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Posts posted by serpentracer
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but all of that is returned to you. especially because of inflation etc..
the only thing you get returned to you renting is nothing. you don't own a damn thing.
when I pay off my house, I own it. if I sell it that's 100% profit. I'll be getting all of my money plus some. as long as it's not a dump.
houses don't depreciate like a car or something if you don't fuck it all up etc..
and make improvements. it all adds value.
and updated kitchen could cost you $5k, but the appraiser says it added 12k in value, that's a 7k return on a 5k investment. how is that not smart?
all experts agree, owning a home is NOT a waste of money renting IS.
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do you know how it works. nope
you will have a thing called equity.
pretend you bought a house for 75k. you made 10k in improvements. now you are down 85k. you sell it for 100k. you just made 15k
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it's not what I say it's how it works. if you bought something that didn't return money back to you, you made a bad choice in a house.
about the only ones you cannot make money back on are a mobile/modular home.
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when will they stop?, when we quit buying it. and that will be NEVER.
which is one reason I quit my job that was 25 miles one way. now I drive 5.
I'm saving myself over $125 a month. and useless miles on my truck that depreciates the value.
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todd, you just don't understand the way things work.
go do some research.
you are putting money back into your own pocket. not someone else's. that's all I'm going to say about this subject....
oh, if you are going to quote posts, make sure you get it all and understand all of the arguments first.
I can't help it if you just don't undestand the way things work. some people can make millions out of nothing. others just sit back and tell them it won't work. you seem to be that guy.
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you know what I'm trying to say damn it:drink:
ok, you show me a real estate investor that is poor...does the name Donald Trump ring a bell? sure the average person isn't looking into that aspect but you get the idea.
so why do you think throwing your money away on rent is better than buying a house? that's foolish my friend. if you are paying on your house, you are putting that money back into your pocket. not into someone else's. in the long run you have something to show for it. and if you sell it for profit guess what? you just got everything you put into it back plus extra. that's smart. that's making your money work for you.
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So, was it a good investement for the guy that's selling his $150,000 house for $75,000?
I thought the purpose of an investment was to make money???
it's like the stock market. some days your stock isn't worth squat other days it's worth more than you paid.
my question is why is so many homes up for sale? it's not like people are losing jobs left and right and unemployment is high.
buying right now would be smart. selling is not.
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damn dude that does look kick ass! I never would have never thought they could get up and go that good.
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maybe if it was a female
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is that channel 7 from dayton?
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you're confusing unemployment benefits with welfare. to qualify for welfare, a person's income must fall within a certain % of the poverty line.
I totally understand the frustration with the current system - it's not enforced properly
either way the system allows these people to NOT have to work. and we are buying all their food.
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loose battery connection?
btw, battery manufactures caution against using battery tenders for extended periods of time and keeping a battery inside makes it lose it's charge FASTER.
http://www.yuasabatteries.com/faqs.asp?action=1&id=8
so basically, charge it once per month and keep it in the cold.
and the top 3 things to kill a battery,
1. heat
2. over charging
3. not using it
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oh man that's funny as hell.
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what I really need is a 4 wheeler or dirtbike. something to ride in the mud and snow:badgerrock:
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welfare is fine if it were used and given out for what it was intended. say if someone looses their job or something. But it's abused to hell.
for example, in cincy there is a poor neighborhood called price hill, I used to live close to the grocery store there, when I was buying my food, I would see people wearing nicer clothes than me and talking on a cell phone with a filled cart of food and pay with food stamps. that pisses me the hell off.
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the winter boredom has hit a all time high for me. even more than any previous year. I need some more hobbies. only one problem, I only seem to like things that cost a lot of money.
am I the only one?
I'm thinking of getting back into racing and playing with R/C cars. only not a toy kind but a real kind. specifically a 1/8 scale nitro powered buggy. but I don't want to spend the $600-$1000 to get everything to get started.
there is a track here in cincy I could race these. check out this video, doesn't that look cool as shit?
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^thats the whole point, isnt it? "giving" us money to spend to help the economy..oh well I need new gear, tires, chain, and some track days
it was YOUR money to begin with. the government doesn't have a job, you work for them.
and remember to work harder, someone on welfare is depending on you.
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this whole thing is just smoke and mirrors. they know they will be making back all of that $600 and some eventually. it's just a way for the gov to say see, everything is fine with the economy.. .now I can sleep at night.
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all the houses in my area are going for CHEAP. and I mean cheap! some of them would have listed for well above $150k and are asking only around $75k. it's a buyers dream come true. my uncle just got a loan for a house with no money down and 5.5% interest. his payments with insurance and tax's is $525 a month. it's incredible right now for a buyer.
buying a house is never a bad investment. you have to have a place to live. Why give your money for rent. you are throwing it away.
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Knock on there door and introduce your self...thats how we do it here anyway..
yeah and maybe he'll show you the barrel of a shotgun:D
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you have to choose to show later dates of posts...http://www.ohio-riders.net/forumdisplay.php?f=55
I choose to show from one year ago.
here is your thread,
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we'll see. it's probably like promotions for the lottery. they show and talk about all these people who win, but no one has ever met someone that did.
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a guy from the R6messagenet, @ deals gap..crazy mofo.
Why buying a house might not be a good investment afterall......
in Dumpster
Posted
man, you are the only person I've ever heard say renting is not a waste of money and buying a home is.