rent -own
What is the difference if u rent or own. U still have a monthly expense and u have to pay it or... move out! The term landlord is out dated. If u own and rent out property u have to manage it.. Mortgage payments..utilities if you include them in the tenants rent..property taxes....maintenance and repairs..rental collection ..as well as dealing with non payment. As far as appreciation...has any one heard about the housing crash... Houses went down to half in lot of areas. If I had a good job I would rent and not deal with this but I do remodeling , so almost had to link in with this as a way to make a living... I can tell u this , the only lord in the land is the BANK.....unless u pay cash... So next time u say your landlord is rich maybe he eatin Ramon noodles to pay the mortgage and clean up an remodel the apartment from the last bad tenant. I am hoping property goes up so I can sell off and be independentally wealthy from the small rentals I got and open up a bed an breakfast for cyclist..... I can steal my family recipes for italian cookies and make a fortune .... Hehehe..okay time to wake up.....