Yep, factor in that most of your mortgage is in actuality payed to yourself. You actually pay a couple hundred dollars per month to your bank instead of over a thousand to your landlord.
I’m currently working through getting everything fixed and sorted following an intense hail storm and it’s become very apparent that I’ve taken on the role of property manager by daring to own my own home. Honestly a pain in the butt at times. Long term it’s worth while but yikes!
It’s cool right up to the day something breaks and you realize that you are the landlord now.
And every day, something new breaks.
My landlord will fix any problem I point out to him, as long as I am willing to wait somewhere between 2 weeks and however long I hold the lease.
Then you pay for it and still come out ahead.
It have a home maintenance plan for more predictable cost and renting like experience, and coming less ahead than renting, but still somewhat ahead.
Yep, factor in that most of your mortgage is in actuality payed to yourself. You actually pay a couple hundred dollars per month to your bank instead of over a thousand to your landlord.
That’s one way of looking at it, not usually the accurate way, but it is a way.
lol
This is financial double speak.
I’m currently working through getting everything fixed and sorted following an intense hail storm and it’s become very apparent that I’ve taken on the role of property manager by daring to own my own home. Honestly a pain in the butt at times. Long term it’s worth while but yikes!