Re: About to buy a house
Exactly. I'd have to buy a lawnmower, pay taxes, get insurance, pay for every repair in the home.. all that nonsense.
At an apartment your washer/dryer breaks...get maintenance to fix it. They cut your grass, they fix everything. It's their property. No worries.
He cited an article in the local paper that said young 20-somethings were buying homes. Yeah.. kids whom are either really rich, or really dumb, or pro baseball players.
I figure you could easily live in an apartment until your first kid is 5 years old (at which point it would be nice to live in a neighborhood).
I've got a friend who rents right now, is 27 years old, and claims that by age 35 he will own a home. I believe him too. He listens to Dave Ramsey everyday at work. haha.
How many people who buy at 25, own at 35? Probably less than 1%. He can rent all these years, and own by age 35.
|