50 homeless gfyers
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Originally posted by rayadp05 -
i rent. i plan on owning in the next 2-3 years.
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Me too, at the moment I'm selling my properties since the market is so good, But as soon as interest rates double, I'll be buying out all those home owners who can no longer afford the mortgage.Originally posted by AWW - Kevin
i hope intrest rates go up
Buy cheap, sell high.Social profile assassination for hireComment
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Condos skyrocketed in price 3 years ago here in Ottawa. I bought my house 4 years and was renting a condo before hand that sold for $63K. That same condo now sells for $129.Originally posted by evildick
I was wondering about this myself. I have a chance to buy a two bedroom condo in a small town for less than $60,000 Canadian.
Charge $500 a month rent and this will cover the mortgage and taxes and still leave me with a profit, but not if I can't keep it filled.
Almost anyone can buy a house with just 5% down, and there are plenty around here for way less than $100,000.
So for renters I am either going to be looking at welfare cases, single mothers on mother's allowance, or people that can't hold down a job for whatever reason. That's if I can even keep it filled at all.
Anytime you can buy and rent it out covering cost (positive cash flow) do it providing you make enough to cover the payments for a month or two in case someone screws you. In the end you will come ahead!!Fcuk Cash - Backroom Casting Couch, ExCoGi, BlackAmbush
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I currently own, but if I wasn't already in the market I'm
not sure I would buy at the moment. Prices here in the
vancouver area have gone up a fair bit over the last while
and in a lot of cases its a lot cheaper to rent.
- jpokerhttp://www.bigboobdreams.com
Big Juicy Healthy BoobsComment
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Bought my home 4 years ago and now it's worth more than double what I payed for it, got close to 100k in equity!Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about thatComment
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I rent right now, not because I can't afford a house though. Living with 2 (soon to be 3) college friends and I don't wanna see parties at a nice new house if I were to buy.
Also not sure where I will be after the next few years so holding off and just saving / investing the money.Comment
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a rich girlfriend!Originally posted by DrinkingHard
You live with your mom?
What is the other option? LOL!
DH
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own.....but i just sold itComment
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Rent a awsome 2 bedroom beach condo and rite off almost half it as a office. Even though it's a music studio too.
Like the desert needs the rain
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yep, lifestyle choice... rent cars and housesOriginally posted by DrinkingHard
Is it a lifestyle choice? Are you just not ready to settle down with that kind of commitment?
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Bought a place here in Long Beach California, finally have a place to call "home". The appraisal came in at $60,000 over what I paid for it. Not bad a bad days workCelebPay: Promote Celebrity Reviews
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Wow is that thing bullet proof?Originally posted by ThePornPusher
Why own or rent?
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Nice landscape.Originally posted by SleazyDream
<img src=http://www.sleazydream.com/banners/yard/021.jpg>
someday i hope to own it.Comment
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I rent, but should own. Will probably buy something soon.
Here in NJ real estate is REAL HIGH!
My 1500 sq ft appt it $1950 a month plus all utilities.
I'm a dumbass, but too lazy to pack all my shit up to move.Comment
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Its time now to build your warchest when it is time to buy the country back for pennys on the dollar.
It's a cycle ....
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No a lot will be living in a place they are buying, the bank "owns" it.Originally posted by candyflip
Everyone either rents or owns, no?
We OWN our house lock stock and barrel.
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Rent. I like to move every couple of years so there is no point in buying - would just be a hassle to go through all the bullshit of listing for sale and selling just to make a few bucks. Also, makes someone else responsible for paying to fix stuff when shit happens.Comment
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ownSig heil
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I will rent next year, when I'm planning to left living with my lovely-freaky parents ..bleh.
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Mortgage application:
Occupation: Adult Webmaster
Wonder how that would fly?
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In a house right now. Between the two of us, ~7 computers.
House = yardwork. Forgot how much effort that was, been living in condos.Comment
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Where abouts are you located Evil Dick?Originally posted by evildick
I was wondering about this myself. I have a chance to buy a two bedroom condo in a small town for less than $60,000 Canadian.
Charge $500 a month rent and this will cover the mortgage and taxes and still leave me with a profit, but not if I can't keep it filled.
Almost anyone can buy a house with just 5% down, and there are plenty around here for way less than $100,000.
So for renters I am either going to be looking at welfare cases, single mothers on mother's allowance, or people that can't hold down a job for whatever reason. That's if I can even keep it filled at all.
DHComment
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Good shit man, I will definetely drop by and check it out!Originally posted by Nifield
Just bought a 2 bedroom 3 bathroom 1500 sq ft townhouse in november, i'm loving it, you should come by next time your in vancouver DH we'll party it up.
I am still hot to buy in Vancouver as well, you just can't beat the market out there! Come 2010 the real estate market is going to be ridiculous!
DHComment
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I'm almost a homeowner - we start building within a couple of weeks...
How are the home loan interest rates in North America at the moment? In Australia they're floating around about 7%, which is higher than a couple of years ago, even a couple of months ago. Some people tell me that interest rates were 15%+ in the 1980s here so I shouldn't complain.
