Home Forums Hunting & Shooting Hunter's Campfire Is your house paid for?

Same house and same spouse is what a retiree told me was the key to wealth.

Raised the rent $400 a month on my rental. Interest rates have people hesitant to buy. Last renter moved out this week,....got 4 people lined up to view it tomorrow.

A job that pays well helps some too.

You’re not wrong BUT great life choices never hurt either.

One house and especially one spouse combined with a solid retirement plan is the easy button. I’m sure that you know that.

Pay rent?

I guess I do though I haven't experienced some of it.

The fact of the matter is for the majority of people zero debt is the right answer while for others it is not. We make our choices.

A divorce from even that one spouse can sure be a torpedo hit below the waterline tho.

Paid it off almost 3 years ago. Built in 1993. According to Zillow worth almost 2 1/2 times what we bought it for.

One is and one isn’t. It is relatively rare to own your own home. With a 30 year loan, if one never moved, many more would be paid for. But with every move or refinance, the mortgage thing starts over.

Remember Dave Ramsey is the guru of Joe Sixpack. If your situation is more complicated than that, his advice is not always correct.

Me and the missus are thinkin pretty hard of downgrading the driveway from $8 to $3. Thataway we can spend a little more on new tarps for the roof. Thankfully we can still get the old tires we need to hold it down down at Chuck's Spin and Grin Tire Shop. Lookin forward to the day the T1-11 gives out an we can go straight tarpaper. Tough and looks good too.

We gotta good thing goin here.

And like Gruff said, is the rest of your chit paid off?



Boats, tats, bedroom sets, etc...

I'm in my 30s and we've owned my home for six years now. Its worth about $270,000 and I owe around $70,000 on it. I had a large portion of cash put back I paid initially. The rest, I borrowed in cash from a relative interest-free with a plan to pay it off in ten years which is doable and I've been paying it back in cash as well. Only other payment I have is my pickup truck. Wife's car has been paid for four years now. No credit cards, no boats, no crazy toys or anything other than an old project car and an old project truck that don't eat anything.

If we buckled down, we could pay the house off in a year or so.

Still owe on the boob job and azz enhancement work. The rest is clear.

Paid it off year ago.
It was hard writing a check for 185k. Everyone told me to invest in the market. Bur I suck at it. This way I knew I won’t loose any of it. Nice to be debt feee
At 40
Only problem now is I need more write offs. And no good deals on homes right now. But it’s coming

I just bought a new 6.5 Creedmoor with a Leupy 3x9.... Mastercard says if I make a $50 month payment in 12 years it will be paid off....
I think that was a smart move... a CREEDMOOR... now I can shoot to 1500yds... that's worth something..

Oh and the house.... rotated the roof tires recently, they last forever...

33K left I’ll have that paid in a year and a half( most likely less )30 year mortgage paid in full in14 years. Other than that I’m debt-free :-) I can retire now, making too much money :-) I’ll hang on for a few more years.

Good to see so many Campfire members in good financial shape. Wonder if we are an anomaly or the real norm? Or if the average age member on here has something to to with it?

We paid ours off 8 or 10 years ago when we were in our early 50's.

Unfortunately, .gov charges me $8000.00 per year to live in my own house.

boom , we are actually renting our own hard work, back from the .gov at gunpoint if we were all being honest.
They use the money for programs for people that wont work hard but vote against us at every opportunity.

whats wrong with this equation?