Heh, I did the math last night on the overall gain/loss from owning a house for 13 years (after figuring in the money received at closing), and even with a decent payout it was still a slight net loss compared to renting for the same time period. At least, for this particular instance, the monthly cost ended up just slightly higher than a rental. Not a huge difference though.
As for the light, it wasn’t really that big a purchase… but it happened right after closing so I thought I should share.
Heh, I did the math last night on the overall gain/loss from owning a house for 13 years (after figuring in the money received at closing), and even with a decent payout it was still a slight net loss compared to renting for the same time period. At least, for this particular instance, the monthly cost ended up just slightly higher than a rental. Not a huge difference though.
As for the light, it wasn’t really that big a purchase… but it happened right after closing so I thought I should share.
So how does your landlord make a profit then?
I’m assuming you moved from a larger place to a smaller one, or into a different city or somewhere with lower building prices
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
Heh, I did the math last night on the overall gain/loss from owning a house for 13 years (after figuring in the money received at closing), and even with a decent payout it was still a slight net loss compared to renting for the same time period. At least, for this particular instance, the monthly cost ended up just slightly higher than a rental. Not a huge difference though.
As for the light, it wasn’t really that big a purchase… but it happened right after closing so I thought I should share.
So how does your landlord make a profit then?
I’m assuming you moved from a larger place to a smaller one, or into a different city or somewhere with lower building prices
I didn’t do more than brief experiments of chatting before Internet service became unlimited time. But, around that time, I heard about people losing their houses to pay phone bills.
—
Flashlight designers should look at lighthouses and pottery.
这些谁设计的手电筒应该看灯塔，以及在陶器。
Heh, I did the math last night on the overall gain/loss from owning a house for 13 years (after figuring in the money received at closing), and even with a decent payout it was still a slight net loss compared to renting for the same time period. At least, for this particular instance, the monthly cost ended up just slightly higher than a rental. Not a huge difference though.
As for the light, it wasn’t really that big a purchase… but it happened right after closing so I thought I should share.
So how does your landlord make a profit then?
I’m assuming you moved from a larger place to a smaller one, or into a different city or somewhere with lower building prices
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
Oh, if you pay off the whole mortgage, or buy a multi-plex, the rental price is enough to make a profit. But individual houses around here aren’t profitable to rent out while they still have an active mortgage, since the monthly fees plus maintenance are more than the going prices for rent.
Oh, if you pay off the whole mortgage, or buy a multi-plex, the rental price is enough to make a profit. But individual houses around here aren’t profitable to rent out while they still have an active mortgage, since the monthly fees plus maintenance are more than the going prices for rent.
So your saying the cost of ownership is much lower after the house is paid off, but if you always rent it will never be paid off
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
Heh, I did the math last night on the overall gain/loss from owning a house for 13 years (after figuring in the money received at closing), and even with a decent payout it was still a slight net loss compared to renting for the same time period. At least, for this particular instance, the monthly cost ended up just slightly higher than a rental. Not a huge difference though.
As for the light, it wasn’t really that big a purchase… but it happened right after closing so I thought I should share.
So how does your landlord make a profit then?
I’m assuming you moved from a larger place to a smaller one, or into a different city or somewhere with lower building prices
He doesn’t sell, he keeps renting it…
me confused
OK, so me explain You do know that there are closing costs, loan initiation fees, maintenance, taxes, interest, maybe paid points, maybe paid association fees to think about too. Plus, an assumption that the house will actually increase in value instead of stay the same or decrease to account for/pay for before you can actually “come out ahead” of renting within less than 10 years usually? On top of that, if you are not staying there forever, when it comes time to sell, the cost must have appreciated enough to cover the costs of listing, and hiring a real estate agent, (and don’t forget probably paying taxes on the appreciation) can be paid for without incurring a loss when you sell? So, there is always a required time period of ownership before owning is actually “worth it” if you take the actual expenses into account.
So, if you aren’t selling soon, or you aren’t paying much interest, it becomes easily profitable to rent it out, but not a smart bargain for those not staying very many years.
Heh, I did the math last night on the overall gain/loss from owning a house for 13 years (after figuring in the money received at closing), and even with a decent payout it was still a slight net loss compared to renting for the same time period. At least, for this particular instance, the monthly cost ended up just slightly higher than a rental. Not a huge difference though.
As for the light, it wasn’t really that big a purchase… but it happened right after closing so I thought I should share.
So how does your landlord make a profit then?