The weekly repayment on our house ends up being a bit higher than if we were renting a similar place, but (hopefully) we'll make up for that at selling time due to market prices. For example, the value of our vacant block of land has already gone up by about 20-25% since we acquired it.Comment
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Do you fellow "non salary earner" people like myself ever have issues when applying for a loan? I needed to supply some extra tax docu<b></b>ments but it was relatively easy this time... for my car loan they wanted extra shit like profit and loss statements, and this was when I was putting down a 40% deposit!Comment
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A accountant will draw up a profit and loss up for about $250, I get one every quarter so it works the same as a income for loans.
I am thinking about opening a club in huntington Beach but i should probably buy a house instead.
Shot though you are stuck when you buy a house and interest is murder.Like the desert needs the rain
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I own my house, but the bills are still really big (heating, electricity and so on).80% Revshare or 30$ PPS on $1 trials: 200 Niches = Vidz.com Galleries / FLVs / Embeds
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I hate those cheap prices... I am downpaying for a 220K$ apartmentOriginally posted by evildick
I was wondering about this myself. I have a chance to buy a two bedroom condo in a small town for less than $60,000 Canadian.
Charge $500 a month rent and this will cover the mortgage and taxes and still leave me with a profit, but not if I can't keep it filled.
Almost anyone can buy a house with just 5% down, and there are plenty around here for way less than $100,000.
So for renters I am either going to be looking at welfare cases, single mothers on mother's allowance, or people that can't hold down a job for whatever reason. That's if I can even keep it filled at all.
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I plan on buying in the next two years, before the Olympics come here and the market gets totally out of hand....I just need a little someone to buy a place with....
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well new york is crazy right now. You got homes in shitty neighborhoods where i still would have to carry a gun for 500k,and semi attached homes in middle class neighborhoods for 700k-800kComment
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you'll know once you own your home and have $ in the bankOriginally posted by baddog
why?
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?Originally posted by pussyluver
Mortgage application:
Occupation: Adult Webmaster
Wonder how that would fly?
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I want this house:
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I live with mommy in a half-million dollar house.Comment
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Debt Collectors think they took my house back, Little do they know I'm locked in the bathroom closet with a wireless connection
BWHAHAHAHAHAAH
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I rent. Interest rates are huge here in Brazil
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About 45 minutes West of London, Ontario. The renter market isn't the best around here. I might be better off buying something in the city to rent out to people, but this condo would be nice because it is only 10 minutes away from me.Originally posted by DrinkingHard
Where abouts are you located Evil Dick?
DHComment
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Usually 3 year's worth of tax returns is good enough for most of them.Originally posted by rowan
Do you fellow "non salary earner" people like myself ever have issues when applying for a loan? I needed to supply some extra tax docu<b></b>ments but it was relatively easy this time... for my car loan they wanted extra shit like profit and loss statements, and this was when I was putting down a 40% deposit!Comment
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U guys don't know how lucky you are, I own my own place, however here in Sydney your LUCKY to find a unit/ condo for 500k. the area I live in average price is now 1 million and its not the best / most expensive area by far.Comment
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Yea, that's so true... you gotta be a milliuonaire to even have a decent life in NY! The cost of living is outgragous!! I grew up in NY for 26yrs, then moved to the Midwest. Got my own house and about to buy another property and rent it outOriginally posted by bigdog
well new york is crazy right now. You got homes in shitty neighborhoods where i still would have to carry a gun for 500k,and semi attached homes in middle class neighborhoods for 700k-800k
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So you only make money if you move out of Sydney, right?Originally posted by MrBaldBastard
U guys don't know how lucky you are, I own my own place, however here in Sydney your LUCKY to find a unit/ condo for 500k. the area I live in average price is now 1 million and its not the best / most expensive area by far.
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yeah very crazy, you got homes in bayside and littleneck selling for a million dollarsOriginally posted by sweetcuties
Yea, that's so true... you gotta be a milliuonaire to even have a decent life in NY! The cost of living is outgragous!! I grew up in NY for 26yrs, then moved to the Midwest. Got my own house and about to buy another property and rent it outComment
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I own my home and while I feel it was a great investment, I'm sure I would have already left the area if I was a renterComment
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it flyed well 4 years ago..Originally posted by pussyluver
Mortgage application:
Occupation: Adult Webmaster
Wonder how that would fly?
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In a house right now. Between the two of us, ~7 computers.
House = yardwork. Forgot how much effort that was, been living in condos.Comment
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Nice dude, I thought we might be neighbours.Originally posted by evildick
About 45 minutes West of London, Ontario. The renter market isn't the best around here. I might be better off buying something in the city to rent out to people, but this condo would be nice because it is only 10 minutes away from me.
DHComment
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Originally posted by Bigjohn
Own... no sense in buying someone else a house.333-765-551Comment
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the cost of living here in LA is completely insane..but for a young man like myself who loves the arts scene and loves going out its second to none..plus the porn scene here makes it worth itSig heil
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