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» how much do you pay rent a month?
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post 1583494781 07-08-2019, 09:45 AM
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#61
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Originally Posted By EnderG60
But hes right....
Answer this

What happens after you pay rent for 15 years?

What happens after you pay mortgage for 15 years?
post 1583495021 07-08-2019, 09:49 AM
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3,073

But it's a mortgage including my insane property tax
USMC 95-2000

Do or do not, their is no try! (I made this up myself)
post 1583495161 07-08-2019, 09:50 AM
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#63
  1. medianjoe
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625 / mortgage - house went up 50k in value since buying 3 years ago

average renting around here is 900+ / month

was a no brainer to buy > rent
post 1583495431 07-08-2019, 09:55 AM
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$811 for rent and water, heat, electricity. 484 square feet, 2 rooms, seperate kitchen. Also with a carport, a storage unit and a nice front yard. First floor and I have a pretty decent view and neighbourhood.
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post 1583498651 07-08-2019, 10:45 AM
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Originally Posted By FingerNailsBrah
Pay rent for 15/30 years and see what happens
Pay mortgage for the same and see what happens
I never spent more than 10 years in the same place. And that was with my parents.

As an adult 5 years in the same place max.
Cycling, walking, swimming.
No car.
post 1583498661 07-08-2019, 10:45 AM
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#66
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My tenants pay:

$850 - 1BR 500 sq ft apt
$1,325 - 2BR 1,200 sq ft apt
$1,450 - 2 BR 1,400 sq ft apt

Bordentown, NJ

(my mortgage on that home is $2,080 including taxes and homeowners)
post 1583498961 07-08-2019, 10:50 AM
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Nothing.
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post 1583499021 07-08-2019, 10:51 AM
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#68
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Originally Posted By VoxExMachina
Nothing.
Living in your mom's basement?
I have always wanted to become a tampon. My dream is to be inserted into a woman's chamber of love and absorb her lady juices.

My gyno surgery video:
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post 1583499101 07-08-2019, 10:53 AM
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#69
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$3,200 for a studio in a high rise building in downtown Manhattan

Inb4 rentcel - worth every penny
post 1583499361 07-08-2019, 10:57 AM
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#70
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Originally Posted By HeavyLifter292
$3,200 for a studio in a high rise building in downtown Manhattan

Inb4 rentcel - worth every penny
whats th SQ ft *******?
post 1583499741 07-08-2019, 11:04 AM
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#71
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In the building I manage in West LA tenants pay $2100 for 1BR 650sq, $2600 for 2BR/2BA 900sq. And that’s on the lower side for the neighborhood...seen as high as $3k+ for 1BR and $5k for 2BR, but those are in the newer luxury buildings, ours is 40 years old (still nice but not as “fancy”).
post 1583499921 07-08-2019, 11:08 AM
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#72
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Originally Posted By 5x10
Mortgage is paid off, but taxes and insurance are about $700 monthly
Add in another $5-600 for utilities
About $12-1300 a month all in
Fuk that
post 1583499991 07-08-2019, 11:08 AM
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#73
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Originally Posted By FAPPIN
whats th SQ ft *******?
600. So actually pretty big for a NYC studio, comparable to a smaller 1BR.
post 1583500021 07-08-2019, 11:09 AM
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#74
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Originally Posted By Anorexilla
Living in your mom's basement?
I'm not a millennial.

Everything paid off. Zero debt crew.
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post 1583501041 07-08-2019, 11:27 AM
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Originally Posted By VoxExMachina
I'm not a millennial.

Everything paid off. Zero debt crew.
Did you buy your parents house or something like that or start from nothing and pay it all off? I'm not being a douche, but the only 2 younger people I know without mortgages did it that way.
USMC 95-2000

Do or do not, their is no try! (I made this up myself)
post 1583501451 07-08-2019, 11:32 AM
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1200 including everything internet, AC, power, etc. no cable
got a deal on a sublet.

2BR, 1 BA. in one of the most expensive cities in the US, in a pretty nice apartment/condo building. its seriously the nicest place ive lived in on my own and its also the most bang for your buck easily.

before this i was paying 1350 for a 3BR 1 BA, much ****tier place. about the same location though (both pretty good locations)

before that 1500 for a 2BR 1.5 BA house.
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post 1583501501 07-08-2019, 11:33 AM
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#77
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$3,110/mo incl property tax

Thats for 2,700sq ft of vinyl covered suburban paradise.
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post 1583502361 07-08-2019, 11:45 AM
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#78
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Originally Posted By NukYavlen
Answer this

What happens after you pay rent for 15 years?

What happens after you pay mortgage for 15 years?
Ever heard of rent to own, or leasing? Mortgages arnt much different. Im of the mindset you dont own something unless you paid for it. If you borrowed money, the person/bank you borrowed it from owns it UNTIL you pay it off. If you miss 3 payments you end up with nothing. That is not owning.

