teamgreen02 Posted March 18, 2018 Share Posted March 18, 2018 We live in half the house the bank would loan us money for, on a 15 year mortgage, and will be paid off in my mid 40s. I'll let others play the crazy housing game. I'll be ready for retirement in my 50s and sitting on the beach somewhere. Or still working but not because I have to. Quote Link to comment Share on other sites More sharing options...
smokin george Posted March 18, 2018 Share Posted March 18, 2018 13 minutes ago, teamgreen02 said: We live in half the house the bank would loan us money for, on a 15 year mortgage, and will be paid off in my mid 40s. I'll let others play the crazy housing game. I'll be ready for retirement in my 50s and sitting on the beach somewhere. Or still working but not because I have to. That's the way to do it!. A sign went up next to a friends place and the wife looked up the listing out of curiosity. 25 acre property with an old shack on it for $249K. Then she saw the listing that were looking at and said what sou you think?. I said let's check it out and the process has begun. I never thought of going waterfront and now may be able to just hop in the boat and go Quote Link to comment Share on other sites More sharing options...
NaturallyAspirated Posted March 18, 2018 Share Posted March 18, 2018 23 minutes ago, teamgreen02 said: We live in half the house the bank would loan us money for, on a 15 year mortgage, and will be paid off in my mid 40s. I'll let others play the crazy housing game. I'll be ready for retirement in my 50s and sitting on the beach somewhere. Or still working but not because I have to. Similar boat here, I'm 1.3 years into my 10 year mortgage. Neal 1 Quote Link to comment Share on other sites More sharing options...
smokin george Posted March 18, 2018 Share Posted March 18, 2018 1 minute ago, NaturallyAspirated said: Similar boat here, I'm 1.3 years into my 10 year mortgage. Neal Way to go! We've never tried to keep up to the Joneses. Banks love them lol 2 Quote Link to comment Share on other sites More sharing options...
Dave Posted March 18, 2018 Share Posted March 18, 2018 19 minutes ago, NaturallyAspirated said: Similar boat here, I'm 1.3 years into my 10 year mortgage. Neal You re mortgaged your house? Quote Link to comment Share on other sites More sharing options...
NaturallyAspirated Posted March 18, 2018 Share Posted March 18, 2018 8 minutes ago, DAVE said: You re mortgaged your house? Technically no, it's contract for deed, at 2%. Neal Quote Link to comment Share on other sites More sharing options...
Dave Posted March 18, 2018 Share Posted March 18, 2018 1 minute ago, NaturallyAspirated said: Technically no, it's contract for deed, at 2%. Neal You bought your parents place? Quote Link to comment Share on other sites More sharing options...
NaturallyAspirated Posted March 18, 2018 Share Posted March 18, 2018 1 minute ago, DAVE said: You bought your parents place? Yessir. 10 acres, 2000 sq foot house, 48'x64' shop, and a couple grain bins. Neal Quote Link to comment Share on other sites More sharing options...
Whiskey Tango Foxtrot Posted March 18, 2018 Share Posted March 18, 2018 2 minutes ago, NaturallyAspirated said: Yessir. 10 acres, 2000 sq foot house, 48'x64' shop, and a couple grain bins. Neal Any livestock? Quote Link to comment Share on other sites More sharing options...
Dave Posted March 18, 2018 Share Posted March 18, 2018 2 minutes ago, NaturallyAspirated said: Yessir. 10 acres, 2000 sq foot house, 48'x64' shop, and a couple grain bins. Neal I think thats what im gonna end up doing as well. No mortgage though. Quote Link to comment Share on other sites More sharing options...
NaturallyAspirated Posted March 18, 2018 Share Posted March 18, 2018 Just now, Whiskey Tango Foxtrot said: Any livestock? Yes, horses, pony, goats. Cows heard is almost all dad's at present. Next 3 years will change that though. We are planning major expansion into the beef cow heard and facilities. Neal 1 Quote Link to comment Share on other sites More sharing options...
