If you live in a apartment then you lost
- Thread starter BlackEfron
- Start date
$600 a month will get you a nice lil spot in Texas
Yeah $500-600 will get you a straight place in Michigan or Ohio.
My rent 480.
I'm just walking in the working force.
Take your opinion and shove it
I'm just walking in the working force.
Take your opinion and shove it
Cave Savage
Feminist
Nah I like it
And you can buy an apartment, it's not only rentals
And you can buy an apartment, it's not only rentals
You're an idiot and you don't own a house.
AquaCityBoy
Veteran
Make threads like this as if we're not still recovering from the housing market crash, brehs.
Heafcliffe
Hope there's puddin' in the clink...
Grew up in a house (for 21 years)
Graduated and lived in apts (for 10 years)
Bought a house 2 years ago in DC. At times, I kinda miss the "call the maintenance man" lifestyle but I thoroughly enjoy homeownership despite the halo of potential issues. No one tell my wife and I shyt about what we can't do.
Envisioning my future kids running in the wraparound yard is simply
. Knowing/ Seeing our neighborhood develop into a profitable area.
Graduated and lived in apts (for 10 years)
Bought a house 2 years ago in DC. At times, I kinda miss the "call the maintenance man" lifestyle but I thoroughly enjoy homeownership despite the halo of potential issues. No one tell my wife and I shyt about what we can't do.
Envisioning my future kids running in the wraparound yard is simply. Knowing/ Seeing our neighborhood develop into a profitable area.
You know an apartment gives you a chance to save for a House right?
BlackEfron
BlackieRobinson
Living under another mans rules
Might as well call him master
- blackierobinson
Might as well call him master
- blackierobinson
Jean Jacket
NOPE
I really hate being in debt, and a house is basically a life long debt...I don't see the appeal unless you can outright buy the house. I guess I'm working on it
The right priced house is an asset. I'm sure you know what equity is. Take some time and learn about 15 year fixed mortgages. You will probably pay less than average rent, and you will have options to rent that house out for a profit. Home ownership is a key element of building generational wealth... Just read about it breh. Don't let people make you stay ignorant. Then make the right moves.
posterchild336
Superstar
I really hate being in debt, and a house is basically a life long debt...I don't see the appeal unless you can outright buy the house. I guess I'm working on it
you need to do research to see how a house can really work in your benefit...
just to expand on my earlier post, over the years, i've came to the conclusions that it ultimately depends on your needs but generally, i think that if you have a spouse and multiple children, you might be better off with a house.
if you're single, you might as well get an apartment and take the extra cash from lower rent vs mortgage + taxes +costs of maintenance, take all that cash and invest it. the key word is discipline. you actually have to take all these savings and invest them (something most people don't do). the flip side to that is, buying a house when you can barely afford it puts you in a dangerous situation. once you have a mortgage, you gotta make those payments. if you don't you could be fukked. if you solely depend on your job to make those payments, you're pretty much stuck at that job until you find a better one (which has to be close enough to your house). get a divorce, chances are you'll get fukked (male or female, either way). sure, you could sell but who's to say it's gonna be the right timing for the market? then you're fukked again. but i'm not gonna go as far as saying buying is not the way to go. if you find a super good deal and are good at renovations, you might come out ahead by buying. there's no right answer. it depends on your circumstances, the market, your personal needs and goals and how much flexibility you need.
if you're single, you might as well get an apartment and take the extra cash from lower rent vs mortgage + taxes +costs of maintenance, take all that cash and invest it. the key word is discipline. you actually have to take all these savings and invest them (something most people don't do). the flip side to that is, buying a house when you can barely afford it puts you in a dangerous situation. once you have a mortgage, you gotta make those payments. if you don't you could be fukked. if you solely depend on your job to make those payments, you're pretty much stuck at that job until you find a better one (which has to be close enough to your house). get a divorce, chances are you'll get fukked (male or female, either way). sure, you could sell but who's to say it's gonna be the right timing for the market? then you're fukked again. but i'm not gonna go as far as saying buying is not the way to go. if you find a super good deal and are good at renovations, you might come out ahead by buying. there's no right answer. it depends on your circumstances, the market, your personal needs and goals and how much flexibility you need.