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Tilted Cat Head
Administrator
Location: Manhattan, NY
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Quote:
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Originally Posted by Manuel Hong
Quote:
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Originally Posted by Cynthetiq
actually how can you make your own rules? as a landlord, I decide what can and cannot be in my renter's apartment. I specifically do not allow dogs, waterbeds and aquariums.
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Good point.
I meant making my own rules in reference to what I do with my time.
But fortunately, my landlord is really great. We pay a pretty high rent for a really nice house and it works out well. In some ways, better. Ultimately, I'm not the one responsible for repairs and property tax, and he's very accomodating.
It is true though, I would be in a far more stable position if I owned the house free and clear.
Back to the point, debt is debt, and so long as we are in debt, we don't really have control. |
I do get your points, I pay for the property taxes and expenses incurred on the rental property, so I build that into my costs for renters.
but even with a free and clear property, I'd still pay taxes on the property including all the incidentals like sewer, water. so there's still some "debt" or cost I must be prepared to spend every year.
an interesting state of mind this "slave"
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Last edited by Cynthetiq; 03-21-2008 at 10:21 AM..
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