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Joined: Oct 2011
Posts: 59,133 Likes: 23
Campfire Kahuna
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Campfire Kahuna
Joined: Oct 2011
Posts: 59,133 Likes: 23 |
Paul
"I'd rather see a sermon than hear a sermon".... D.A.D.
Trump Won!, Sandmann Won!, Rittenhouse Won!, Suck it Liberal Fuuktards.
molɔ̀ːn labé skýla
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Joined: Mar 2007
Posts: 4,319
Campfire Tracker
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Campfire Tracker
Joined: Mar 2007
Posts: 4,319 |
No, but should be by the time I am 55 in 3 years. I should note that I am easily in the black with the number of primers I have in my house.
NRA Life Member
~Molɔ̀ːn Labé Skýla~
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Joined: Dec 2009
Posts: 282
Campfire Member
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Campfire Member
Joined: Dec 2009
Posts: 282 |
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Joined: Jul 2013
Posts: 9,189
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2013
Posts: 9,189 |
No, but my ex-wife's house is.
I belong on eroding granite, among the pines.
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Joined: Apr 2011
Posts: 151,726 Likes: 14
Campfire Savant
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Campfire Savant
Joined: Apr 2011
Posts: 151,726 Likes: 14 |
I have a friend, ( AC man), sold his for 750,000, found another place for 400,000. He enjoyed writing that check.
I would have been an AC guy if I had to choose a profession again, not no damn plumber.
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Joined: Jan 2012
Posts: 67,149 Likes: 35
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 67,149 Likes: 35 |
I am an independently wealthy adventurer.
In order to blend in with the masses...I maintain a high level of debt.
I feel it makes for an easier connection with the peasants. Conrad-Branson International
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Joined: Aug 2003
Posts: 2,086
Campfire Regular
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Campfire Regular
Joined: Aug 2003
Posts: 2,086 |
Yep.had a 30 mortgage paid it off in 14 years at age 47.Debt free is a great feeling..
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Joined: Jan 2004
Posts: 4,580
Campfire Tracker
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Campfire Tracker
Joined: Jan 2004
Posts: 4,580 |
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Joined: Jul 2009
Posts: 4,481
Campfire Tracker
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Campfire Tracker
Joined: Jul 2009
Posts: 4,481 |
Hell no. It’s almost like free money. In certain cases and for some people some debt is prudent
I could pay it off any time I want to, but when I’m paying like 1.5% after tax the only reason I’d do that was if writing the check every month somehow became a hassle. If mortgage interest suddenly wasnt tax deductible I MIGHT pay it off. But 30 year money at roughly 3% pre tax is stupid to pass up if you’re fiscally responsible
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Joined: Feb 2021
Posts: 16
New Member
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New Member
Joined: Feb 2021
Posts: 16 |
I'm 40 now, and have 3 years left on the mortgage as is.
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Joined: Nov 2016
Posts: 679
Campfire Regular
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Campfire Regular
Joined: Nov 2016
Posts: 679 |
Bought at 23 paid off at 43 ..
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Joined: Aug 2017
Posts: 9,070
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2017
Posts: 9,070 |
By age 48 the residence won't be debt anymore.
A few rental props are still owned by the bank, but that's the way I designed that income.
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Joined: Feb 2013
Posts: 21,797 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,797 Likes: 8 |
Most of mine are paid off, but still carry paper on two.
Interest deductions can be helpful sometimes.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Jan 2009
Posts: 2,733
Campfire Regular
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Campfire Regular
Joined: Jan 2009
Posts: 2,733 |
Patron member, NRA, Life Member SCI,
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Joined: Feb 2007
Posts: 11,777
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2007
Posts: 11,777 |
Been debt free at least 20 years.
NRA Patron
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Joined: Dec 2002
Posts: 14,234 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2002
Posts: 14,234 Likes: 1 |
Paid off, due to 2 years of sweat equity. I built it myself.
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Joined: Dec 2002
Posts: 14,234 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2002
Posts: 14,234 Likes: 1 |
I have a friend, ( AC man), sold his for 750,000, found another place for 400,000. He enjoyed writing that check.
I would have been an AC guy if I had to choose a profession again, not no damn plumber. No kidding. And for me, forget being a Paramedic or an over the road truck driver, my two careers. Take the other course at the VoTech school, heat and A/C tech.
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Joined: Feb 2011
Posts: 5,856
Campfire Tracker
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Campfire Tracker
Joined: Feb 2011
Posts: 5,856 |
Sold our old house and paid cash for the new one. I hate owing people money.
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Joined: Nov 2004
Posts: 10,697
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2004
Posts: 10,697 |
No mortgage payments since age 36.
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Joined: Jun 2020
Posts: 10,840
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2020
Posts: 10,840 |
I don't have a house note and am building a house now with cash.
FUGK CCP
It’s time to WAKE UP GOD BLESS THE USA WWG1WGA THERE ARE NO COINCIDENCES
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