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Comment by webinvest

Over the last 3 years, Earning $XX per year in appreciation, $XX per year by renting the extra rooms, $XX per year from paying off the mortgage automatically, and $XX due to the lower monthly total payments compared to renting for a total of $80k/year in earnings is definitely worth mowing the lawn a dozen times a year. I haven’t even mentioned the tax deductions, or non-monetary benefits either.

Homeownership in America, assuming you paid for an inspection and didn’t buy a money-pit, typically means you will be at least middle-class for the rest of your life.

But sssssshhhh don’t tell everyone !! Otherwise there will be more buyers and more competition.

parent webinvest 3 years ago

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