Perhaps I just had better role models than you. The boomers in my life advised me to go into a trade, avoid debt, and buy a SMALL house after I save up a substantial down payment to keep my mortgage short and small. I can always buy a bigger house down the road when my first house gets more value.
“"Housing prices always go up, own more than one"... That's some boomer shit.”
That is GREAT advice, why scoff at it? Following the advice of the boomers in my life I was able to do it. I’ve been working a trade for less than 10 years and my wife is a home maker/ home schooling mom. We are by no means rich. We just work hard and save our money. We did this while raising two kids.
But fyi, I have friends that got fucked over by the tenants not paying rent thing… I was/ am against it.
The property taxes on my first home are almost nothing (because I qualify for a homesteads exemption for my state. And what LITTLE I do pay is MORE than made up for with the crops and animals I can raise being a property owner.
My 2nd property is an emergency / investment property. I wanted a property/ home I owned in cash, so I paid for 2 acres of land that had no zoning and built an off grid home all in cash. Being in an unincorporated area taxes are minimal (less than $50 a year).
So… I’m good. But if you think property tax make home ownership not worth it… why are you bitching about how hard it is to own a home?
FYI, TONS of assets require annual payments… cars, planes, trucks, boats, RVs, most animals, and trailers. Not to mention almost ALL assets require a place to store them… so you’ll need to rent or own a place to keep all your assets.
Enjoy paying for your landlords property taxes, chump.
Perhaps I just had better role models than you. The boomers in my life advised me to go into a trade, avoid debt, and buy a SMALL house after I save up a substantial down payment to keep my mortgage short and small. I can always buy a bigger house down the road when my first house gets more value.
“"Housing prices always go up, own more than one"... That's some boomer shit.”
That is GREAT advice, why scoff at it? Following the advice of the boomers in my life I was able to do it. I’ve been working a trade for less than 10 years and my wife is a home maker/ home schooling mom. We are by no means rich. We just work hard and save our money. We did this while raising two kids.
I don’t own rentals… so that doesn't apply to me.
But fyi, I have friends that got fucked over by the tenants not paying rent thing… I was/ am against it.
The property taxes on my first home are almost nothing (because I qualify for a homesteads exemption for my state. And what LITTLE I do pay is MORE than made up for with the crops and animals I can raise being a property owner.
My 2nd property is an emergency / investment property. I wanted a property/ home I owned in cash, so I paid for 2 acres of land that had no zoning and built an off grid home all in cash. Being in an unincorporated area taxes are minimal (less than $50 a year).
So… I’m good. But if you think property tax make home ownership not worth it… why are you bitching about how hard it is to own a home?
FYI, TONS of assets require annual payments… cars, planes, trucks, boats, RVs, most animals, and trailers. Not to mention almost ALL assets require a place to store them… so you’ll need to rent or own a place to keep all your assets.
Enjoy paying for your landlords property taxes, chump.
No you didnt.you are welfare cheetos at moms.