I’m assuming you moved from a larger place to a smaller one, or into a different city or somewhere with lower building prices
He doesn’t sell, he keeps renting it…
me confused
OK, so me explain You do know that there are closing costs, loan initiation fees, maintenance, taxes, interest, maybe paid points, maybe paid association fees to think about too. Plus, an assumption that the house will actually increase in value instead of stay the same or decrease to account for/pay for before you can actually “come out ahead” of renting within less than 10 years usually? On top of that, if you are not staying there forever, when it comes time to sell, the cost must have appreciated enough to cover the costs of listing, and hiring a real estate agent, (and don’t forget probably paying taxes on the appreciation) can be paid for without incurring a loss when you sell? So, there is always a required time period of ownership before owning is actually “worth it” if you take the actual expenses into account.
So, if you aren’t selling soon, or you aren’t paying much interest, it becomes easily profitable to rent it out, but not a smart bargain for those not staying very many years.
I agree, i assume a house will never appreciate in value because cyclical trends are unpredictable, I assume it would be worth the same as it it today (inflation adjusted). If it does appreciate then thats a bonus but i won’t count on it because you cannot predict trends
By selling your in for a world of fees like you mentioned, and same for buying, around here the mantra is less then 5 years your better off renting.
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
When your post man brings you a bundle of 5 good size packages but notices none are from China and asks if you got the one you were waiting for last week.
When you have to sign for a package from China and arnt home so you get a pink slip and under sender the postman writes “China”.
—
RIP SPC Joey Riley, KIA 11/24/14. Now I am become death, the destroyer of worlds.
You really can’t resist a GB, even if it is a light you aren’t too much interested in, and you have other lights already on the way.
You have flashlights coming, but they are taking a while to get to you, so, getting antsy, you make a trip to the store just to buy a flashlight, even though you don’t need one anyway.
When you decide to stop buying flashlights, then you start using the excuse of buying flashlights for others, and try to find more people to keep buying them for.
I’ve done all the above.
—
The Cycle of Goodness: “No one prospers without rendering benefit to others”
- The YKK Philosophy
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
Heh, I did the math last night on the overall gain/loss from owning a house for 13 years (after figuring in the money received at closing), and even with a decent payout it was still a slight net loss compared to renting for the same time period. At least, for this particular instance, the monthly cost ended up just slightly higher than a rental. Not a huge difference though.
As for the light, it wasn’t really that big a purchase… but it happened right after closing so I thought I should share.
So how does your landlord make a profit then?
I’m assuming you moved from a larger place to a smaller one, or into a different city or somewhere with lower building prices
The Journal of Alternative Facts TM
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
He doesn’t sell, he keeps renting it…
I didn’t do more than brief experiments of chatting before Internet service became unlimited time. But, around that time, I heard about people losing their houses to pay phone bills.
Flashlight designers should look at lighthouses and pottery.
这些谁设计的手电筒应该看灯塔，以及在陶器。
me confused
The Journal of Alternative Facts TM
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
When the postman arrives at work and everyone in the office says “that looks like a torch sized box” and points in your direction!
When you’re too embarrassed to open your package because everyone is curious what you ordered but you know it’s your 8th flashlight in the box.
I have to admit this is the strangest one so far, i can’t fathom being embarrassed when receiving a flashlight
The Journal of Alternative Facts TM
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
When at university you talk to your machine shop professor about titanium and he laughs when he learns it was all about building a flashlight…
Oh, if you pay off the whole mortgage, or buy a multi-plex, the rental price is enough to make a profit. But individual houses around here aren’t profitable to rent out while they still have an active mortgage, since the monthly fees plus maintenance are more than the going prices for rent.
Only 8 flashlights! How do you keep from hurting yourself when you trip in the dark?
Flashlight designers should look at lighthouses and pottery.
这些谁设计的手电筒应该看灯塔，以及在陶器。
So your saying the cost of ownership is much lower after the house is paid off, but if you always rent it will never be paid off
The Journal of Alternative Facts TM
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
You're a flashaholic when you get a package and have no idea what's in it .
καὶ τὸ φῶς ἐν τῇ σκοτίᾳ φαίνει καὶ ἡ σκοτία αὐτὸ οὐ κατέλαβεν
Dc-fix diffuser film >… http://budgetlightforum.com/node/42208
When a repairman comes over and notices about 15 torches on my hutch[less than half my collection] and he says, wow look at all those flash lights!
