" I own a home"

[Dixon Cider]

10 year home loan is actually the best option. You make a higher payment and kill the interest or else you will hate your life.

 

[-G$-]

Sub

 

[No Homo]

I forget this is the Coli sometimes, reality is the average American retires around 65, on the Coli everyone is retiring before 45 because they're all real estate czars that have amassed a huge portfolio of buildings and land.

Hes not bsing. People just use homes as just that..homes. Others use it for the equity it can provide. Its just a philosophy. You're not going to retire right away but over time it will help you retire much earlier than most if done right.

 

[MJ Truth]

The fact of the matter is nobody really "owns" anything in this world, and everybody has their hands in your pockets.

 

[Field Marshall Bradley]

How? Ownership vs renting? This is really a debate?

Its always been a debate.... a valid one too

 

[Marl0 Stanfield]

Hear brags like that bullshyt too often yo unless your mortgage is paid off you're essentially paying to the bank. Then once it's paid off you still pay taxes and they'll take that shyt and throw you in jail if you don't pay up. The ownership scam brehs pay into it until you're to old and end up dying in that shyt making it an over priced coffin

A home is a potential investment, motherfukker. You can easily build equity in it and flip it. You can't build motherfukking equity in a rental, without subletting. And that's a stupid fukking move because you're already paying a 50-hunnet thousand trilli0n% mark up with the rent compared to the mortgage payment on the property.

Even if you buy a home to keep, at any time you can sell it/rent it out if you need cash. There are myriad things a homeowner can do with their investment. At the end of the day it is an investment, if you're going into real estate with the mentality of a nomad trying to find shelter, your ass is bound to drizzown.

 

[-G$-]

i'm learning a lot aboot home ownership from this thread, thanks guys.

 

[The Bilingual Gringo]

i'm learning a lot aboot home ownership from this thread, thanks guys.

I AGREE, EVERYTHING HERE IS MAKING SO MUCH SENSE. CAN YOU OFFER ANY ADVICE TOO?

PLZ RESPAWN

 

[Primetime21]

You giving away the cheat codes bruh


I see more and more young New Yorkers like when it comes to buying homes, who the fukk wants a $520,000 house like this -

That's on Warburton in Yonkers, if you know Yonkers Warburton is pure shyt

Northeast cats losing you can get nice brand new home under 200k down south

 

[-G$-]

I AGREE, EVERYTHING HERE IS MAKING SO MUCH SENSE. CAN YOU OFFER ANY ADVICE TOO?

PLZ RESPAWN

 

[R.E.N. Spells Ren]

A lot of ignorance in here

In general owning >> renting if you are going to be settled in place for a long time.

 

[Rawtid]

"Re-Spawn"

 

[BlackBall]

A home is a potential investment, motherfukker. You can easily build equity in it and flip it. You can't build motherfukking equity in a rental, without subletting. And that's a stupid fukking move because you're already paying a 50-hunnet thousand trilli0n% mark up with the rent compared to the mortgage payment on the property.

Even if you buy a home to keep, at any time you can sell it/rent it out if you need cash. There are myriad things a homeowner can do with their investment. At the end of the day it is an investment, if you're going into real estate with the mentality of a nomad trying to find shelter, your ass is bound to drizzown.

Breh not on Long Island the taxes alone got you in a choke hold

 

[Kamikaze Revy]

You will ALWAYS pay taxes. Might as well put your money into something you can flip for a profit. I bought a house 3 years. Today the house is worth $60k more. After banking fees I get a check cut in my name for $50k. But spend your money how you want. There's no worse blind man than one who chooses not to see.

 

[Taadow]

The real eye opener is that you never truly own anything, your time on this planet is finite, so "ownership" only exists in your mind. We getting real philosophical out chea.

Real chit.

Everybody is just "renting" everything that they have.

...but it's Friday, everybody get down.