NaturallyAspirated Posted March 18, 2018 Share Posted March 18, 2018 2 minutes ago, DAVE said: I think thats what im gonna end up doing as well. No mortgage though. It's working out well for me. Neal Quote Link to comment Share on other sites More sharing options...
motonoggin Posted March 18, 2018 Share Posted March 18, 2018 Seven years left on my mortgage. Probably pay it off in 5. Quote Link to comment Share on other sites More sharing options...
Dave Posted March 18, 2018 Share Posted March 18, 2018 Just now, NaturallyAspirated said: It's working out well for me. Neal im almost 50...aint nobody got time for a mortgage at that age. Quote Link to comment Share on other sites More sharing options...
NaturallyAspirated Posted March 18, 2018 Share Posted March 18, 2018 1 minute ago, DAVE said: im almost 50...aint nobody got time for a mortgage at that age. Copy that shit. I hope to be semi-retired in 10 years. Running the cows is enjoyable enough and enough to keep me busy, yet not have to miss the kids school stuff. My kids will all be out of the house when I'm 52. Neal Quote Link to comment Share on other sites More sharing options...
smokin george Posted March 18, 2018 Share Posted March 18, 2018 We bought our place in the country 3.5 years ago as our retirement home. The prices around here are reasonable but climbing. They can have the wacked out prices, noise and traffic in the city. The only traffic up here are the neighbours going by. Quote Link to comment Share on other sites More sharing options...
snopro31 Posted March 18, 2018 Share Posted March 18, 2018 bought for under 300,000. have been asked 3 times this year if i'd sell for 350,000. If I could turn around and buy a similar property for a newer house like I have I'd do it. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted March 18, 2018 Share Posted March 18, 2018 I bought the house I live in now for 62k as a condemned 700sf rambler . out of pocket and my own time it is a 2100sf 2story . I did pay off the original note in 5 yrs . but I did refinance to make some deals I still have after the 08 crash but should be PIF in a few more yrs . I could pay it off now but that money is making more than it is costing me to keep the loan Quote Link to comment Share on other sites More sharing options...
awful knawful Posted March 18, 2018 Share Posted March 18, 2018 4 hours ago, smokin george said: Way to go! We've never tried to keep up to the Joneses. Banks love them lol Fuck the Joneses! It's all image. They are broke as fuck! Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted March 19, 2018 Platinum Contributing Member Share Posted March 19, 2018 16 hours ago, awful knawful said: Fuck the Joneses! It's all image. They are broke as fuck! Yeah they are. My average customer $850,000 house $60,000 car $800 smartphone $40 left from paycheck after covering the nut. 1 Quote Link to comment Share on other sites More sharing options...
NaturallyAspirated Posted March 19, 2018 Share Posted March 19, 2018 1 minute ago, steve from amherst said: Yeah they are. My average customer $850,000 house $60,000 car $800 smartphone $40 left from paycheck after covering the nut. If the house is an investment though! Neal Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted March 19, 2018 Platinum Contributing Member Share Posted March 19, 2018 Just may be. but that basic existing , not living. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 19, 2018 Share Posted March 19, 2018 Most just buy homes out of need, sometimes they just go up a lot, pure luck nothing more. Most around here got help from family. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 19, 2018 Share Posted March 19, 2018 28 minutes ago, NaturallyAspirated said: If the house is an investment though! Neal Its not bought as an investment, but when someone buys 20 years ago for under 400K and today are worth just under 3 million, it sorta becomes one. Don't yah think? Now repeat with a few other properties. Quote Link to comment Share on other sites More sharing options...
favoritos Posted March 19, 2018 Share Posted March 19, 2018 Rates need to go up more. Prices on housing are starting to get crazy stupid again. Buyers are playing the bidding wars. No good can come from a market like that happening. Curious to see what happens to inventory this spring. The winter market has been way too hot. Quote Link to comment Share on other sites More sharing options...
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