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March 5, 2010 at 6:50 AM #522084March 5, 2010 at 6:57 AM #521176justmeParticipant
Scaredy, you didn’t call yourself scaredycat for no reason, right? That may be your answer ;).
I would be interested in hearing your worry-list from 1998 or 1999, right before the stock market bubble burst. Or some assorted years of your choice.
Oh, and do tell what website you used to buy the house!
March 5, 2010 at 6:57 AM #521317justmeParticipantScaredy, you didn’t call yourself scaredycat for no reason, right? That may be your answer ;).
I would be interested in hearing your worry-list from 1998 or 1999, right before the stock market bubble burst. Or some assorted years of your choice.
Oh, and do tell what website you used to buy the house!
March 5, 2010 at 6:57 AM #521748justmeParticipantScaredy, you didn’t call yourself scaredycat for no reason, right? That may be your answer ;).
I would be interested in hearing your worry-list from 1998 or 1999, right before the stock market bubble burst. Or some assorted years of your choice.
Oh, and do tell what website you used to buy the house!
March 5, 2010 at 6:57 AM #521842justmeParticipantScaredy, you didn’t call yourself scaredycat for no reason, right? That may be your answer ;).
I would be interested in hearing your worry-list from 1998 or 1999, right before the stock market bubble burst. Or some assorted years of your choice.
Oh, and do tell what website you used to buy the house!
March 5, 2010 at 6:57 AM #522095justmeParticipantScaredy, you didn’t call yourself scaredycat for no reason, right? That may be your answer ;).
I would be interested in hearing your worry-list from 1998 or 1999, right before the stock market bubble burst. Or some assorted years of your choice.
Oh, and do tell what website you used to buy the house!
March 5, 2010 at 7:02 AM #521186scaredyclassicParticipantredfin.com
the worry lists are in storage int he shed in a big bag of weird papers, but i’ll break it out if we move.
wait ms scaredy was reading over my shoulder and says i have to discard all old papers if we move.
she cannot believe that anyone in the universe is interested in my train of thought on this issue.
i was all in bonds well before 1999
March 5, 2010 at 7:02 AM #521326scaredyclassicParticipantredfin.com
the worry lists are in storage int he shed in a big bag of weird papers, but i’ll break it out if we move.
wait ms scaredy was reading over my shoulder and says i have to discard all old papers if we move.
she cannot believe that anyone in the universe is interested in my train of thought on this issue.
i was all in bonds well before 1999
March 5, 2010 at 7:02 AM #521758scaredyclassicParticipantredfin.com
the worry lists are in storage int he shed in a big bag of weird papers, but i’ll break it out if we move.
wait ms scaredy was reading over my shoulder and says i have to discard all old papers if we move.
she cannot believe that anyone in the universe is interested in my train of thought on this issue.
i was all in bonds well before 1999
March 5, 2010 at 7:02 AM #521852scaredyclassicParticipantredfin.com
the worry lists are in storage int he shed in a big bag of weird papers, but i’ll break it out if we move.
wait ms scaredy was reading over my shoulder and says i have to discard all old papers if we move.
she cannot believe that anyone in the universe is interested in my train of thought on this issue.
i was all in bonds well before 1999
March 5, 2010 at 7:02 AM #522105scaredyclassicParticipantredfin.com
the worry lists are in storage int he shed in a big bag of weird papers, but i’ll break it out if we move.
wait ms scaredy was reading over my shoulder and says i have to discard all old papers if we move.
she cannot believe that anyone in the universe is interested in my train of thought on this issue.
i was all in bonds well before 1999
March 5, 2010 at 7:55 AM #521196(former)FormerSanDieganParticipantBUY THIS HOUSE !
This is a no-brainer.
Although, there are always some risks (house flattened by earthquake, zombie attacks, etc),
I am not suggesting that being a landlord is the purpose. The rent/own comparison helps evaluate risk of depreciaiton and also serves as a fall-back plan. You are highly unlikely to go wrong on a property that would rent for a couple hundred bucks more than your payment, for a few reasons:
1. Rent-ownership equilibrium tends to put a floor on prices.
2. If you find yourself in a bind, you can always rent it out.
3. Your doctor wife is likely to be able to help afford a mortgage of $1500, even if we institute socialized medicine.This is a No Brainer (which also tends to keep zombies away, being that they really like to eat brains)
[quote=scaredycat]i think this place would rent for between $1,750 – $2,200 per month. But I might be wrong. I do not want to be a landlord. I want to grow persimmons and raise chickens.[/quote]
March 5, 2010 at 7:55 AM #521335(former)FormerSanDieganParticipantBUY THIS HOUSE !
This is a no-brainer.
Although, there are always some risks (house flattened by earthquake, zombie attacks, etc),
I am not suggesting that being a landlord is the purpose. The rent/own comparison helps evaluate risk of depreciaiton and also serves as a fall-back plan. You are highly unlikely to go wrong on a property that would rent for a couple hundred bucks more than your payment, for a few reasons:
1. Rent-ownership equilibrium tends to put a floor on prices.
2. If you find yourself in a bind, you can always rent it out.
3. Your doctor wife is likely to be able to help afford a mortgage of $1500, even if we institute socialized medicine.This is a No Brainer (which also tends to keep zombies away, being that they really like to eat brains)
[quote=scaredycat]i think this place would rent for between $1,750 – $2,200 per month. But I might be wrong. I do not want to be a landlord. I want to grow persimmons and raise chickens.[/quote]
March 5, 2010 at 7:55 AM #521768(former)FormerSanDieganParticipantBUY THIS HOUSE !
This is a no-brainer.
Although, there are always some risks (house flattened by earthquake, zombie attacks, etc),
I am not suggesting that being a landlord is the purpose. The rent/own comparison helps evaluate risk of depreciaiton and also serves as a fall-back plan. You are highly unlikely to go wrong on a property that would rent for a couple hundred bucks more than your payment, for a few reasons:
1. Rent-ownership equilibrium tends to put a floor on prices.
2. If you find yourself in a bind, you can always rent it out.
3. Your doctor wife is likely to be able to help afford a mortgage of $1500, even if we institute socialized medicine.This is a No Brainer (which also tends to keep zombies away, being that they really like to eat brains)
[quote=scaredycat]i think this place would rent for between $1,750 – $2,200 per month. But I might be wrong. I do not want to be a landlord. I want to grow persimmons and raise chickens.[/quote]
March 5, 2010 at 7:55 AM #521862(former)FormerSanDieganParticipantBUY THIS HOUSE !
This is a no-brainer.
Although, there are always some risks (house flattened by earthquake, zombie attacks, etc),
I am not suggesting that being a landlord is the purpose. The rent/own comparison helps evaluate risk of depreciaiton and also serves as a fall-back plan. You are highly unlikely to go wrong on a property that would rent for a couple hundred bucks more than your payment, for a few reasons:
1. Rent-ownership equilibrium tends to put a floor on prices.
2. If you find yourself in a bind, you can always rent it out.
3. Your doctor wife is likely to be able to help afford a mortgage of $1500, even if we institute socialized medicine.This is a No Brainer (which also tends to keep zombies away, being that they really like to eat brains)
[quote=scaredycat]i think this place would rent for between $1,750 – $2,200 per month. But I might be wrong. I do not want to be a landlord. I want to grow persimmons and raise chickens.[/quote]
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