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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 |
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. |
Rent until I can save enough money for the 100% down home-buying plan. :)
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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!
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Own...
And building a lovely new house this spring :thumbsup |
own
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rent would rather put the money back into the business.
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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..... |
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Own, with the intention of acquiring more real estate aside from primary residence soon.... |
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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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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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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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.
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Own, mortgage free for over a year.
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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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