do you rent or own your home?

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  • brand0n
    been very busy
    • Nov 2002
    • 26983

    #1

    do you rent or own your home?

    just wondering what % rent vs who owns

    im buyin my 1st home the 1st of the year so right now im renting
    want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.
  • some_idiot
    Confirmed User
    • May 2002
    • 1511

    #2
    Own.

    Don't let anyone tell you it's cheaper than renting though.
    People always forget the land taxes, and extras that renters
    don't pay. Atleast I've got something to show for my money
    though.

    This AVS pays my mortgage!

    Comment

    • Tala
      Fucked if I know
      • Dec 2002
      • 23368

      #3
      Rent until I can save enough money for the 100% down home-buying plan.

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      • Rick O'Shea
        Registered User
        • Oct 2003
        • 40

        #4
        We just purchased a new 2700 sq foot home with an in ground pool and spa. Its a lot of room for us but the house allows us to use it as a very large studio/office and nothing beats real estate investment wise!
        SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

        Comment

        • MuleScrote
          Confirmed User
          • Dec 2002
          • 4601

          #5
          Own...

          And building a lovely new house this spring
          ICQ 78681003

          Comment

          • baddog
            So Fucking Banned
            • Apr 2001
            • 107089

            #6
            own

            Comment

            • baddog
              So Fucking Banned
              • Apr 2001
              • 107089

              #7
              Originally posted by Tala
              Rent until I can save enough money for the 100% down home-buying plan.
              are you nuts? why wait until you can pay cash? Home interest is a great tax write off for middle income families

              Comment

              • baddog
                So Fucking Banned
                • Apr 2001
                • 107089

                #8
                Originally posted by some_idiot
                Own.

                Don't let anyone tell you it's cheaper than renting though.
                People always forget the land taxes, and extras that renters
                don't pay. Atleast I've got something to show for my money
                though.
                you must have just bought then, because my house payments have always been lower than the local rent, except for maybe the first 6 months of my first home. Even then it was pretty close.

                Comment

                • tony299
                  lurker
                  • Aug 2002
                  • 57021

                  #9
                  rent would rather put the money back into the business.

                  Comment

                  • SleazyDream
                    I'm here for SPORT
                    • Jul 2001
                    • 41470

                    #10
                    4% mortage - I just re financed my home to 70% of assessed value and dumped it into investment funds. the funds are 100% capital guarenteed in 10 years - no risk other the on the interest on the mortage.

                    nice to get a 4% loan to play the market with.....
                    This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!

                    Now read without the word dog.

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                    • gornyhuy
                      Chafed.
                      • May 2002
                      • 18041

                      #11
                      Originally posted by SleazyDream
                      4% mortage - I just re financed my home to 70% of assessed value and dumped it into investment funds. the funds are 100% capital guarenteed in 10 years - no risk other the on the interest on the mortage.

                      nice to get a 4% loan to play the market with.....
                      Same here - 4.25% so sweeeet.
                      Own, with the intention of acquiring more real estate aside from primary residence soon....

                      icq:159548293

                      Comment

                      • BradShaw
                        Confirmed User
                        • Oct 2001
                        • 7840

                        #12
                        Rent is rarely a wise move. I rented in AZ a while back, of course I was not sure how long I would be there, so it was a good choice.
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                        • CDSmith
                          Too lazy to set a custom title
                          • May 2001
                          • 51460

                          #13
                          My home has been OWN3D by me since '95. I also own rental property, which I highly recommend getting into. If run correctly it is a great source of ongoing income.
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                          • baddog
                            So Fucking Banned
                            • Apr 2001
                            • 107089

                            #14
                            Originally posted by CDSmith
                            My home has been OWN3D by me since '95. I also own rental property, which I highly recommend getting into. If run correctly it is a great source of ongoing income.
                            now those can be some reliable rebills.

                            Comment

                            • PersianKitty
                              Meow Media Inc.
                              • Jul 2001
                              • 7785

                              #15
                              Own.. and all mine in January. Interest write-off doesn't help me enough to bother with a loan any more.

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                              • ItBurnsWhenIpee
                                Confirmed User
                                • Jan 2003
                                • 1288

                                #16
                                I rent an apartment because in sourthern california if you want to pay a $1300 a month (my rent) mortgage, you're going to be in a shithole house.
                                Last edited by ItBurnsWhenIpee; 12-24-2003, 09:29 PM.

                                Comment

                                • Vox
                                  Confirmed User
                                  • Mar 2002
                                  • 2710

                                  #17
                                  Own, mortgage free for over a year.
                                  Social profile assassination for hire

                                  Comment

                                  • shepherd
                                    Registered User
                                    • Dec 2003
                                    • 424

                                    #18
                                    Own 2, live in one and the other is rented, sold another and financing it for a little cash-flow. Planning to get another one or two this year (2004)

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