- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Millenial homeowners "get real" about their success
Posted on 6/5/19 at 1:39 pm to Antonio Moss
Posted on 6/5/19 at 1:39 pm to Antonio Moss
quote:
it wasn't $20K each year. It was more like 10K the first year, 12K the second, 20K the third, 30K the fourth and whatever was left the fifth.
And mine were from grad school so I had an advanced degree in the market.
thanks for being an outlier dude. well done.
0
Posted on 6/5/19 at 1:39 pm to Antonio Moss
quote:
Why wouldn't you buy one instead of rent? Do you not understand how real estate investments work?
You're proving my point.
Because I enjoy not having to worry about things breaking and maintenance + property tax (yes I am aware is baked into rentals) + lawn care.
On top of the fact it doesn't fit the space I need. And no, im not talking about 2200+ sqft.
Posted on 6/5/19 at 1:40 pm to lsupride87
quote:I live in the DC area, so clearly that wasn't an option for me out of grad school.
No. He is saying they should do that while already somehow owning a home
And yes, I chose to live in the DC area. I certainly don't regret it. I own a home in an amazing town in northern Virginia. Relative to my peers, I consider myself extremely fortunate. And I'm still paying off my student loans. Although I should be done within the next year.
This post was edited on 6/5/19 at 1:41 pm
Posted on 6/5/19 at 1:40 pm to Antonio Moss
Because they are outdated. They probably only have tile granite and not slab. Unacceptable.
Posted on 6/5/19 at 1:42 pm to lsupride87
quote:
At 27 years old, how long would it have taken you to save $6,500.00?
Around 8-12 months
That's probably about what it took me for the first loan. I just remember that figure because it was the highest interest rate and was thrilled to get it paid off.
Next one I think was $7,500 and it took me another 6 months or so but I was saving more because I no longer had the minimums on the first.
Posted on 6/5/19 at 1:42 pm to Antonio Moss
quote:
You aren't very good at finance.
I mean sorry I didn't start out of college making six figs?
Posted on 6/5/19 at 1:43 pm to TH03
quote:
And mine were from grad school so I had an advanced degree in the market.
So your results aren't typical lol
I was responding to a poster about grad school loans.
Why would anyone take $90,000 of loans out for an undergrad degree?
Posted on 6/5/19 at 1:43 pm to fallguy_1978
quote:
Pittsburgh has some nice areas and suburbs. My point is simply that most young people could find good jobs in less expensive real estate markets, they just don't want to live there.
I guess my point is that you guys are just spouting off statistics from google despite having no real understanding of the costs and job markets of different areas.
Googling "media home price in phoenix" is completely useless
This post was edited on 6/5/19 at 1:45 pm
Posted on 6/5/19 at 1:43 pm to Antonio Moss
quote:100% rent before doing this in BR if you care about actual investments
I'm looking at ten condos for sale between $112K-$157K in nice complexes right along side Jefferson and Bluebonnet.
Posted on 6/5/19 at 1:44 pm to Antonio Moss
Cool. Add on another 200-300 a month in condo fees. 150k in value for a 180k+ monthly payment. Very wise financial move.
This post was edited on 6/5/19 at 1:45 pm
Posted on 6/5/19 at 1:45 pm to 50_Tiger
quote:
Because I enjoy not having to worry about things breaking and maintenance + property tax (yes I am aware is baked into rentals) + lawn care.
Like I said, you're really bad with finance.
"I don't like fixing things" so I'll just burn money on rent instead of investing it in a mortgage.
Posted on 6/5/19 at 1:45 pm to Antonio Moss
quote:
Why would anyone take $90,000 of loans out for an undergrad degree?
???
Many do, unfortunately. (NOT ME)
You seem to be in your bubble about a lot of things.
And I'm having a hard time believing a lot of the shite you say even though right now im taking it at face value.
Just so I understand:
Post Grad school your income went to 150k?
You managed to pay 18k a year clear plus own a home (Which at 150k seems way more doable)?
So your message is make 150k out of post grad and git gud at financing?
Posted on 6/5/19 at 1:45 pm to Antonio Moss
So your retort is to buy a condo lol. Got it.
Posted on 6/5/19 at 1:46 pm to MrJimBeam
quote:
Good luck getting young people to live in BR when they have to spend an hour and a half a day in traffic or live in the ghetto/shithole.
Then housing prices in this class would reflect the lack of demand. It is that whole supply/demand thingy.
Posted on 6/5/19 at 1:46 pm to 50_Tiger
quote:
I mean sorry I didn't start out of college making six figs?
That has nothing to do with understanding the difference between paying rent and building equity.
Posted on 6/5/19 at 1:46 pm to lsupride87
quote:
100% rent before doing this in BR if you care about actual investments
Antonio Moss doesn't know shite about whether those condos are actually a good idea. He's just on realtor.com sorting by price
This post was edited on 6/5/19 at 1:47 pm
Posted on 6/5/19 at 1:46 pm to Antonio Moss
quote:You are the one suggesting buying a condo in BR at 150k to start off
Like I said, you're really bad with finance.
Posted on 6/5/19 at 1:46 pm to Muthsera
Then move out of NYC. Real estate is crazy expensive her. My wife and I have to move next summer because we can’t afford to buy a decent 3 bedroom apartment.
Posted on 6/5/19 at 1:47 pm to Antonio Moss
quote:
Like I said, you're really bad with finance.
"I don't like fixing things" so I'll just burn money on rent instead of investing it in a mortgage.
You call replacing HVAC / roofing (we have had hail here what seems like 7 weeks in a row now) insignificant to a new grad (0-5 years) and their income?
Posted on 6/5/19 at 1:48 pm to JohnnyKilroy
quote:
Cool. Add on another 200-300 a month in condo fees. 150k in value for a 180k+ monthly payment. Very wise financial move.
One complex has no fees. One had a $45/month grounds fee. Not sure about the third.
But please, keep making things up.
Page 14 of 28
Popular
Back to top
Follow TigerDroppings for LSU Football News