Comments on: Rent Vs. Buy; the Guilt, the Guilt…

By: Little House

Little House — Tue, 04 Jan 2011 18:24:03 +0000

@Billy Pilgrim Thanks for clarifying that, Billy. You're right, the appreciation is the profit on a sale. But it's predicting what that profit might be.

By: Billy Pilgrim

Billy Pilgrim — Tue, 04 Jan 2011 17:58:41 +0000

re your question about factoring in profit on sale of a home you own… isn’t that what the “Appreciation” value does? You would not realize that value unless you sold the home.

By: Little House in the Valley

Little House in the Valley — Tue, 04 Jan 2011 16:32:29 +0000

[...] Rent vs. Buy; The Guilt, the Guilt [...]

By: Mrs. Money

Mrs. Money — Sat, 30 Jan 2010 02:08:15 +0000

We bought our house 3 years ago and I don’t know if it’s the best decision we made. But, at the same point, we enjoy it so I guess it works out okay.
.-= Mrs. Money´s last blog ..Is Being Frugal Always Being Different? =-.

By: Little House

Little House — Sat, 30 Jan 2010 01:19:19 +0000

@Susan Tiner Thanks Susan for that link. I'll check it out. I've looked at some of you spreadsheets before and they are very detailed.

By: Little House in the Valley » Rent Vs. Buy; the Guilt, the Guilt… | Drakz Free Online Service

Fri, 29 Jan 2010 19:02:22 +0000

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By: Susan Tiner

Susan Tiner — Fri, 29 Jan 2010 18:01:39 +0000

Hi Little House, I recently wrote a post on this topic
http://www.financialorganizing.info/?p=998
with a downloadable spreadsheet you can customize. If you want to use it, let me know if you have any questions. The home appreciation is based on W. Bernstein’s estimate of about 1% growth per year, adjusted for inflation.
.-= Susan Tiner´s last blog ..Contest Ends on January 31st! =-.

By: Little House

Little House — Fri, 29 Jan 2010 14:52:40 +0000

@Mark We've actually looked at a similar property when we were first thinking of buying. Of course, we weren't and still aren't ready to buy yet. We do like this idea though. Our current idea is to buy land, build a garage with an apartment to live in ourselves while building the house. This way we could always rent it out at some point.

By: Mark

Mark — Fri, 29 Jan 2010 13:18:49 +0000

It all depends on how you approach your stepping stones. Have you thought about buying a property with a guest house above a detached garage that you can rent out to lower your mortgage payments? .-= Mark´s last blog ..2010 Reap The Rewards =-.