The home inspection was today. Things went mostly as planned and look positive. It was more of a reassurance with what I already knew more then anything. Certainly excited with whats going on, but there is certainly a lot to be done. Buying a car wouldve been easier, lol.
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but not that rewarding!
congrats! |
"But don't buy an eighty-five thousand dollar car, before you buy a house" E-40, Rappers Ball
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Apparently I need to listen to more E-40. he knows whats up.
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[QUOTE=ZCarMan;1307723 My rule of thumb, "If it isn't bringing cash flow in, it's sending cash out". Couple of books worth looking at, "Rich Dad, Poor Dad" and "The Millionaire Next Door".[/QUOTE]
I have read both of these books and highly recommend both, Rich Dad, Poor Dad is a little outdated, his philosophy of buying houses in this economy only works for the filthy rich. Robert's rule of thinking regarding the Four Quadrants still makes total sense. Living like the The Millionaire Next Door is the only way to go nowadays. |
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It pays to buy as much home as you can possibly afford the first time out and that this home could be your retirement home as well. We are living in precarious financial times, the last thing you want is to be nearing retirement with 15-20 years left on your mortgage and your only income is your retirement plan. Decisions, decisions, decisions. Things could get better and they may not, but if you plan ahead you will be fine not matter what the decision. |
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Hmm we seem to be lacking a fist pumping smiley.......this will have to do for now :roflpuke2: http://www.mtv.com/onair/jersey_shor...istpump-hi.gif Quote:
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Just my .02 while I am in my more rational frame of mind :tup: |
just bought our house.. and while it's inflated for HERE, it will increase in value as the market here is only growing... was a wise move for my wife and I
plus, if I ever get orders out of here I could sell for profit, or rent to another military family |
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Can't stop laughing everytime I look at it :rofl2:
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