Hi guys. I wanted to make a fun little list to look at. Do you have a list? - ATP
Mortgage Payments vs. Rent Money
Pro’s
Mortgage Payments – Living in a nice neighborhood
Con’s
Mortgage Payments – You pay double in interest
Mortgage Payments – Roofing, plumbing, electric, pavement, kitchen can go bad
Mortgage Payments – Stuck with bad neighbors
Mortgage Payments – Must cut lawn/shovel snow
Pro’s
Rent Money – Maintenance fixes everything
Rent Money – Do not have to cut lawn or shovel a lot of snow
Con’s
Rent Money – Rent also goes up the longer you live there
Rent Money – Living in a bad neighborhood
Rent Money - Stuck with bad neighbors
Mortgage Payments vs. Rent Money
Pro’s
Mortgage Payments – Living in a nice neighborhood
Con’s
Mortgage Payments – You pay double in interest
Mortgage Payments – Roofing, plumbing, electric, pavement, kitchen can go bad
Mortgage Payments – Stuck with bad neighbors
Mortgage Payments – Must cut lawn/shovel snow
Pro’s
Rent Money – Maintenance fixes everything
Rent Money – Do not have to cut lawn or shovel a lot of snow
Con’s
Rent Money – Rent also goes up the longer you live there
Rent Money – Living in a bad neighborhood
Rent Money - Stuck with bad neighbors