>he pays rent

>buying is only better if you want to leave a house for your kids
im 90% sure youre black
also your logic is retarded.
the ENTIRE point of buying instead of renting is to build equity instead of farting your money into the wind like rentcucks do

>on the west coast
lulz, fuck that part of the country, you people did it to yourselves. dont like it? move. sorry your socialism tax is fucking you up the ass

Based user OP. I love your threads. I posted about me buying a 1000sq foot house in a “sketch neighborhood” and how I made it in life due to that decision.

These idiots will never get it. Selling 1 of my 2 rentals right now, got an offer for roughly 80k more than what’s owed. Gonna use the proceeds to pay off the house I live in (brand new build, reinforced brick that we purchased for 235 5 years ago and is now worth well over 300k).

I didn’t say compared to when. They’ve climbed the last 10 years so that would have been the optimal time to buy. Meanwhile I’m ok with waiting because you’d be crazy think we’re going to get up to 6-7+ and actually average that for over 15 years like we did decades ago. We live in a different time. Btw I own a home myself, 4.25% interest and am still looking to sell because I live in one of the highest property tax areas in the country. I will likely rent for a bit unless I can get the same sort of interest rate in the next state over where I hope to move to

The condo you posted is 1 bed 1 bath for 75k? I live in a 3 bed 2 bath house so I’m not moving into some little shithole like that. Especially if I can wait a year or 2 and get another house or REAL condo 30-40k cheaper, because believe me there will plenty more supply in that time. I already see people everywhere around me trying to dump their bags on idiots like you.

Fucking owner shills are trying to come at me, a fucking home owner, like I don’t understand the pros and cons. I’ve clearly stated i am FOR it, but it’s not for everyone because of economic situations. Go peddle your wares elsewhere you dumb boomer fuck

Does your mommy cut off the crust on your sandwiches?

The ladies must be impressed you live with parents.

The second I made enough to move out I was fucking out. I was 22.

Lol based shills. Doesn’t come back with actual arguments but attacks me for living with my parents when I clearly just stated I own my own home. You guys are slipping

The absolute state of housing debt bagholders

I'll buy after the 90% drop thanks

I'm not buying your real estate bags boomer

>paying rent
>taking out loans
Or

You can marry a QT smart Asian and live at her parents home while saving every nickel and dime you get. After 2 years of saving my money, you have easy 150k cash.

Loans are a way for the jew to get you. I know who is behind this thread

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some of us dont have a choice

Sarasota Florida fag here
you're retarded.

>thinks the asians like his gaywhite ass

YES GOYIM GET A LOAN

The trick is to take out loans through FHA and occupy 35% of the unit for the year. Then you let tenants pay it off for you while you live at your parents.

>20% interest over
>10 years minimum, 20y more likely
Yeah, I'm not borrowing money unless I can pay at least half the amount upfront, even if that 20% gets eaten by inflation it's still usury.

>youll see 90% of that money back when you sell
Closer to 40% but still good.

If you are actually good at budgeting and putting your money to work then you won't even need to build a good cuck credit score to buy a house. Credit cards are for literal brainlets who don't know any better.

Ya ok. Show me your account with 150k + to buy a house?

O you want to connect utilities with no credit... huge deposit

O, insurance, shit credit.... higher rates

How old are you guys who think you can actually live decent without good credit. Pro-tip... you can’t.

>check if your housing market is overvalued before you fuck your self for the next 30 years please.
When you buy you suscept yourself to risk.
The current market is incredibly high risk.

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are banks this fucking desperate right now? posting on this shit tier image board to convince a bunch of neets to buy into a dying and statistically terrible market? youre not going to convince this generation to invest in anything you touch because history shows u fuck over everyone. i cant wait to make enough to pay off my parents mortgage and get them out of debt slavery because they bought into the fucking meme you promised them before they were able to figure out they would be absolutely cucked in their elderly years. enjoy your dying market. next to no one will buy your shitty house

Do your own research. This should help you though. Unless you live in Chicago, don’t buy.

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Fuck the FHA shitposter is back again. Call me when average homes in my city arent $500k and condos $250k

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My total cost of living is 250 a month and I make good money. Your move debtcuck.

400 litecoin, cry blood next year

I live in Europe so none of that American retarded bullshit applies here. We live very well without cuck credit scores because we understand that if we can't afford it then we shouldn't have it. We just make an exception to buy houses though but with good budgeting and compound investing, I won't need to become a debt slave like you

i still live with my parents lmao.

thinking about renting a house out but too lazy to fix it or deal with shitty people who are stupid enough to rent a house.

