To rent or buy.

A.R.Treadway By A.R.Treadway, 30th Apr 2011 | Follow this author | RSS Feed | Short URL http://nut.bz/kwezeye-/
Posted in Wikinut>Guides>Property & Real Estate>General

To rent? To buy? Hmm what are the pros & cons of renting v. buying a house. I rent. I like the idea of renting a house, I take care of the property the owner pays the taxes.

I rent

For almost my entire life I have lived in what can be best described as "rental" housing. Even the base quarters for which we paid no actual rent, were still 'borrowed'. My parents finally bought a house when my dad retired, but by then I had moved out & was living my own rental property life.

For a time I considered buying but felt the pros & cons of ownership were too unbalanced.So I raised my kids in 'rental property. My daughter had been lucky enough to grow up with a yard to play in,but had never had a pool.When her little brother came along we lived in an apartment complex complete with pool & playground!
Recently my partner & I found a lovely little 3 bedroom house here in D. where we live. My son now has the chance to have a yard to play in. His friends from schooll & boy scouting live just a couple houses down.

Why continue to rent you might ask? Well as a tenant I don't have to pay the property taxes & if a major appliance goes on the blink I call the landlord. If I were the owner those would be expenses out my own pocket. I did need to buy some things that as an aprtment dweller I never owned like a mower, a hose & a sprinkler.

If you are a home owner congratulations on the biggest expense you'll ever have. If you ever are forced by circumstances to rent out your home, let me know I know a very nice clean family that will take care of it for you.

Tags

Home Ownership, Landlords, Military Housing, Rent, Rental Property, Taxes

Meet the author

author avatar A.R.Treadway
I am a stay at home mom.I am also owned by 2 cats! I enjoy writing about life as it happens as well as putting things into perspective.

Share this page

moderator Mark Gordon Brown moderated this page.
If you have any complaints about this content, please let us know

Comments

author avatar Denise O
2nd May 2011 (#)

I have done both in my life time. I find pros and cons with doing both. Nice take on it and if we ever decide to rent out our home, I will be giving you a call. Thank you for sharing.:)

Reply to this comment

Add a comment
Username
Can't login?
Password