Im not saying buying/ getting a mortgage is a dumb thing to do, but you are dumb if you think the house/car whatever is actually yours until its paid off.

Hell even when you do OWN it you have taxes to pay, and if you dont pay them the Government comes and takes it.

This is just as delusional as when someone buys a house for $300k and sells it 10 years later for $350k and says "I made $50k on my house"....ok did you factor in the $100k in interest you spent on the mortgage?
post 1583502501 07-08-2019, 11:47 AM
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#79
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utilities and taxes , even if you have no debt , is rent


live in a tent in pacific northwest maybe
post 1583502541 07-08-2019, 11:48 AM
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I don't pay rent, I collect rent.
post 1583503041 07-08-2019, 11:56 AM
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Originally Posted By TS3g
$375 for a 3 bedroom 2 bath house with semi finished basement...that there midwestern small town 'Murica living...
um, can we discuss these prices?

I didn't think there was anywhere in the country with mortgages like that. Even when I was in NM rent was at a minimum double that.

as for me, I lucked out and got a 1 bedroom apartment (800sqft) for $1750 in La Jolla. All I pay for is electricity.
post 1583503761 07-08-2019, 12:05 PM
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#82
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Originally Posted By allianc3
If you're making say, 150k+, you really don't feel a 3k/month rent/mortgage unless you have an assload of kids in a high COL area.
I would strongly disagree here. That depends on the pre tax deductions you can take advantage of. If you get 2 401k style accounts and max your HSA you could shrink your 150,000 take home income to $108,000, and get like 7000 or so after taxes, of which $3,000 is quite noticeable.

I personally don't make 150k+, but I do get a 403b, 457b and 401a as well as an HSA, and I can use all of them (although only 5% of my pay can go in 401a), so a frugal person can easily lower $150,000 to $97,500 post deduction income, which is around 6k/month take home.

If you're a moron and think you'll make 150,000 in your 80s and never retire I guess you won't notice though.
post 1583504031 07-08-2019, 12:09 PM
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#83
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Originally Posted By EnderG60
Ever heard of rent to own, or leasing? Mortgages arnt much different. Im of the mindset you dont own something unless you paid for it. If you borrowed money, the person/bank you borrowed it from owns it UNTIL you pay it off. If you miss 3 payments you end up with nothing. That is not owning.

Im not saying buying/ getting a mortgage is a dumb thing to do, but you are dumb if you think the house/car whatever is actually yours until its paid off.

Hell even when you do OWN it you have taxes to pay, and if you dont pay them the Government comes and takes it.

This is just as delusional as when someone buys a house for $300k and sells it 10 years later for $350k and says "I made $50k on my house"....ok did you factor in the $100k in interest you spent on the mortgage?
Absolutely amazing how you wrote all this garbage. Find the post where i said the opposite of this " but you are dumb if you think the house/car whatever is actually yours until its paid off."

Spoiler : You can't.
post 1583504461 07-08-2019, 12:16 PM
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#84
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i'm at about $2,100 for mortgage, taxes, all utilities.

4 bed 2.5 bath 2,100 sqft. Going to be finishing basement soon which will add a 5th bed and another full bath.
Lets Go Brandon
Pureblood
post 1583504781 07-08-2019, 12:21 PM
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~$3500 mortgage 3bed/3bath single family home.

2 tenants, paying $1k each.


Starting to look for my next property to rent (In a lower COL state, CA kills you on taxes, let that be a lesson liberals, I'm taking my money & business elsewhere)
post 1583504891 07-08-2019, 12:23 PM
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$1600 mortgage for 1+1 in the greater toronto area.
$400 condo fees

$2200 for property taxes per year.
post 1583504991 07-08-2019, 12:24 PM
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lmao @ renting

i pay ~ $2.5k mortgage + misc fees for a 500 sq ft shoebox in toronto

post 1583505261 07-08-2019, 12:28 PM
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Originally Posted By iradumass
lmao @991]lmao @ renting

i pay ~ $2.5k mortgage +misc feesfor a 500 sq ft shoebox in toronto

I post here for free, you got a bad deal.
post 1583505681 07-08-2019, 12:36 PM
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Originally Posted By CulturalDecay
I post here for free, you got a bad deal.
sry that's $2.5k all in (property tax, mortgage, misc fees etc) oops
post 1583508741 07-08-2019, 01:25 PM
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Originally Posted By GrimRep_er
Did you buy your parents house or something like that or start from nothing and pay it all off? I'm not being a douche, but the only 2 younger people I know without mortgages did it that way.
Started basically with nothing, no inheritance or anything. Just diligent about making extra payments.

Been paying cash for cars instead of auto loans for years, then paid the house off.
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