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are you retarded?

A $150,000 mortgage is locked in so your payment will be like $900 a month for the next 30 years

Good luck finding anyplace to rent for $900 ten years from now or more. Mortgage locks in your rent

Imagine actually having brown skin LMAO

ausfag here, 2017 buyers are well into 5 figure negatives, 2016 have lost all of their money, mainstream sentiment is cope so we should only be sitting at denial phase. Rent is literally cheaper than the interest on these rapidly depreciating leveraged assets, this rate of collapse is literally flushing a years worth of repayments away every month. OP mentality is why this happens.

tfw live in Australia

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says the guy who literally pays 100% interest on rent hahahaaha kill yourself retard

Yea now add property taxes, utilities, cost of upkeep, repairs, etc. Can easily come out to 1300 or more a month and that’s not if you get some freak high cost repair. And that’s if you live somewhere with lower property taxes. I’m in a place where they’re high as fuck and can easily make your payment 1500 or more

Chicago fucks you over in usurious property taxes

OP here, home from work

there has been 0, i repeat, ZERO rebuttal from rentcucks about why their decision to rent is a better idea.

you retards are literally making bullshit excuses about interest rates WHEN YOU PAY 100% INTEREST ON RENT hahahahaha.

if you own a 2 bedroom condo and the market crashes, youre going to lose 10,000 in equity MAX, literally less than the amount you blow on rent in 2 years

the results are in: everyone who rents is not only a cut for his landlord but a /completeandtotalfuckingretard/

talk to me in 20 years when you cant get out of debt and are stuck with a bunch of useless properties...oh did i mention you will be fucking old and tired and half retarded? only a cuck puts themselves in a situation where they have to wait 20 years for any sort of reward. if there is one...enjoy the carrot you have dangled in front of your own face that you will never be able to eat. fucking dumb cunt

>t. Boomer bagholder praying to God he can break even on his crashing boomerbox "investment".

Not going to buy a house in a city I will only be working in for a couple years, stupid old faggot. I will never, I repeat: NEVER buy your cardboard and plastic box for a 200% markup.

This is kind of silly too because property taxes are figured into a mortgage payment and you're looking at maybe a $50 increase a year...$6 a month. Plus, landlords will also be increasing your rent due to property taxes as well. you're going to be paying utilities in an apartment too. Maintenance is figured into the rent of a rental property as well. You don't think you're actually beating the landlord at his own game, do you?

Historically rent increases by a little more than 30 percent every decade. So if rent is 900 now, then you're going to be paying around $1200/month a month rent in 2029, and about 2000/month 30 years from now for the same property.

The only argument against buying are you you are completely convinced the housing market will flat line, which isn't likely since the last housing crash put in so many fail safes it's unlikely. Plus, those people that held for the 3-4 years of the housing crash are back in the green.

>fuck that part of the country
>the west coast

can't wait to take financial advice from another southern belle mongoloid who's never been anywhere or seen anything

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at a startup and fresh graduate, can't risk it yet. Plan on doing it if/when things become stable

I mean it just depends where you live as far as the property taxes go. I live in kiked Illinois so a regular 250k house, even a 150-200k condo will likely pay around 4-5k easy, half million dollar house are looking at over 10k. It’s absurd. Which is why I’ve been saying yea I’m all for buying as long as you have the means, can get a good rate, and don’t live in such a Jew state where you pay 500 a month just to live on your land sans mortgage

>west coast
>finances
lmao California has the most debt ever and depends of more Federal dollars than anyone. Their primary investment is illegals for the sake of begging for federal dollars. Their "bullet train" spent its $40,000,000,000 then canceled the project but somehow had already spent the 40 billion without building the bullet train. Not to mention the entire area is unlivable because of housing markets propped up with tax-funded illegal housing and Chinese investors treating their resident's housing market like a savings account. The West Coast is an example of the government getting involved in the market at every level and absolutely obliterating the future of any regular working sane human.

