt to the landlord.
Yes, there are major expenses associated with owning a house, the key is that in the end, you still come out ahead. I save money every month by owning, which I then stock away in my savings account for the day that something DOES go wrong. Things you do to fix your house will only increase the value. It's not like putting $5k to a new roof is $5k you'll never see back. Throwing $5k towards your landlord for a measley 6 months worth of rent is something you will NEVER see back.
If you own a home and have the proper insurance, you're not liable for fire or flooding damage, either.
No--because, as I said, if I want to leave, I simply stop paying. I feel no obligation to pay someone for a place I'm not living in, sorry. That's better than losing my home and investment for an INABILITY to pay.
Who cares the amount. Unless you're paying for your 1 year lease up front, you're in debt to the landlord.
Yes, there are major expenses associated with owning a house, the key is that in the end, you still come out ahead. I save money every month by owning, which I then stock away in my savings account for the day that something DOES go wrong. Things you do to fix your house will only increase the value. It's not like putting $5k to a new roof is $5k you'll never see back. Throwing $5k towards your landlord for a measley 6 months worth of rent is something you will NEVER see back.
If you own a home and have the proper insurance, you're not liable for fire or flooding damage, either.
Living in Florida, I find this to be completely false. You have to pay upfront to fix any damage to your home--IF you have the money. And your insurance company MAY reimburse you. Unless they have thousands of claims across the state.
You're not going to see money back unless you SELL the home you're living in. But wasn't the whole point of buying a home to have a place to live?
No--because, as I said, if I want to leave, I simply stop paying. I feel no obligation to pay someone for a place I'm not living in, sorry. That's better than losing my home and investment for an INABILITY to pay.
Yep, sounds like you've got it made--bouncing from house to house, never settling down and creating a home for yourself, all for the sake of sticking it to 'Ole Uncle Sam. Good luck with that.
Nothing about what you have said recently shows commitment, responsiblity, accountability, or stability. Personally I'd rather live in a nice home that I can call mine, than live the life of a hobo.
wasn't the whole point of buying a home to have a place to live?
So THAT is your mentality, that makes sense now. Of course it's not just a place to live in, it's an investment. Pay rent for 10 years or buy something that's going to give you back twice what you paid for it, and thereby allowing you to buy something else? Hmmm...
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
