My landlord is fantastic. I would love to buy this apartment tbh. LOL. Or
the whole building (2 apartments total). I don't know how much she'd sell
it for. It's in great condition but it's also pre-war so it's old, which
has it's own problems, but should be priced fairly. And a quick sell, with
cash, might be appealing for her.
In general though, I would buy small. My parents bought a small house,
actually. Like 100K I think. I would try to spend less than 20%, and
actually even less if I could. Personally, I don't think houses are for me.
We like small apartments. I like what we have now, you know? And, I feel
like, aside from an extra room for kids, that's about all I'd want. And I
think because of that, a co-op or condo would be perfect. I also don't like
suburbs. I prefer urban living. I just don't want to invest in other
people, you know? I don't want to line the pockets of a landlord for
another 10 years. I feel like it's throwing my money away. With a
modest/small co-op or condo, it would be low cost, no up-keep, just pay a
small maintenance fee instead. They're also easier to sell which I think is
a big deal if you buy young.
I'm kind of in this place where I really think I'm going to commit to this
institution and I want to ride it out. I can even get my masters for free
if I stick it out. If I remain in my union, stay with the college, I could
retire in 18 years with the city, and 22 years with the state. I could have
2 pensions. I'm turning 28. I would retire by 50. It's safe and good for my
family.
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momijizukamori
no subject
Date: 2018-08-03 03:46 am (UTC)My landlord is fantastic. I would love to buy this apartment tbh. LOL. Or the whole building (2 apartments total). I don't know how much she'd sell it for. It's in great condition but it's also pre-war so it's old, which has it's own problems, but should be priced fairly. And a quick sell, with cash, might be appealing for her.
In general though, I would buy small. My parents bought a small house, actually. Like 100K I think. I would try to spend less than 20%, and actually even less if I could. Personally, I don't think houses are for me. We like small apartments. I like what we have now, you know? And, I feel like, aside from an extra room for kids, that's about all I'd want. And I think because of that, a co-op or condo would be perfect. I also don't like suburbs. I prefer urban living. I just don't want to invest in other people, you know? I don't want to line the pockets of a landlord for another 10 years. I feel like it's throwing my money away. With a modest/small co-op or condo, it would be low cost, no up-keep, just pay a small maintenance fee instead. They're also easier to sell which I think is a big deal if you buy young.
I'm kind of in this place where I really think I'm going to commit to this institution and I want to ride it out. I can even get my masters for free if I stick it out. If I remain in my union, stay with the college, I could retire in 18 years with the city, and 22 years with the state. I could have 2 pensions. I'm turning 28. I would retire by 50. It's safe and good for my family.