Your still paying rent if you “own” a house.
It’s called property tax.

what sucks is that even places that used to be cheaper like the midwest are starting to get expensive too and it makes me feel like people should buy sooner than later because they'll get priced out like what happened in portland over the last several years

My property tax average across 3 homes is about 3k per year. It’s nothing. You’re paying your landlords property tax when you rent idiot.

youre literally talking to me as you throw money out the fucking window. atleast I'll see some of my money back dipfuck.

you know what happens when I decide to move? I sell my place and get a nice 5 figure check. you know what you do? you look at your stale, stagnant bank account and try to figure out how much you can afford in rent and go sign another lease to do it all over again hahahahaha

in 10 years I'll have enough to put 20% down on a nice 3 bedroom, in 10 years you won't have fuckall. why? because you're a dumb pussy. plain and simple. your parents were probably dumb irresponsible niggers who had their home repossessed and you developed some weird grudge against loans because youre po'dunk parents couldn't stop blaming the bank for their bad choices. unironically kill yourself. stupid people have too many kids and youre legit fucking retarded

>my property tax is X therefore you should have no problem buying a house
you realise each state has their own set of property and income tax laws, right idiot?

>3 homes
>3k in property taxes
In my state that means each house costs an average of $66,000 so they'd have to be ghetto shacks.

> in 10 year
> in 20 year

lmao, yeah when your life is over you'll be have a house n shit lmao.

>make $180k/year
>was paying almost $3k/m in rent for a 2 bed apartment
>cucklord wants to raise it another $100
>straw that broke the camels back
>now pay $1100/m mortgage for 4 bed house
>could pay off the $200k mortgage right now but investments pay 2-3x what my interest rate is

FUCK renting

>objective is to not have 10 or 20 years pass
Goodluck my dude.

just lol @ retard boomer math.

>no landowner
>fix my own shit
>make my own rules

I enjoy owning a home.

2 are worth the 180-200 range my homestead which I get an exemption for is worth over 300k

I pay 3k for each house. Orange County Florida aka Orlando. No state income tax either.

People lol you are paying my mortgage+property tax in my 2 rentals and I’m earning about 900usd a month in passive income.

lmao and when your life is ok over you'll have absolutely fucking nothing lmao.

nice nigger logic, retard

you're right, renting is stupid

that's why I make $89,000 per year and live with my parents

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Do you guys not like fucking ransoms? Smoking a bowl on the couch watching porn? Having parties. I don’t understand would want to live with their parents when they have means not to.

If you don’t have a few good fun loose party years in life your missing out. You honestly are.

loans are for people who suck with money. guess what? in 10 years ill have a house and i wont need a loan to do it. and renting will give me a temporary roof over my head until i can...you've heard that "milenialls arent buying houses". not entirely true. milenialls arent buying shit they cant afford prematurely. they'll have houses, just later in life and for much cheaper and no debt to speak of. alot can happen in 10 years...i could lose my job...but right now if i lose my job, i wont have to go bankrupt. enjoy your copious amounts of debt while u can...nothing lasts forever faggot

>living at mommy's that just so happens to be on the west coast implies you're cultured

dude, suck on a shotgun. you're so god damn stupid it hurts.

what investments user?

I have parties at home, I smoke pot at home, I don't watch porn, but I do take girls home all the time and fuck them. My dad actually goes away when I take them home to let me fuck in peace. I live in a big house, mom left long ago.

tell me, why would I take on stress to work "for a home" as if I care about fitting in with the retard society that goes renting or takes on loans that gets them stuck in wage slavery for years to come. I can do whatever I want whenever I want. lmao.

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hey dipfuck, lemme break it down for you because youre still not getting it.

I decide to get a loan and live in condo
I pay 600 a month on a mortgage instead of 800 in rent
in 5 years I decide I want to get a house
I sell condo and get a nice fat check to put down on a house. yay

YOU pay 800 bucks on rent for 5 years
which comes out to $48,000 (completely wasted)

YOU put down less than half down on a house because you dont develop equity in a fucking apartment

YOU therefore have a higher mortgage than I do

so get fucked brainlet. youre a fucking retard I hope you understand now

>i could lose my job

lmfao yeah you could also lose your job while under a leasing agreement.
>losing your job and not getting another one for months
found your problem, youre a degenerate nigger.

Worst case scenero, you move out, rent it out and stay somewhere cheaper for the duration or an 8 month lease

>being able to see right into the toilet
Terrible Feng Shui, awful

let me break it down for you

i pay 550/month in rent
0/month in renovations and repairs
0/month in property tax
0/month on insurance
0/month on interest
make 100k a year.

do the math, my house will be cheaper than yours but just as good if not better and ill have 0 debt

>implying im under a lease agreement

>I do take girls home all the time and fuck them
lmao written like a true virgin

you are currently in debt by having a lease you fucking retard

and I live in the fucking sticks. if youre paying 550 a month for rent youre living in some ghetto shithole that was built in the fucking 70s.

but I'll one up you. in that same po'dunk shithole you can get a condo for 500/month and that is including all taxes, fees, and interest

best part? IM BUILDING EQUITY while you piss away 550 bucks a month hahahaha

just get rekt you dumb nigger bitch.

