Yo Ho's!!!
Just a heads up Stickers are in!
https://www.ar-15.co/threads/154496-...47#post1959747
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Yo Ho's!!!
Just a heads up Stickers are in!
https://www.ar-15.co/threads/154496-...47#post1959747
A lot of those costs are tough (but not impossible) to reduce. The tougher it is to reduce costs the better you know you're doing at least. I don't know how the market is out there, but would it be at all reasonable to rent the house you bought out there and just move into a rental yourself? Immediate concerns would be
- if your mortgage won't allow you to rent for a certain amount of years.
- you'd have to pay capital gains taxes once you actually sold the house since you didn't live in it for at least two years.
- the renters could cause damages beyond the already thin benefit of having rented the property.
Since you will have to be out there for at least the years, you could consider renting the last year if it turns out the market is on the upswing again. Since property values and rent process tend to rise together, you'd have more of a chance at making money, and more protection from renter damage. That's of course if there is another real estate bubble building in such a short time from now.
Damn Irving, I didn't budget myself enough time before work to respond to your novel. I think you are still making a few incorrect assumptions, but most of your concerns are valid. I'll respond when I can. It might be in a few hours (if work is slow) or it might be later tonight.
Thank you for this good discussion. It's always good to question your own premises and discuss new ideas.
It's nice to discuss stuff to see what works for who. As I've previously mentioned, and as Ramsey has said, the most important thing is that you've funded your accounts. As a result, your ahead of the game. I'm basically starting at zero and trying not to screw up any more.
This thread is starting to suck.
Don't worry, there are 8 hours left to make fun of Kazoo and make dick jokes before HB gets back to respond. Maybe he'll respond in the long term precious metals thread.
Oh Great Kazoo - I think you shorted yourself by about 4000 posts.