Renting Or Buying

[straughsberry]

I agree with everything you said except doing what feels right. I think this is a decision that needs to be made with your head, sure your heart has to be in any decision you make, but the head should be closing the deal. Dags buying a Expensive Daewoo is proof of that

Edited 10/04/08 08:44 AM by straughsberry

[XRPete]

He guys I'm buyin. I'm 25 and are paying of one house. and a seond block of land. My goal is to have quite a few rental propertys when I'm older. I'm a builder by trade so just buying land and building cheap houses then renting them(hope my idea works)

I'd like to live of my rentals when I retire.

[our06t]

sounds like a good plan

builder by trade jeez you would''ve only just done your time at 25

[Craig.]

He guys I'm buyin. I'm 25 and are paying of one house. and a seond block of land. My goal is to have quite a few rental propertys when I'm older. I'm a builder by trade so just buying land and building cheap houses then renting them(hope my idea works)

I'd like to live of my rentals when I retire.

Where do you live mate?

Sounds like it is somewhere where land is relatively cheap if you can pay off a house and a block of land. No cyclone rating so houses are also relatively cheap to build. I reckon you are in Adelaide!

Either that, or you are on $200k a year.

[BFHOON]

in my case I had a half share in a million+ dollar lotto win.

I payed cash for my house.

[tab]

pffft....I'm gonna win six million tonight

Just waiting for the phonecall now actually.

[BFHOON]

its a life changing experience and has set me and my partner up for life.

my father got a factory unit to build hotrods mum got a merc and all of her un finished renovations finished.

[Kimberley Scott]

Nah I cannot justify the 10 dollar ticket to win a million, have to wait until it jackpots to 17 million.

Scotty

[Dagabond]

17Mill Saturday and 25Mill Tuesday but I already have the winning tickets .....in both...

[Fat-Tony]

With odds of 8.5 million to one, how could you lose.