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  #26 (permalink)  
Old Apr 06, 06
Registered User
 
Join Date: Sep 2001
matéo is a jewel in the roughmatéo is a jewel in the roughmatéo is a jewel in the roughmatéo is a jewel in the rough
Quote:
Originally Posted by hardstylin
700 a month? anyone who can afford 700 a month rent should buy there own house and rent a room not the other way around.

rent=money you will never see

mortgage payments= investment
Dude. It would cost you like a 50 000 dollar down payment in order to pay that much a month. Most people who rent obviously can't come up with the downpayment. Renting has its ups too! To alot of people living in a place like downtown, paying rent beats investing in surrey.


Lauryn, I have seen a ton of basement suites going for 400-500 around here. But they're basement suites not townhomes. The person who lives here gets access to internet, gas fireplace, Laundry, Stainless appliances, and utilities are included. Plus you don't have to worry about "the people upstairs" I own this place and frankly theres no one besides the Po nine one nine that can tell me when to shut the fack up.
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  #27 (permalink)  
Old Apr 06, 06
DESTROY EVERYTHING
 
Join Date: Jul 2003
hardstylin is just really nicehardstylin is just really nicehardstylin is just really nicehardstylin is just really nicehardstylin is just really nicehardstylin is just really nice
Quote:
Originally Posted by matéo
Dude. It would cost you like a 50 000 dollar down payment in order to pay that much a month. Most people who rent obviously can't come up with the downpayment. Renting has its ups too! To alot of people living in a place like downtown, paying rent beats investing in surrey.


Lauryn, I have seen a ton of basement suites going for 400-500 around here. But they're basement suites not townhomes. The person who lives here gets access to internet, gas fireplace, Laundry, Stainless appliances, and utilities are included. Plus you don't have to worry about "the people upstairs" I own this place and frankly theres no one besides the Po nine one nine that can tell me when to shut the fack up.
haha 50g housing must be insane down there cuase i just looked at a house 2 nights ago 117g requirs 5% down morg payments after tax come out too 819$a month.
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  #28 (permalink)  
Old Apr 06, 06
Registered User
 
Join Date: Sep 2001
matéo is a jewel in the roughmatéo is a jewel in the roughmatéo is a jewel in the roughmatéo is a jewel in the rough
yeah its a slightly different market here. 117 thousand dollars wouldnt buy you much for an investment, here at least.
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  #29 (permalink)  
Old Apr 06, 06
feelsssss love
 
Join Date: Jul 2001
Liqwid is a jewel in the roughLiqwid is a jewel in the roughLiqwid is a jewel in the rough
stay on your own

living on my own rules!!!!!!!!!

.dalyn.
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  #30 (permalink)  
Old Apr 17, 06
www.meowaid.org
 
Join Date: Apr 2002
LDUB is an unknown quantity at this point
Quote:
Originally Posted by matéo
yeah its a slightly different market here. 117 thousand dollars wouldnt buy you much for an investment, here at least.
Definitely not anymore :(

I bought my apartment for 118, 2 1/2 yrs ago... Although it's now worth well over 200 I'm screwed to find a bigger place in the same area.
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  #31 (permalink)  
Old Apr 17, 06
Registered User
 
Join Date: Sep 2001
matéo is a jewel in the roughmatéo is a jewel in the roughmatéo is a jewel in the roughmatéo is a jewel in the rough
yeah but atleast you have a lot of money to put down!!!
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  #32 (permalink)  
Old Apr 18, 06
Registered
 
Join Date: Feb 2003
*jess* is an unknown quantity at this point
Quote:
Originally Posted by matéo
BAHA

well I would love one but the only thing keeping me from getting someon i dont know to rent is the fact that strata doesn't allow me to legally rent the place out. Intl students probably need alot of information whereas I just want to let someone take the room and use the house. Thats why im opting for a friend.
Strata rules would disable you from renting the entire unit out. But as long as you are living there they can not stop you from renting part of the unit to whomever you wish.
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  #33 (permalink)  
Old Apr 18, 06
Registered User
 
Join Date: Nov 2002
mojo is just really nicemojo is just really nicemojo is just really nicemojo is just really nicemojo is just really nicemojo is just really nice
Still for rent Matt?
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  #34 (permalink)  
Old Apr 18, 06
Registered
 
Join Date: Feb 2003
*jess* is an unknown quantity at this point
Quote:
Originally Posted by matéo
yeah its a slightly different market here. 117 thousand dollars wouldnt buy you much for an investment, here at least.
Depends on how you look at it.

I have a few clients that either are buying for an investment in this price range or can only afford to buy in this price range.
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  #35 (permalink)  
Old Apr 18, 06
Registered
 
Join Date: Feb 2003
*jess* is an unknown quantity at this point
Quote:
Originally Posted by LDUB
Definitely not anymore :(

I bought my apartment for 118, 2 1/2 yrs ago... Although it's now worth well over 200 I'm screwed to find a bigger place in the same area.
You aren't screwed.

The amount you make on your property should allow you to put a larger down payment down on your next property. Therefore your payments would be relatively the same or slightly higher.

It's all about taking baby steps and moving up gradually.
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  #36 (permalink)  
Old Apr 18, 06
stimmy j
 
Join Date: May 2004
stimulant j is on a distinguished road
i`d start my own whore house

$$$ $$$ $$$ $$$ $$$

kinda like hustle & Flow -- but matt plays D-Jay
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  #37 (permalink)  
Old Apr 19, 06
Registered
 
Join Date: Jan 2003
PHUNK is an unknown quantity at this point
i rent out my basement suite. if you can get away not dealing with it, don't.

its a pain in the ass, bigtime.

theres a reason renters rent, cause they are bums. hahah.

:p
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