If you've bought a home in the past 30 years, what did you pay for it? | |
here&back
User ID: 38487486 United States 05/17/2022 04:38 PM Report Abusive Post Report Copyright Violation | 95’ paid 45k for a 900 sf home OKC. Quoting: Anonymous Coward 83184321 99’ sold for 54k. ( worth 145k now ) 99’ paid 174k for a 2700 sf home Okc. 03’ sold for 194k. ( worth 315k now ) 03’ paid 427k for a 2700 sf home Seattle. 11’ sold for 600k. ( worth 2.5 million now ) 11’ paid 725k for a 5700 sf Dallas. 22’ sold 1.3 million. All I did was learn everything about home inspections and mortgages. The rest took care of itself. Never used any of my own money just in case I needed to walk away. Yes. There’s ways of using 100% someone else’s money. And you should. Use yours as investment vehicle. Because of the equity and I’m completely cashed out, I walked away with over 800k of someone else’s money. Spent it all to build my dream property. Should’ve kept t Seattle home. This guy is exactly right - you don't have to use your own money if you follow the plan. Your returns should pay off your debt in the amount of time you can turn the profit - ideally within 5 years. Mortgage paid off and profit only. |
Anonymous Coward User ID: 83286784 United States 05/17/2022 04:48 PM Report Abusive Post Report Copyright Violation | Ocean front home 37 years ago in Southern California for 79k now worth over 6mil prop taxes about what they were when we bought it due to prop 13. Love the ocean view. We bought our Palm Springs view home in 1980 for 56k now worth 3.2mil. Sold the huge bay area family home last year for 12mil. Parents paid 35k for it in the 40s. Life is a mint julep. |
El Rastreador
User ID: 1712471 United States 05/17/2022 04:49 PM Report Abusive Post Report Copyright Violation | I sold my house in Hollywood CA, which I purchased for $182k back in 1986, it was a 1918 Dutch Colonial(that I and my cousin fully restored). Did a 1031 exchange and bought a small 2bdrm house on a quarter acre in a SoCal canyon, and bought a second larger house with 20 acres on a hilltop overlooking the western Mojave Desert. The first was $250k and the second $125k. I could probably get over a million combined if I sold them both right now. And neither one is anywhere near at beautiful as the Hollywood house is. |
Anonymous Coward User ID: 80444227 United States 05/17/2022 04:52 PM Report Abusive Post Report Copyright Violation | 84 paid $67k for 1800 sq. feet, 2 acres 92 sold for $312k - did several improvements $100k'ish 92 paid $515k 4200 sq. feet, 5 acres 00 sold for $1.2M - again about $100k spent on improvements 00 paid $900k for 4500 sq feet, 15 acres 11 sold for $2.2M - spent about $400k on improvements 11 paid 1.45M 11000 sq feet, 15 acres, new house I'm about to sell, just got an appraisal 2 months ago for $4.5M, but in all honesty this property should be worth less than a million but due to being in a seller's market things are nuts.. |
Yo Adrian
User ID: 81142743 United States 05/17/2022 04:59 PM Report Abusive Post Report Copyright Violation | |
Marvelous Man
User ID: 58686169 United States 05/17/2022 05:00 PM Report Abusive Post Report Copyright Violation | My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major. Quoting: BFD That house is now worth 300k and the neighborhood has gone to shit. Wages have barely risen. Sure, it's still the suburbs but now they have to lock their doors... for reasons. Anyways, no wonder 30-40 somethings don't own homes. 1994 I paid $53,000 Now it's worth $422,000 Austin Texas In 2012, bought the house for 267K in Spicewood. Now it's worth 715K. There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true. |
Anonymous Coward User ID: 80917810 05/17/2022 05:01 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 83287048 05/17/2022 05:19 PM Report Abusive Post Report Copyright Violation | My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major. Quoting: BFD That house is now worth 300k and the neighborhood has gone to shit. Wages have barely risen. Sure, it's still the suburbs but now they have to lock their doors... for reasons. Anyways, no wonder 30-40 somethings don't own homes. You’re one of my favorite posters here, hands down. Regardless of what your circumstances are, you always tell it like it is. Way more expensive with a worse quality of life is exactly how I would put it where I am too. I guess the Brazilian lifestyle is next. |
Anonymous Coward User ID: 82718493 United Kingdom 05/17/2022 05:22 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74176937 United States 05/17/2022 05:24 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80946498 United States 05/17/2022 05:28 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 83229158 United States 05/17/2022 05:37 PM Report Abusive Post Report Copyright Violation | 53k - 2001 200k - 2013 100k - 2015 13k - 2020 73k - 2022 I still own three of them. The one for 100k is in Illinois and the crime spun out of control. I tried to sell for 40k at a loss and didn't sell. I'm actually afraid to even go back there. |
