- This topic has 85 replies, 13 voices, and was last updated 16 years, 4 months ago by
mixxalot.
-
AuthorPosts
-
July 7, 2008 at 8:35 AM #234420July 7, 2008 at 12:56 PM #234479
La Jolla Renter
ParticipantOk, I will bite off on this one…
YES, I am addicted…
to renting a beautiful 1.5M condo for 3,500 a month.
but, I am also addicted to…
maxing out my SEP contribution at $42k per year
trust deed investing
owning cash flowing investment property with equity
having a 800 FICO score
buying a new car every 5 years with cash
having zero debt other than a couple investment property mortgages.
etc, etc, etcoh ya… one more thing…
I am addicted to helping others understand that your financial plan sucks if you get brainwashed into believing that your home is suppose to be your biggest asset.
And yes, some day, when it makes sense I will probably be an addicted homeowner.
July 7, 2008 at 12:56 PM #234610ParticipantOk, I will bite off on this one…
YES, I am addicted…
to renting a beautiful 1.5M condo for 3,500 a month.
but, I am also addicted to…
maxing out my SEP contribution at $42k per year
trust deed investing
owning cash flowing investment property with equity
having a 800 FICO score
buying a new car every 5 years with cash
having zero debt other than a couple investment property mortgages.
etc, etc, etcoh ya… one more thing…
I am addicted to helping others understand that your financial plan sucks if you get brainwashed into believing that your home is suppose to be your biggest asset.
And yes, some day, when it makes sense I will probably be an addicted homeowner.
July 7, 2008 at 12:56 PM #234618ParticipantOk, I will bite off on this one…
YES, I am addicted…
to renting a beautiful 1.5M condo for 3,500 a month.
but, I am also addicted to…
maxing out my SEP contribution at $42k per year
trust deed investing
owning cash flowing investment property with equity
having a 800 FICO score
buying a new car every 5 years with cash
having zero debt other than a couple investment property mortgages.
etc, etc, etcoh ya… one more thing…
I am addicted to helping others understand that your financial plan sucks if you get brainwashed into believing that your home is suppose to be your biggest asset.
And yes, some day, when it makes sense I will probably be an addicted homeowner.
July 7, 2008 at 12:56 PM #234662ParticipantOk, I will bite off on this one…
YES, I am addicted…
to renting a beautiful 1.5M condo for 3,500 a month.
but, I am also addicted to…
maxing out my SEP contribution at $42k per year
trust deed investing
owning cash flowing investment property with equity
having a 800 FICO score
buying a new car every 5 years with cash
having zero debt other than a couple investment property mortgages.
etc, etc, etcoh ya… one more thing…
I am addicted to helping others understand that your financial plan sucks if you get brainwashed into believing that your home is suppose to be your biggest asset.
And yes, some day, when it makes sense I will probably be an addicted homeowner.
July 7, 2008 at 12:56 PM #234670ParticipantOk, I will bite off on this one…
YES, I am addicted…
to renting a beautiful 1.5M condo for 3,500 a month.
but, I am also addicted to…
maxing out my SEP contribution at $42k per year
trust deed investing
owning cash flowing investment property with equity
having a 800 FICO score
buying a new car every 5 years with cash
having zero debt other than a couple investment property mortgages.
etc, etc, etcoh ya… one more thing…
I am addicted to helping others understand that your financial plan sucks if you get brainwashed into believing that your home is suppose to be your biggest asset.
And yes, some day, when it makes sense I will probably be an addicted homeowner.
July 7, 2008 at 4:35 PM #234636stockstradr
ParticipantI’ll reply.
My wife and I are shelling out $31,000 / year on rent for our 2200 sq ft San Jose home. I am NOT at all addicted to throwing thirty grand a year out the window.
On the other hand…during the 12+ months we’ve rented this place, its value has fallen over TEN GRAND a month. They were selling for about $850k when we moved in and now are down to about $700k. I’m sure glad I don’t own this place. *whew*
July 7, 2008 at 4:35 PM #234827ParticipantI’ll reply.
My wife and I are shelling out $31,000 / year on rent for our 2200 sq ft San Jose home. I am NOT at all addicted to throwing thirty grand a year out the window.
On the other hand…during the 12+ months we’ve rented this place, its value has fallen over TEN GRAND a month. They were selling for about $850k when we moved in and now are down to about $700k. I’m sure glad I don’t own this place. *whew*
July 7, 2008 at 4:35 PM #234762ParticipantI’ll reply.
My wife and I are shelling out $31,000 / year on rent for our 2200 sq ft San Jose home. I am NOT at all addicted to throwing thirty grand a year out the window.
On the other hand…during the 12+ months we’ve rented this place, its value has fallen over TEN GRAND a month. They were selling for about $850k when we moved in and now are down to about $700k. I’m sure glad I don’t own this place. *whew*
July 7, 2008 at 4:35 PM #234775ParticipantI’ll reply.
My wife and I are shelling out $31,000 / year on rent for our 2200 sq ft San Jose home. I am NOT at all addicted to throwing thirty grand a year out the window.
On the other hand…during the 12+ months we’ve rented this place, its value has fallen over TEN GRAND a month. They were selling for about $850k when we moved in and now are down to about $700k. I’m sure glad I don’t own this place. *whew*
July 7, 2008 at 4:35 PM #234818ParticipantI’ll reply.
My wife and I are shelling out $31,000 / year on rent for our 2200 sq ft San Jose home. I am NOT at all addicted to throwing thirty grand a year out the window.
On the other hand…during the 12+ months we’ve rented this place, its value has fallen over TEN GRAND a month. They were selling for about $850k when we moved in and now are down to about $700k. I’m sure glad I don’t own this place. *whew*
July 7, 2008 at 4:52 PM #234839
barnaby33ParticipantI wouldn’t say I live in a dump in Northpark, more that I inhabit it. I’m addicted to cheap rent. 900 a month and I can walk most anywhere I want and I ride to work.
Hopefully the RE train wreck gets bad enough to allow me to form an addiction to a lovely home, not just a compromise home.
Renting does present you with more options, but even with lots of job changes and several moves in the last 8 years, I still live basically in the same area.
Josh
July 7, 2008 at 4:52 PM #234847barnaby33ParticipantI wouldn’t say I live in a dump in Northpark, more that I inhabit it. I’m addicted to cheap rent. 900 a month and I can walk most anywhere I want and I ride to work.
Hopefully the RE train wreck gets bad enough to allow me to form an addiction to a lovely home, not just a compromise home.
Renting does present you with more options, but even with lots of job changes and several moves in the last 8 years, I still live basically in the same area.
Josh
July 7, 2008 at 4:52 PM #234795barnaby33ParticipantI wouldn’t say I live in a dump in Northpark, more that I inhabit it. I’m addicted to cheap rent. 900 a month and I can walk most anywhere I want and I ride to work.
Hopefully the RE train wreck gets bad enough to allow me to form an addiction to a lovely home, not just a compromise home.
Renting does present you with more options, but even with lots of job changes and several moves in the last 8 years, I still live basically in the same area.
Josh
July 7, 2008 at 4:52 PM #234656barnaby33ParticipantI wouldn’t say I live in a dump in Northpark, more that I inhabit it. I’m addicted to cheap rent. 900 a month and I can walk most anywhere I want and I ride to work.
Hopefully the RE train wreck gets bad enough to allow me to form an addiction to a lovely home, not just a compromise home.
Renting does present you with more options, but even with lots of job changes and several moves in the last 8 years, I still live basically in the same area.
Josh
-
AuthorPosts
- You must be logged in to reply to this topic.