Quote:
Originally Posted by AGDee
You could if you were still up here...house next door to me went for $30K. A 3 bedroom ranch in a safe tree lined suburb! 4 bedroom cape cod with hot tub and in ground pool went for $43K.
|
Yeah now but those houses probably went for about 200K five years ago. If I lived in MI making the money I make now I'd own at least two houses right now with one of them without a mortgage. One to live in and another one (or two) to rent out and then sell later on in life once the housing market in MI got better. I thought about buying a house and renting it out but the whole long distance landlord thing wasn't very appealing to me, even though I would've only had a $20k mortgage. And on another note, the city where I'm currently vying for a job has
starter homes starting at $260k