javierruizleon
User ID: 80231305 United States 05/17/2022 05:37 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 83037883 United States 05/17/2022 05:39 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78071598 United States 05/17/2022 05:42 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80850486 United States 05/17/2022 05:52 PM Report Abusive Post Report Copyright Violation | |
Aborted Soul
User ID: 9434865 United States 05/17/2022 05:55 PM Report Abusive Post Report Copyright Violation | |
Butch DeFeo
User ID: 83141632 United States 05/17/2022 05:59 PM Report Abusive Post Report Copyright Violation | About 20 days ago I bought a house in South Dakota for $125K, cash. :AAAWINNINGDONJR2: :DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS: Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN. |
Nucks
User ID: 82771995 Canada 05/17/2022 06:00 PM Report Abusive Post Report Copyright Violation | 2012 paid $167,000 2018 (worth $310,000- invested $200,000 in major reno (added a second story and gutted everything else-all new) 2022 Now worth approximately $800,000 (as per the stupid market) Sad part is I can't even take advantage because I would be buying in the same stupid market. I f I moved elsewhere maybe but everything is here family ,work, kids etc...booooo, lol Religion has no place in golf... |
Anonymous Coward User ID: 81062799 United States 05/17/2022 06:00 PM Report Abusive Post Report Copyright Violation | 35 years old Bought first house when I was 24 in 2012 for $222,000 was a raised ranch on a pond, thought it was going to be my forever house put a lot of work into it. Ended up selling after a long term relationship ended Bought second house in in a beach neighborhood about a mile from the ocean $400,000 a nice colonial all updated bike riding distance to the beaches. Ended up selling when we had our first kid and because I really wanted more land/privacy Bought third house 11 acres along the salt ponds/ocean for $980,000 and have spent countless hours working on the land and home building a farm. Don’t think I’ll ever move from here but I’ve said that before |
Aborted Soul
User ID: 9434865 United States 05/17/2022 06:03 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80746533 Austria 05/17/2022 06:07 PM Report Abusive Post Report Copyright Violation | |
Icguy42
User ID: 76412952 United States 05/17/2022 06:09 PM Report Abusive Post Report Copyright Violation | My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major. Quoting: BFD That house is now worth 300k and the neighborhood has gone to shit. Wages have barely risen. Sure, it's still the suburbs but now they have to lock their doors... for reasons. Anyways, no wonder 30-40 somethings don't own homes. Cash actually lol |
Marvelous Man
User ID: 58686169 United States 05/17/2022 06:11 PM Report Abusive Post Report Copyright Violation | where the hell are you people buying these bargain homes?? my pond cost $40k....I couldn't get bathroom plumbing for that much... you have to live in the ass crack of southeast texas... aint pretty but its the sportsmans paradise of the world...s Orange? There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true. |
Anonymous Coward User ID: 80817131 United States 05/17/2022 06:29 PM Report Abusive Post Report Copyright Violation | My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major. Quoting: BFD That house is now worth 300k and the neighborhood has gone to shit. Wages have barely risen. Sure, it's still the suburbs but now they have to lock their doors... for reasons. Anyways, no wonder 30-40 somethings don't own homes. $25k CASH / Rural Flyover Country / 2016 before the election. Zillow value now $218k |
Idaho Potato
User ID: 83154558 United States 05/17/2022 06:29 PM Report Abusive Post Report Copyright Violation | |
Butch DeFeo
User ID: 83141632 United States 05/17/2022 06:30 PM Report Abusive Post Report Copyright Violation | About 20 days ago I bought a house in South Dakota for $125K, cash. Quoting: Butch DeFeo :AAAWINNINGDONJR2: I dig your governor Noam....she's hot. Yeah she is! And does not force the citizens of her state to wear masks or take deadly covid shots. :DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS: Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN. |
Anonymous Coward User ID: 83197112 United States 05/17/2022 06:33 PM Report Abusive Post Report Copyright Violation | |
RMD
User ID: 78757777 United States 05/17/2022 06:33 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 81044843 United States 05/17/2022 06:35 PM Report Abusive Post Report Copyright Violation | |