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^^^ Nice come back thanks for the in depth analysis
oh yea before i forget:
oh yea before i forget:
Rent Forever, Donât Buy A Home
- Thread in 'General' Thread starter Started by DCAllAfrican,
- Start date
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This whole debate really depends on your lifestyle. If you are young and can find a good deal on a rental property why not rent. Owning anything at a young age is very restrictive especially when you are unsure how you want to live. I dont even see myself buying a car anytime soon.
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This whole debate really depends on your lifestyle. If you are young and can find a good deal on a rental property why not rent. Owning anything at a young age is very restrictive especially when you are unsure how you want to live. I dont even see myself buying a car anytime soon.
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Originally Posted by jordanhendrix
renting is never "better" than owning, the idea is that what you can do with the extra money from renting cheap.....IE invest it in better vehicles.....your in the mortgage industry you know that there are other investments right? What the hell is so hard to understand. Yes having a tangible asset is better than not, I'm not saying rent forever....rent until you can buy a house in cash. Rent so you can put that money to better work than a house....damn you dense sometimes
217k to 550k is a 333k profit in ~14 years....it took your mom ~14 years to see a 153% return.....could have made more somewhere else....its 11% per year return. And NYC is a GREAT market.....so that 11% is no where near most areas. Get IT?
I know you wont care about the following: I am up 169% on one stock THIS YEAR, that 4 months. Any "smart individual" would ask you to look up the term opportunity cost.
this has to be the dumbest break down in history. yeah could have made more money somewhere else like where? where have u been blessed with making g's? would love to hear this
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Originally Posted by jordanhendrix
renting is never "better" than owning, the idea is that what you can do with the extra money from renting cheap.....IE invest it in better vehicles.....your in the mortgage industry you know that there are other investments right? What the hell is so hard to understand. Yes having a tangible asset is better than not, I'm not saying rent forever....rent until you can buy a house in cash. Rent so you can put that money to better work than a house....damn you dense sometimes
217k to 550k is a 333k profit in ~14 years....it took your mom ~14 years to see a 153% return.....could have made more somewhere else....its 11% per year return. And NYC is a GREAT market.....so that 11% is no where near most areas. Get IT?
I know you wont care about the following: I am up 169% on one stock THIS YEAR, that 4 months. Any "smart individual" would ask you to look up the term opportunity cost.
this has to be the dumbest break down in history. yeah could have made more money somewhere else like where? where have u been blessed with making g's? would love to hear this
unbornseed
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I mean, your post was like the most moronic thing in this thread. Thats as in-depth of an analysis that one can give.Originally Posted by jordanhendrix
^^^ Nice come back thanks for the in depth analysis
oh yea before i forget:
unbornseed
Banned
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I mean, your post was like the most moronic thing in this thread. Thats as in-depth of an analysis that one can give.Originally Posted by jordanhendrix
^^^ Nice come back thanks for the in depth analysis
oh yea before i forget:
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^^^ Thank you! NT read one thing and drives it into the ground lol.
Sometimes I forget that on the other end of this prob some 18 year old with no savings.
Sometimes I forget that on the other end of this prob some 18 year old with no savings.
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^^^ Thank you! NT read one thing and drives it into the ground lol.
Sometimes I forget that on the other end of this prob some 18 year old with no savings.
Sometimes I forget that on the other end of this prob some 18 year old with no savings.
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Ownership over renting IMO.
Financial Freedom is the real return on your investment, not what the housing market says that your property is worth.
Financial Freedom is the real return on your investment, not what the housing market says that your property is worth.
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Ownership over renting IMO.
Financial Freedom is the real return on your investment, not what the housing market says that your property is worth.
Financial Freedom is the real return on your investment, not what the housing market says that your property is worth.
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I dont really see a 40 yr mortgage equaling financial freedom ESPECIALLY to someone young (which most of us are). Like I said in my earlier post it is a situation by situation thing.
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I dont really see a 40 yr mortgage equaling financial freedom ESPECIALLY to someone young (which most of us are). Like I said in my earlier post it is a situation by situation thing.
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so no feedfback on what has made you the successful person you claim to be? exactly what i thought sit in the corner
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so no feedfback on what has made you the successful person you claim to be? exactly what i thought sit in the corner
unbornseed
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I think most of us are on 30 yr mortgages. I pay mine as if it was a 15 yr when I can. Make 169% on penny stocks all you want. I'll take the long term appreciation and make sure my kids are taken care.
unbornseed
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I think most of us are on 30 yr mortgages. I pay mine as if it was a 15 yr when I can. Make 169% on penny stocks all you want. I'll take the long term appreciation and make sure my kids are taken care.
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Please show where I brag about being a successful person.... Reaching
You mad cause your argument is getting squashed left and right
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Please show where I brag about being a successful person.... Reaching
You mad cause your argument is getting squashed left and right
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How old are you btw? I just dont see how it makes any sense for anyone who is not ready to settle down to own a home. Especially with how many ways their are to make money in America I just dont see owning a home as being that great of an investment for a young person. It really limits your options in life and there are so many things that can happen when owning a home that you are liable for it should really only be reserved for those who are 100% ready for that leap (which it is a leap not a step).
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How old are you btw? I just dont see how it makes any sense for anyone who is not ready to settle down to own a home. Especially with how many ways their are to make money in America I just dont see owning a home as being that great of an investment for a young person. It really limits your options in life and there are so many things that can happen when owning a home that you are liable for it should really only be reserved for those who are 100% ready for that leap (which it is a leap not a step).
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No penny stocks here bra
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No penny stocks here bra
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Originally Posted by jordanhendrix
No penny stocks here bra
I kid. I see you spread out there though
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Originally Posted by jordanhendrix
No penny stocks here bra
I kid. I see you spread out there though
