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Discussion Boards => Off-Topic => Topic started by: aggie49 on January 06, 2014, 12:21:50 pm

Title: rent or own
Post by: aggie49 on January 06, 2014, 12:21:50 pm
we rent for now we are looking to buy within the next year
Title: Re: rent or own
Post by: mardukblood2009 on January 06, 2014, 06:00:52 pm
We own a double house and rent out the other side. Renting is not always what it is cracked up to be. :confused1:
Title: Re: rent or own
Post by: masked_brown_guy on January 06, 2014, 06:26:02 pm
i'd rather own that way i can make money renting out a room. easy cash and repairs are not so bad if you keep up with maintenance.
Title: Re: rent or own
Post by: msmoneybags48 on January 07, 2014, 04:36:33 am
I would prefer to own than rent.  I rented apartments in Chicago, and some of them were real eyesores.  I lived in an apartment where we didn't have rats, but superrats.  They would sit there and stare at you.  I am fortunate; I live in a house that is old, and it was already owned by my husband's family.  We have been together 4 years and married for 2 years.  It is good, but the coldest room in the entire house is our bedroom. :thumbsup: :thumbsup: :thumbsup: :rainbow:
Title: Re: rent or own
Post by: ljrjess69 on January 07, 2014, 05:02:41 am
I own,,,,,,
Title: Re: rent or own
Post by: nannycoe1 on January 07, 2014, 05:31:55 am
own in 27 more years. lol
Title: Re: rent or own
Post by: Timberlan127 on January 07, 2014, 05:47:43 am
You're smart to be saving to buy a house next year. At least when you pay a mortgage you know you own the home. It's depressing to pay all that money and think that you own nothing when you get done. My niece just realized that in one year they payed out over $10,000 dollars and own nothing. So work toward your goal.
Title: Re: rent or own
Post by: devideddi on January 07, 2014, 07:23:10 am
We rent.  :)
Title: Re: rent or own
Post by: autumnsparklemom on January 07, 2014, 07:55:32 am
we own our home. I used to own a trailer park and sold it last year. I feel folks are wasting money on renting. Can use the rent to pay on a mortgage.
Title: Re: rent or own
Post by: momdileo on January 07, 2014, 08:53:12 am
We were renting for 12 years. Finally we bought our first house last year.
Title: Re: rent or own
Post by: nguzman1 on January 07, 2014, 08:55:37 am
That is great. I am living and renting a room from my parents.
Title: Re: rent or own
Post by: sanglee on January 07, 2014, 10:03:15 am
I am an apartment dweller, ive been living in apartments all my life, i wish one day to won a big home though
Title: Re: rent or own
Post by: madeara on January 07, 2014, 10:56:25 am
Hi aggie,
I live with my parents, who own the house.  We have lived here for thirty one years.  Have a great day!
Title: Re: rent or own
Post by: squirrelgirl44 on January 07, 2014, 11:07:04 am
I own my home (second home I've owned) and I wish I didn't.... I would much rather rent.
Title: Re: rent or own
Post by: lmrbean on January 07, 2014, 11:10:55 am
Own - for 35 years and counting ...
Title: Re: rent or own
Post by: makeblessed on January 07, 2014, 11:46:44 am
We own, it  awful when they raise your rent beyond your budget;  owning  helps to control expenses, with renting it is no investment, but I understand a lot of people have to as it is not that easy to purchase home/condo. Good luck in your future purchase, I think it will be worth it in the long run.
Title: Re: rent or own
Post by: cwillard1 on January 07, 2014, 12:27:13 pm
Well , I now rent due to a divorce.  THis is new for me.  I had a condo I owned before I got married and made the mistake of selling to buy house.  Now I am back to paying alot of rent after 13 years.  Hoping to one day go back to owning if I am not too old then.
Title: Re: rent or own
Post by: vickysue on January 07, 2014, 01:05:25 pm
We own. But as a single person i rented. I did not have to worry about  maintance. If something should happen to hubby i will sell out and rent again. At 70 plus years it is hard to do all the yard workand all the other things that you have to do to your home. 
Title: Re: rent or own
Post by: dwiley11 on January 07, 2014, 01:31:02 pm
i owned for 11 years and lost it because of bush and the housing crises i lost my job that year and got no help so i dont trust enough to buy again
Title: Re: rent or own
Post by: Penwoir on January 07, 2014, 03:56:39 pm
As a general rule I would say it is better to own. Especially if you plan to stay in your house for a number of years. The only time I would say it may be better to rent, is if you are either in the military or don't plan to be in that location for long. If house prices drop significantly and you are unable to sell, you may be forced to rent out your house and that may be a headache you don't want. If however the idea of becoming a landlord appeals to you, then why not buy anyway. By the time your house is paid off (ie in 25 years), it is certain to be worth more than the purchase price.
Title: Re: rent or own
Post by: cberman on January 07, 2014, 04:23:40 pm
own I really like having my own house
Title: Re: rent or own
Post by: loulizlee on January 07, 2014, 04:56:11 pm
In our 50 years together, we have rented apartments and owned houses.  Now we live in a house on a small farm that my husband inherited from his parents.  I like this much better.  We also have a nice mobile home on the property that we rent out.  Our renters are great.  We hesitated to rent it because we had such terrible experiences twice when we rented out the house before we moved in.  The house was so damaged we had to practically redo the whole inside.  We swore we would never rent again, but we were fortunate this time.
Title: Re: rent or own
Post by: jmc1982 on January 07, 2014, 04:59:26 pm
I'm currently renting and like it that way fr now
Title: Re: rent or own
Post by: dancer139 on January 07, 2014, 06:40:25 pm
I am lucky to own my home.  It has been paid off for the last 16 years !!!!  I was so happy to pay that last payment.  It was an awesome feeling !!!!!
Title: Re: rent or own
Post by: Dynamite2013 on January 07, 2014, 07:07:07 pm
We own our home and it is just what we wanted. We bought it 13 years ago and plan to stay here forever. It is just big enough for our needs. We purchased it online and moved here from another state. It was the best move we ever made. I know it was taking a chance but we pray a lot and trusted that God would guide us and He did. I hope everyone who are looking for a home prays because God delivers what you need I truly believe that.
Title: Re: rent or own
Post by: ricdsm on January 07, 2014, 08:07:35 pm
We own.  Only $30,000.00  more and we really own it.
Title: Re: rent or own
Post by: kingozzy on January 08, 2014, 06:51:04 am
I bought my first home about a year and a half ago, I love it, its so nice to have something I can call my own even though I don't own it yet
Title: Re: rent or own
Post by: Skyenkit on January 08, 2014, 01:45:02 pm
Own but still paying for it. It kinda renting though.
Title: Re: rent or own
Post by: gbabesmom on January 08, 2014, 03:10:30 pm
We have a house. Hope to be mortgage free soon.  :)
Title: Re: rent or own
Post by: crisstar on January 08, 2014, 03:22:02 pm
I own. You want to buy when the interest rates are low. :thumbsup:
Title: Re: rent or own
Post by: lywb2168 on January 08, 2014, 03:36:27 pm
I have own this house for almost 14 years and counting and not planning to move.
Title: Re: rent or own
Post by: shepherdchik on January 08, 2014, 04:05:01 pm
I live with my parents now. They just bought a house and I moved with them. I am trying to pay off a lot of bills and save money to rent or possibly save money to buy my own house. The area we moved to the houses are relatively cheap compared to where we did live!