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Fearful
ParticipantCome to think of it, I did the same thing: I drilled some nice 3/8″ holes in the wall to hang my plasma. I also tore out some plants and put in some new ones.
I know for sure I will have to patch the holes in the wall when I leave, but – I would really feel it is in my best interest to fix up a place I am selling! I put a lot of work into the house I sold.
Renting is really not that different from buying, just a bit more liquid. You have an incentive to not do value-added improvements, but then again, maybe that is a good thing, because most improvements lose money anyway!
ParticipantCome to think of it, I did the same thing: I drilled some nice 3/8″ holes in the wall to hang my plasma. I also tore out some plants and put in some new ones.
I know for sure I will have to patch the holes in the wall when I leave, but – I would really feel it is in my best interest to fix up a place I am selling! I put a lot of work into the house I sold.
Renting is really not that different from buying, just a bit more liquid. You have an incentive to not do value-added improvements, but then again, maybe that is a good thing, because most improvements lose money anyway!
Participantrenting sucks … there’s more to life than money
Every time I think how I could eliminate one more variable from my life by owning, I remind myself that I could reduce my eviction risk by buying a longer lease. I could also prepay the rent.
You have complained bitterly in the past about the miseries of renting, and there were if I recall correctly some good discussions about your situation. Take some of that cash you have sitting in the bank and use it to rent a phat house with the awesome home theater installed … or install the home theater, and if you have to eat the installation cost in a couple of years, well, that’s what you have a pile of cash for, right?
Funny how our approaches are so different. I too am sitting on a large pile of cash, yet I would not dream of buying a house until I am confident it is not going to cost me dearly to do so.
You cite a $100K cumulative gap between renting and owning; I will bet that gap is widening, not narrowing, as property values decline. By the time all is said and done I will bet your gap will be half a million. Not bad for enduring the miseries of renting.
I feel sorry for the owner of the house I am renting. Poor bastard is losing $1,400 a month cash flow, not to mention depreciation of several thousand dollars a month.
I would love it if this whole mess were over and I could buy a house. But it ain’t, and this is the situation, and may as well make the best of it, eh?
Participantrenting sucks … there’s more to life than money
Every time I think how I could eliminate one more variable from my life by owning, I remind myself that I could reduce my eviction risk by buying a longer lease. I could also prepay the rent.
You have complained bitterly in the past about the miseries of renting, and there were if I recall correctly some good discussions about your situation. Take some of that cash you have sitting in the bank and use it to rent a phat house with the awesome home theater installed … or install the home theater, and if you have to eat the installation cost in a couple of years, well, that’s what you have a pile of cash for, right?
Funny how our approaches are so different. I too am sitting on a large pile of cash, yet I would not dream of buying a house until I am confident it is not going to cost me dearly to do so.
You cite a $100K cumulative gap between renting and owning; I will bet that gap is widening, not narrowing, as property values decline. By the time all is said and done I will bet your gap will be half a million. Not bad for enduring the miseries of renting.
I feel sorry for the owner of the house I am renting. Poor bastard is losing $1,400 a month cash flow, not to mention depreciation of several thousand dollars a month.
I would love it if this whole mess were over and I could buy a house. But it ain’t, and this is the situation, and may as well make the best of it, eh?
Participantrenting sucks … there’s more to life than money
Every time I think how I could eliminate one more variable from my life by owning, I remind myself that I could reduce my eviction risk by buying a longer lease. I could also prepay the rent.
You have complained bitterly in the past about the miseries of renting, and there were if I recall correctly some good discussions about your situation. Take some of that cash you have sitting in the bank and use it to rent a phat house with the awesome home theater installed … or install the home theater, and if you have to eat the installation cost in a couple of years, well, that’s what you have a pile of cash for, right?
Funny how our approaches are so different. I too am sitting on a large pile of cash, yet I would not dream of buying a house until I am confident it is not going to cost me dearly to do so.