>HOA, $200 a month
>$75k
it's that cheap because it's the niggest part of Brandon
neighborhoodscout.com/fl/brandon/crime
samefag loan kike always making these threads, finding the cheapest houses in nigger infested areas.

When I buy a home, I'm going to build it myself in a rural area for $20k. You can do it for $10k, but I want it a little bit bigger.

ITT seething boomer cant sell his over valued cardboard play houses and is now scared of the coming retail market crash

>once again imlying im on a lease
>implying i live in a shithole
i have a backyard, two bedrooms one bathroom and a basement. did i mention a driveway?

keep trying faggot

Oh, I will buy a house, I want my own place to take care of properly, just not with a loan from your beloved bank, you fucking jew. Renting is a necessary compromise and was helpful in getting started with a job. Fuck paying 90k on a 75k house just because everyone needs their cut. I do not tolerate it. I'd rather give the extra directly to the previous owner over time. Fuck Google and fuck the captcha. Fuck jews niggers and trannies. Fuck janitors. Most importantly, fuck (you).

in the condo you're going to be paying $150 a month in HOA fees. i don't think you pay property taxes, but still 150 vs 550 isn't amazing.

also negotiating on the offer can be variance where you lose 10% on the house, you're going to pay 3%-6% on real estate agents, on a $100k house that's up to 6000, or 10 months of rent you're shitting down the drain.
Are you going to spend a month learning home inspection or pay $500 for one to make sure they're not giving you something that will require unknown repairs after the sale?

Unless you're set on staying in that condo for at least 5 years the extra hassles don't make it worth it.

everyone itt both sides of the argument is extremely petty and butthurt and it makes me realize how much this board sucks and how pathetic, small and miserable each individual user on here is

carry on lads

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>Brandon Florida
Disgusting
If you want huwhite come to Chad South Tampa

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>Sarasota fag
I swear, sarasota girls at FSU are a fucking cult. and literally every single one of them is in KD or tri delt.

t. fsu student

pics of 2 story, 2 bedroom house that you rent for 550 a month lmao. oh I'm laughing, it must be so fucking shit.

>atleast i have my driveway *fights back suicidal thoughts*

yeah, and I have my equity, nigger. in 5 years only one of us is going to have that nice fat check and it aint gonna be the guy renting

so how much did you pay the real estate agent? the inspector? title fee? escrow? city transfer taxes?

>fuck paying 90k for a 75k house
>literally pays 60 grand over the course of 5 years in rent and will never see that money again
lmao how do you not see how fucking stupid you are

"hello sir, would you like for me to put a portion of your rent in a piggy bank for you and I'll give it to you when you sell?"
"nah, thats jewish"

stopped reading after the first block of text

not all condos have an HOW
you still pay property tax

its obvious youre a dumbass teenager
get fukt, BLOCKED

I lived in Brandon with the same exact living room, kitchen, bathroom layout. Rented though. $75000? Not worth the price.

>pays $12k in HOA fees,
>pays $10k in closing fees
>housing market gonna crash when the boomers all sell, lose 33% of value in 5 years
>60k vs 42k
woah master saver right here
that's factually wrong, you're projecting and it's obvious you've never owned anything more than a tricycle, is why you're dodging my real estate questions.

there's so much dumb bullshit involved with owning. property tax, maintenance, raped in taxes and commission fees when selling, why deal with this

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kek like id post where i live on a fucking anime shit board. no its not a house its a duplex retard, are u fucking jealous user? keep coping you fucking absolute shitstain, enjoy getting cucked by the bank.

imacentrist.jpg>real estate agent
lmao ZERO dollars
inspector and all utility fees: $300
escrow is figured into the mortgage you fucking idiot and its like 50 bucks a month

enjoy getting cucked by your landlord

ZERO EQUITY

98% of homes for sale are done with agents, so I doubt that. inspector cost you one month of rent. total closing fees?
so you're putting $50 a month down the drain too? doesn't sound like a good deal.

i have 2 family members who are realtors and one who owns a real estate company umad?

are you going to sit here and argue with me that throwing 20k away over the course of 5 years is worse than throwing 50k away in rent? really dipshit? are ya? because i think you are. i think youre just a schizophrenic fucking retard who hates money and hates banks

you seem very upset, it can't possibly be buyers remorse...
so you agree with my numbers? because you're being awfully quiet about how much you paid

I dont have a car, good credit and live some where with expensive houses.
Fuck you with I could buy land.