Quote:
Originally Posted by GooSearch
i see owning a home as a great investment..
i bought our home for 86k in florida.
we put 15k worth the work into the house.. focusing on what would bring us the highest return , roof, kitchen, etc etc
house is worth 155k .. thats after 4 years time..i plan on selling when i can get 200k for it.. maybe another 3-4 years
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add up all your taxes, insurance, and interest and i bet you wont make much of a profit if any. and remember a house is only worth as much as people are willing to pay, not the state equalized value or what its appraised at.