SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pheilman_ who wrote (63450)10/7/2006 2:51:44 PM
From: TradeliteRead Replies (2) of 306849
 
Pardon my obvious prejudice, but having to write a check to a landlord every month for $1,600 is not a gift. <<GG>>

I know renting is a good option for some people. But my math tells me that a decade or two or three of doling out rent checks adds up to.......you do the math....much more than a downpayment on something to own.

In fact, I think condo ownership in general doesn't compute too well for certain people, if it's one of those hi-rise luxury jobs with pool, tennis and a bunch of amenities not everyone uses or needs equally, which costs hundreds and hundreds per month in non-tax-deductible condo fees and an ever-rising, unpredictable bill for shared property maintenance.

This is a good time in history for renters who know they want to own someday to check around and study ways to rent and profit from it and for owners of glut-ridden condo communities to examine creative ways to handle the bills.

(And by the way, owners and prospective renters aren't going to find these deals thru real estate agents. No incentive for agents to get involved in lease/option stuff. This is something the parties should work out on their own. I assume that the internet would make it easier these days for the two to hook up and make a deal--but obviously they need a lawyer to draw up a contract/lease that protects both parties.)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News