You cite a $100K cumulative gap between renting and owning; I will bet that gap is widening, not narrowing, as property values decline. By the time all is said and done I will bet your gap will be half a million. Not bad for enduring the miseries of renting.
I feel sorry for the owner of the house I am renting. Poor bastard is losing $1,400 a month cash flow, not to mention depreciation of several thousand dollars a month.
I would love it if this whole mess were over and I could buy a house. But it ain’t, and this is the situation, and may as well make the best of it, eh?
Participantrenting sucks … there’s more to life than money
Every time I think how I could eliminate one more variable from my life by owning, I remind myself that I could reduce my eviction risk by buying a longer lease. I could also prepay the rent.
You have complained bitterly in the past about the miseries of renting, and there were if I recall correctly some good discussions about your situation. Take some of that cash you have sitting in the bank and use it to rent a phat house with the awesome home theater installed … or install the home theater, and if you have to eat the installation cost in a couple of years, well, that’s what you have a pile of cash for, right?
Funny how our approaches are so different. I too am sitting on a large pile of cash, yet I would not dream of buying a house until I am confident it is not going to cost me dearly to do so.
You cite a $100K cumulative gap between renting and owning; I will bet that gap is widening, not narrowing, as property values decline. By the time all is said and done I will bet your gap will be half a million. Not bad for enduring the miseries of renting.
I feel sorry for the owner of the house I am renting. Poor bastard is losing $1,400 a month cash flow, not to mention depreciation of several thousand dollars a month.
I would love it if this whole mess were over and I could buy a house. But it ain’t, and this is the situation, and may as well make the best of it, eh?
Participantrenting sucks … there’s more to life than money
Every time I think how I could eliminate one more variable from my life by owning, I remind myself that I could reduce my eviction risk by buying a longer lease. I could also prepay the rent.
You have complained bitterly in the past about the miseries of renting, and there were if I recall correctly some good discussions about your situation. Take some of that cash you have sitting in the bank and use it to rent a phat house with the awesome home theater installed … or install the home theater, and if you have to eat the installation cost in a couple of years, well, that’s what you have a pile of cash for, right?
Funny how our approaches are so different. I too am sitting on a large pile of cash, yet I would not dream of buying a house until I am confident it is not going to cost me dearly to do so.
You cite a $100K cumulative gap between renting and owning; I will bet that gap is widening, not narrowing, as property values decline. By the time all is said and done I will bet your gap will be half a million. Not bad for enduring the miseries of renting.
I feel sorry for the owner of the house I am renting. Poor bastard is losing $1,400 a month cash flow, not to mention depreciation of several thousand dollars a month.
I would love it if this whole mess were over and I could buy a house. But it ain’t, and this is the situation, and may as well make the best of it, eh?
ParticipantOh, yeah, we’re in for a wild ride from here on out, no doubt about it.
ParticipantOh, yeah, we’re in for a wild ride from here on out, no doubt about it.
ParticipantOh, yeah, we’re in for a wild ride from here on out, no doubt about it.
ParticipantOh, yeah, we’re in for a wild ride from here on out, no doubt about it.
ParticipantOh, yeah, we’re in for a wild ride from here on out, no doubt about it.
ParticipantFunny, I was chatting with the girl who was manning the booth, and one of the first comments I had was I doubted the upgrade would actually take place. You do big upgrades at the bottom of a recession, not going in to one! But CRE lags residential, and CRE is just starting to show pain; who knows, they may actually get it done. If I were on the SD city council, I would have tried to ram this thing through while times were still good. Too late now.
ParticipantFunny, I was chatting with the girl who was manning the booth, and one of the first comments I had was I doubted the upgrade would actually take place. You do big upgrades at the bottom of a recession, not going in to one! But CRE lags residential, and CRE is just starting to show pain; who knows, they may actually get it done. If I were on the SD city council, I would have tried to ram this thing through while times were still good. Too late now.
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