Even though it is day time I give him the numbers[lumens/throw] for most of the lights and a demonstration down my semi dark hallway!
This happened a few days ago when I got my new dryer!! lol!!!
Solitude breeds contemplation which creates clarity.
Environment molds a person. Perseverance changes them.
WOLFDOG
OK, so me explain
You do know that there are closing costs, loan initiation fees, maintenance, taxes, interest, maybe paid points, maybe paid association fees to think about too. Plus, an assumption that the house will actually increase in value instead of stay the same or decrease to account for/pay for before you can actually “come out ahead” of renting within less than 10 years usually? On top of that, if you are not staying there forever, when it comes time to sell, the cost must have appreciated enough to cover the costs of listing, and hiring a real estate agent, (and don’t forget probably paying taxes on the appreciation) can be paid for without incurring a loss when you sell? So, there is always a required time period of ownership before owning is actually “worth it” if you take the actual expenses into account.
So, if you aren’t selling soon, or you aren’t paying much interest, it becomes easily profitable to rent it out, but not a smart bargain for those not staying very many years.
If you can’t blind them with your brilliance, baffle them with your bullcrap.
The real currency in the world is not money, it’s trust.
I agree, i assume a house will never appreciate in value because cyclical trends are unpredictable, I assume it would be worth the same as it it today (inflation adjusted). If it does appreciate then thats a bonus but i won’t count on it because you cannot predict trends
By selling your in for a world of fees like you mentioned, and same for buying, around here the mantra is less then 5 years your better off renting.
The Journal of Alternative Facts TM
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
you can tell which postal carrier is outside your door just by the sounds of the truck.
If you can’t blind them with your brilliance, baffle them with your bullcrap.
The real currency in the world is not money, it’s trust.
UPS has aluminum trucks. I tested with a magnet.
Flashlight designers should look at lighthouses and pottery.
这些谁设计的手电筒应该看灯塔，以及在陶器。
You have a Flashlight addiction when:
You’ve been sick and gone and out of touch and you check in with BLF before you log in to your email account
Been away from BLF. Just logged in for the first time in about 18 weeks.
PS. It’s worse than I thought. My first post back, was participating in a group buy
:bigsmile:
Welcome back!
Welcome back!
BLF ≠ B-grade Flashlight Forum
You have a fashlight addiction when pie costs more than casserole. :bigsmile:
When you see this image and first thought that pops your mind is “how deep this reflector is?”
- You have a flashlight addiction when you've modded more lights in a week than most people own in their entire life .
- When you have more posts on a flashlight forum than the Administrator.
-When people cower when they show you their light .
-When you lie about the price of your light (low).
-When You buy a light and really like it ....and then buy 4 more .
-When you consider buying another car because you have the perfect light for it .
-When you get excited about your girlfriends laptop needing a new battery.
καὶ τὸ φῶς ἐν τῇ σκοτίᾳ φαίνει καὶ ἡ σκοτία αὐτὸ οὐ κατέλαβεν
Dc-fix diffuser film >… http://budgetlightforum.com/node/42208
At least you didn’t get a new girlfriend because you had the right light for her.
Nice post!
Flashlight designers should look at lighthouses and pottery.
这些谁设计的手电筒应该看灯塔，以及在陶器。
When your post man brings you a bundle of 5 good size packages but notices none are from China and asks if you got the one you were waiting for last week.
When you have to sign for a package from China and arnt home so you get a pink slip and under sender the postman writes “China”.
RIP SPC Joey Riley, KIA 11/24/14. Now I am become death, the destroyer of worlds.
You can never order just one.
You really can’t resist a GB, even if it is a light you aren’t too much interested in, and you have other lights already on the way.
You have flashlights coming, but they are taking a while to get to you, so, getting antsy, you make a trip to the store just to buy a flashlight, even though you don’t need one anyway.
When you decide to stop buying flashlights, then you start using the excuse of buying flashlights for others, and try to find more people to keep buying them for.
I’ve done all the above.
The Cycle of Goodness: “No one prospers without rendering benefit to others”
- The YKK Philosophy
When you go to work on a Sunday night just so you can log onto BLF. :bigsmile:
aye carumba, the first thought before i read the description was what size of reflector is that
The Journal of Alternative Facts TM
"It is critical that there is a credible academic source for the growing and important discipline of alternative facts. This field of study will just keep winning, and we knew that all the best people would want to be on board. There is a real risk in the world today that people might be getting their information about science from actual scientists"
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