renting - buying

[dwiley11]

renting because i'm single

[SherylsShado]

I've been renting an old house for a few years now and I've never regretted being a renter vs owner.  I never want to be tied to a house & certainly not this one.  Every repair, the replaced roof, the replaced furnace, and through all the water damages....it's been better to be a renter.  I like that I can pick up & go somewhere else whenever I want. 

[ljrjess69]

yep i rather buy then rent..........

[bretay]

we own ours...he gets a disability check...so its good we do...dont know how we would make a payment if we were renting

[dsosnowski06]

We own and refinanced once to get a lower rate and less years.  Worked out well and house was paid for when the kids started college. 

[holmesch22]

I am buying my home

[Cbsteffen]

I rent. The process tends to be cheaper for individuals with disabilities.

[mrisha]

I hated renting.  You always find that the idiot living above you walks thru their apartment with hard sole shoes or boots.  I got fed up with that and purchased a Condo.  I hated that too because it's the same as living in an Apartment.  Somehow the duct work was connected to the neighbor across the hall.  I was in pure hell because the people either talked too loud (I could hear their complete conversation) or played music.  I complained to the board, they called her and she lied about playing music all night.  I had to get the hell out of that building.  I purchased a house and have had some small issues with the neighbors, but doing ok.

[PGS28]

Wow! How did you buy a duplex at 18?

renting can be a great idea for so many reasons.  When it is time to replace a roof is when i wish i was a renter!!

I have been an owner since I was eighteen when I bought my first duplex. The payments were always considerably less than it would have  be for me to have rented in the area that I lived. This was only one consideration. With the duplexes that I owned the mortgage payment was generally paid for by my tenants. My mortgage payments, initially, were primarily interest and interest paid on a mortgage is tax deductible. I am able to sell a property, after two years, and not have to pay interest on profits of up to two hundred and fifty thousand dollars. I have had properties in Wisconsin and Colorado and never felt tied down or imprisoned by my real estate holdings. I have been looking for a property to buy near my daughter's college but have not found any good deals. My son is looking at going to college in either Florida or California and I feel comfortable in saying that we will be buying a property near his college.

[PGS28]

I bought my home paid in full 2 years ago and am now looking to upgrade.  2 years from now I'll be buying investment properties (Lord willing).  I think there's advantages to both renting and buying but it gives me peace of mind to not have rent or mortgage.

[JaniceSW]

Whether you rent or buy is very individualized and depends on your particular circumstances.  At this point in life, I am considering my options.  I presently live in a house that I have lived in since 1988.  It is paid for but is demanding a lot of upkeep and investment to maintain soon.  I am looking at buying a different home, perhaps a condo, or possibly a manufactured home or just renting an apartment. They all have pluses and minuses, but I have to look where I am in my lifespan and my capabilities and desires.

[camicat]

I am currently separated and my husband lives in the house we bought together 9 years ago. I am renting and paying rent. What sucks is that my rent and all involved is more than paying the mortgage and insurance/taxes, etc and my house is smaller than 'our' house. Rent is outrageously priced.

[dancer139]

I have lived in my home for over 30 years and it is all mine !!!  Mortgage free and I can do as I wish 

[ancmetro]

  I wamt ownership rights. I make mortgage payments only!

[patapon555]

Renting is better when you're not settled in life. When you have a family and settle down, buying a house makes sense.