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April 13, 2011 at 4:02 PM #687579April 13, 2011 at 4:04 PM #686415
(former)FormerSanDiegan
Participant[quote=Scarlett]What about maintenance of the home – how much should one put aside monthly for this stuff? If he is buying in Poway, or PQ, it could be house that’s built in 70s and have enough deferred maintenance and other ongoing issues.[/quote]
Zero $. As a homeowner, mainrtenance becomes your new hobby, so you are essentially replacing your current expensive hobbies and travel (like say a twice-yearly ski trip to Utah or Mammoth) with painting, replacing water heaters and other fun houshold maintenance projects.
April 13, 2011 at 4:04 PM #686471Participant[quote=Scarlett]What about maintenance of the home – how much should one put aside monthly for this stuff? If he is buying in Poway, or PQ, it could be house that’s built in 70s and have enough deferred maintenance and other ongoing issues.[/quote]
Zero $. As a homeowner, mainrtenance becomes your new hobby, so you are essentially replacing your current expensive hobbies and travel (like say a twice-yearly ski trip to Utah or Mammoth) with painting, replacing water heaters and other fun houshold maintenance projects.
April 13, 2011 at 4:04 PM #687090Participant[quote=Scarlett]What about maintenance of the home – how much should one put aside monthly for this stuff? If he is buying in Poway, or PQ, it could be house that’s built in 70s and have enough deferred maintenance and other ongoing issues.[/quote]
Zero $. As a homeowner, mainrtenance becomes your new hobby, so you are essentially replacing your current expensive hobbies and travel (like say a twice-yearly ski trip to Utah or Mammoth) with painting, replacing water heaters and other fun houshold maintenance projects.
April 13, 2011 at 4:04 PM #687231Participant[quote=Scarlett]What about maintenance of the home – how much should one put aside monthly for this stuff? If he is buying in Poway, or PQ, it could be house that’s built in 70s and have enough deferred maintenance and other ongoing issues.[/quote]
Zero $. As a homeowner, mainrtenance becomes your new hobby, so you are essentially replacing your current expensive hobbies and travel (like say a twice-yearly ski trip to Utah or Mammoth) with painting, replacing water heaters and other fun houshold maintenance projects.
April 13, 2011 at 4:04 PM #687584Participant[quote=Scarlett]What about maintenance of the home – how much should one put aside monthly for this stuff? If he is buying in Poway, or PQ, it could be house that’s built in 70s and have enough deferred maintenance and other ongoing issues.[/quote]
Zero $. As a homeowner, mainrtenance becomes your new hobby, so you are essentially replacing your current expensive hobbies and travel (like say a twice-yearly ski trip to Utah or Mammoth) with painting, replacing water heaters and other fun houshold maintenance projects.
April 13, 2011 at 4:07 PM #686420Participant[quote=Scarlett]Good point, sdduuude! Esp. about the higher rates and lower prices. That’s what we are waiting for. Seriously, are they going to ever let those rates go really UP? When?
[quote]
While it may be true that buying at lower prices and higher rates is better than at higher prices and lower rates I have found no practical way to implement such a strategy without using a time machine or at a minimum a seat on the Federal Reserve Board.
April 13, 2011 at 4:07 PM #686476Participant[quote=Scarlett]Good point, sdduuude! Esp. about the higher rates and lower prices. That’s what we are waiting for. Seriously, are they going to ever let those rates go really UP? When?
[quote]
While it may be true that buying at lower prices and higher rates is better than at higher prices and lower rates I have found no practical way to implement such a strategy without using a time machine or at a minimum a seat on the Federal Reserve Board.
April 13, 2011 at 4:07 PM #687095Participant[quote=Scarlett]Good point, sdduuude! Esp. about the higher rates and lower prices. That’s what we are waiting for. Seriously, are they going to ever let those rates go really UP? When?
[quote]
While it may be true that buying at lower prices and higher rates is better than at higher prices and lower rates I have found no practical way to implement such a strategy without using a time machine or at a minimum a seat on the Federal Reserve Board.
April 13, 2011 at 4:07 PM #687236Participant[quote=Scarlett]Good point, sdduuude! Esp. about the higher rates and lower prices. That’s what we are waiting for. Seriously, are they going to ever let those rates go really UP? When?
[quote]
While it may be true that buying at lower prices and higher rates is better than at higher prices and lower rates I have found no practical way to implement such a strategy without using a time machine or at a minimum a seat on the Federal Reserve Board.
April 13, 2011 at 4:07 PM #687589Participant[quote=Scarlett]Good point, sdduuude! Esp. about the higher rates and lower prices. That’s what we are waiting for. Seriously, are they going to ever let those rates go really UP? When?
[quote]
While it may be true that buying at lower prices and higher rates is better than at higher prices and lower rates I have found no practical way to implement such a strategy without using a time machine or at a minimum a seat on the Federal Reserve Board.
April 13, 2011 at 4:30 PM #686445an
Participant[quote=FormerSanDiegan]
Zero $. As a homeowner, mainrtenance becomes your new hobby, so you are essentially replacing your current expensive hobbies and travel (like say a twice-yearly ski trip to Utah or Mammoth) with painting, replacing water heaters and other fun houshold maintenance projects.[/quote]
I totally agree with this. I’ve repainted the master bedroom 3 times, the other 2 rooms 2 times, replacing appliances before they’re broken (tax credit), upgrading stuff to my liking. So, in term of pure maintenance, I’ve spent $0 over the last 2 years but in term of upgrades, it’s a lot more than $0.April 13, 2011 at 4:30 PM #686501Participant[quote=FormerSanDiegan]
Zero $. As a homeowner, mainrtenance becomes your new hobby, so you are essentially replacing your current expensive hobbies and travel (like say a twice-yearly ski trip to Utah or Mammoth) with painting, replacing water heaters and other fun houshold maintenance projects.[/quote]
I totally agree with this. I’ve repainted the master bedroom 3 times, the other 2 rooms 2 times, replacing appliances before they’re broken (tax credit), upgrading stuff to my liking. So, in term of pure maintenance, I’ve spent $0 over the last 2 years but in term of upgrades, it’s a lot more than $0.April 13, 2011 at 4:30 PM #687120Participant[quote=FormerSanDiegan]
Zero $. As a homeowner, mainrtenance becomes your new hobby, so you are essentially replacing your current expensive hobbies and travel (like say a twice-yearly ski trip to Utah or Mammoth) with painting, replacing water heaters and other fun houshold maintenance projects.[/quote]
I totally agree with this. I’ve repainted the master bedroom 3 times, the other 2 rooms 2 times, replacing appliances before they’re broken (tax credit), upgrading stuff to my liking. So, in term of pure maintenance, I’ve spent $0 over the last 2 years but in term of upgrades, it’s a lot more than $0.April 13, 2011 at 4:30 PM #687261Participant[quote=FormerSanDiegan]
Zero $. As a homeowner, mainrtenance becomes your new hobby, so you are essentially replacing your current expensive hobbies and travel (like say a twice-yearly ski trip to Utah or Mammoth) with painting, replacing water heaters and other fun houshold maintenance projects.[/quote]
I totally agree with this. I’ve repainted the master bedroom 3 times, the other 2 rooms 2 times, replacing appliances before they’re broken (tax credit), upgrading stuff to my liking. So, in term of pure maintenance, I’ve spent $0 over the last 2 years but in term of upgrades, it’s a lot more than $0. -
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