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  1. #51
    Grand Master Know It All 68Charger's Avatar
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    Quote Originally Posted by Skip View Post
    Do what the Commiefornians did...

    Sell your house with a ton of equity. Move. Buy new house for cash and have a similar lifestyle with less cost requiring less income. Less income also means less taxes.

    Or invest it and let it help supplement a lower salary. Buy a rental property (again, for cash) and cash flow $800-1K/month.

    I know we're all different, but I put a $2K check in the mail each month for my mortgage (extra principal payment, the required is much lower than that). So not having that mortgage means I could make $24K less each year. But the cost of making that $24K is much higher than $24K. Figure taxes and such and I probably need to make around $30K to bring home $24K net to pay housing. So I could do without $30,000 in salary if I had a paid off house.

    Can you tell I have the same thoughts as some of you?
    This was also one of my reasons for relocating to TX... sold house in Penrose for about $420k, bought property with 3 houses for $296k, after applying equity and spending money to renovate one of the homes, my mortgage will be down to $80k. Keep making higher payments like its still a $280k loan, and it will be gone quick... after renovating one of the houses, I can rent it out for $800-1000 per month... or just get $100-120 per night on First Monday weekend... even more if we setup as BnB. I'm even going to diversify by investing in cattle (partially for ag property tax break).
    ΜΟΛΩΝ ΛΑΒΕ, we are the III%, CIP2, and some other catchphrase meant to aggravate progreSSives who are hell bent on taking rights away...

  2. #52
    BANNED....or not? Skip's Avatar
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    Quote Originally Posted by Gman View Post
    I thought once somebody made it to safety, they were supposed to help those left behind.


    Put your own mask on first, then help others.

    Quote Originally Posted by 68Charger View Post
    This was also one of my reasons for relocating to TX... sold house in Penrose for about $420k, bought property with 3 houses for $296k, after applying equity and spending money to renovate one of the homes, my mortgage will be down to $80k. Keep making higher payments like its still a $280k loan, and it will be gone quick... after renovating one of the houses, I can rent it out for $800-1000 per month... or just get $100-120 per night on First Monday weekend... even more if we setup as BnB. I'm even going to diversify by investing in cattle (partially for ag property tax break).
    That's smart. $80K in debt, land with livestock, and opportunity to cash flow on some of that property. Sounds great to me!
    Always eat the vegans first

  3. #53
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    Mar 2009
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    Shit I'm reading this from Boise, ID and I can't say I mind at all. On my way back to CO to fuckin pack my house up and sell everything not critical.

  4. #54
    Zombie Slayer Zundfolge's Avatar
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    Quote Originally Posted by vectorsc View Post
    Shit I'm reading this from Boise, ID and I can't say I mind at all. On my way back to CO to fuckin pack my house up and sell everything not critical.
    Before we moved to Colorado, we looked at Boise. It seems like a nice town and I had several job offers, but we didn't want to have to drive back to Wichita from there once or twice a year so we didn't move there (and then a couple months after I turned down the jobs, the Dot.Com bubble burst and two of the three companies I had offers from disappeared overnight and the survivor did some major downsizing so it worked out for the best). I figure my mom only has a couple years left (and my wife has finally cut off her dysfunctional family) so we may reconsider in a couple years since we'll have much less cause to drive back to ICT.
    Modern liberalism is based on the idea that reality is obligated to conform to one's beliefs because; "I have the right to believe whatever I want".

    "Everything the State says is a lie, and everything it has it has stolen.
    -Friedrich Nietzsche

    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people."
    -Penn Jillette

    A World Without Guns <- Great Read!

  5. #55
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    Mar 2009
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    There are probably more Nazis here than liberals, both of whom occupy an extremely small minority niche. Everyone else is Mormon or Conservative. And I think I like the Nazis more than the Liberals.

    A Nazi is pretty much just a Liberal that hates Jews, and the Nazis are at least honest about their beliefs. more importantly the Nazis aren't even close to winning the war on my way of life. Both of them are completely smug assholes who believe in massive transformation of the USA into their own particular dystopian future and the utter inferiority of all other viewpoints. Complete with a splash of bigoted mass murder thrown in for kicks.

    Hell, they both want me dead as a Romanian with strong Jewish family ties who happens to believe in freedom and the sanctity of the machine our founding fathers created. But at least the Nazis are up front about their evil ways.

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