Comments on: We got milked for $24,000 last year. How about you?

By: J. Money

J. Money — Thu, 30 Sep 2010 00:45:37 +0000

Yep, you got that right!

By: auntrapunewer

auntrapunewer — Wed, 29 Sep 2010 16:44:05 +0000

I think most peole fail to take into account when going from “renting” to “owning” are the unknown expenses. I would advise a sizable savings dedicated just for that purpose, otherwise your dream home can turn into your worst nightmare.

By: J. Money

J. Money — Tue, 09 Feb 2010 02:44:23 +0000

Wow, so cool to see the differences in price here. 3 Bedroom for a $376 mortgage? Yes please! haha....although that would still get me stuck in one place (my real complaint with owning).

Appreciate you sharing!

By: Anonymous

Anonymous — Mon, 08 Feb 2010 20:48:02 +0000

My rental days were $300-385 for 1 bedroom apartment (600 sq ft). Water/trash were paid by landlord. Electric averaged $60. There was a laundry room, pool, club house and safe neighborhood.

I bought a 3 bed/1bath with carport 8 years ago. It's a 50 year old ranch with 960 sq ft. I have a laundry room and nicely sized kitchen. I also have a little yard. My mortgage is $376 with insurance/taxes. My water bill is $52, trash $11, electric $21 and gas is $39. All the bills are averaged. I paid about $3500 in repairs and maintenance with broken water heater, privacy fence replacement, 2 plumbing problems and locksmith twice.

The priceless part is having a little elbow room between the amorous or party animal neighbors. Also, my landlord had some tenants who trashed their apartments and the bugs and critters moved in. In a house, there is a little more room so the problems don't just move next door.