<div class='quotetop'>QUOTE (BrewCityBuck @ Jun 25 2007, 03:49 PM) <{POST_SNAPBACK}></div><div class='quotemain'>I just think it's funny how so many kids these days think they will be making big money, 6-figures...</div>I agree hahaha Seriously I am gonna be happy if I get a job right out of college. 6 figures hell don't wake me up!
Yeah, it's so hilarious that some people want to do something good with their lives. I didn't say right out of college either. I said within 10 years. That's my goal...you have to set it fairly high or else you won't get anywhere.
Not to sure. All I know is I want atleast one nice car(think along the lines of a 7 seris) and a nice condo or town house.
well I have been working hard for a few years, but only in the last 18 months have I started to work in the feild I want. In that time my salary has gone from 31k ---> 44k---> 50k and it looks like my role will be expanding so I will be making more up to 58k. Not bad progression for 18months. What I want to do is invest in realestate- the hard part is getting that first house! Once I have that the Idea is to pay it off as fast as possible (paying an extra $50 a week can make a massive difference on the life of a loan ((like 15 years)) Then once I have some equity in the first house loan against that one to buy a second- and rent it out to hlpe pay for it and so on. I am very cconfident that in the next 5 years I will be making 6 figures. (or 90k+ U.S$) At that stage my children will be starting school and my wife can go back to work where she will make approx 50k (to start). I have planned the next 5 years and the next 10 years worth of goals. Thats the importnat thing setting goals and attacking them!
Eh, going to school for my business degree right now, should get a nice job out of college if I decide to get a job in business after I graduate. Right now I'm working and taking classes to get my real estate license.Right now I have about $2,000 in one of my bank accounts, and about $44,000 in my other (split between checking and savings). Been working since I was about 14 or 15 doing different things... so that's why I got so much sh*t saved up. I'm not paying for college, so that's why I still have most of it. Thank God for grants and scholarships! Too bad I'm losing about $30,000 of that though because I'm putting part of it as down payment on a new car for my mom (birthday present) and whatever I don't put down of that $30K will go as down payment or closing costs for her new house.
I'm up to 36K saved. Want to have double that by December somehow.I want to buy a house within the next year at around 70K in one of the soso neighborhoods. When I say BUY a house I mean BUY a house..as in here's 70K the house is paid off...I'm not payin rent every month. Really don't care about the neighborhood as long as I have space from dumb neighbors and room in the house to make it pretty cool. Lookin at Redford and Westland for people in the area. I'm a build a big fence in the back yard. Get a big hot tub and gazebo..and then I'll be comin to BBW from there instead of.
<div class='quotetop'>QUOTE (Combs @ Jun 25 2007, 10:33 PM) <{POST_SNAPBACK}></div><div class='quotemain'>I'm up to 36K saved. Want to have double that by December somehow.I want to buy a house within the next year at around 70K in one of the soso neighborhoods. When I say BUY a house I mean BUY a house..as in here's 70K the house is paid off...I'm not payin rent every month. Really don't care about the neighborhood as long as I have space from dumb neighbors and room in the house to make it pretty cool. Lookin at Redford and Westland for people in the area. I'm a build a big fence in the back yard. Get a big hot tub and gazebo..and then I'll be comin to BBW from there instead of.</div>You can buy a nice house in a so so neighborhood for 70k over in Michigan? Man...try moving out here to Los Angeles or to New York. You will be lucky to find any decent house to pay for under 500K at least. I'm talking a one story house in an ok neighborhood.
<div class='quotetop'>QUOTE (LakersFan247 @ Jun 26 2007, 01:56 AM) <{POST_SNAPBACK}></div><div class='quotemain'>You can buy a nice house in a so so neighborhood for 70k over in Michigan? Man...try moving out here to Los Angeles or to New York. You will be lucky to find any decent house to pay for under 500K at least. I'm talking a one story house in an ok neighborhood.</div> That's why you don't live there! Come to Houston... buy a house from me... nice two story house with a lot of sh*t. Costs anywhere between $150,000 to $500,000 depending on what you want in it.EDIT: And whoever posted that ING Direct link (forget who it was), I was looking at that but it says you need an Australian address to apply for that... what's with that?
I knowI watch real estate shows..and am amazed at the difference in cost a 175K house here win a good neighborhood, upstairs..couple bedrooms would room ya a million out there...it's crazy...
<div class='quotetop'>QUOTE (Combs @ Jun 26 2007, 01:01 AM) <{POST_SNAPBACK}></div><div class='quotemain'>I knowI watch real estate shows..and am amazed at the difference in cost a 175K house here win a good neighborhood, upstairs..couple bedrooms would room ya a million out there...it's crazy...</div>Honestly, a 2 bedroom, 1 bathroom house in California is like 750k. It's all about location.
<div class='quotetop'>QUOTE (BigMo763 @ Jun 26 2007, 12:01 AM) <{POST_SNAPBACK}></div><div class='quotemain'>EDIT: And whoever posted that ING Direct link (forget who it was), I was looking at that but it says you need an Australian address to apply for that... what's with that?</div>And that would be me.. Maybe you are on their Austalian version of the site... I live in the US and have an account so I don't know what the problem is.And yeah, housing expenses are crazy over here. It's incredible. So many people get evicted over here for not paying and sh*t. It's horrible. People get flashed on by all these mortgage and loan companies, and don't know what they are doing.
<div class='quotetop'>QUOTE (LakersFan247 @ Jun 26 2007, 02:11 AM) <{POST_SNAPBACK}></div><div class='quotemain'>And that would be me.. Maybe you are on their Austalian version of the site... I live in the US and have an account so I don't know what the problem is.And yeah, housing expenses are crazy over here. It's incredible. So many people get evicted over here for not paying and sh*t. It's horrible. People get flashed on by all these mortgage and loan companies, and don't know what they are doing.</div> I don't know... I just followed the link you gave me, and it said you needed an Australian address to apply. I'm looking at INGDirect.com right now, and all I see are savings accounts with 5.25% 5.30% APY. Doesn't do much good for me because I already have a 5.64% APY account with Capital One...Maybe the one you have was a special deal or something?
<div class='quotetop'>QUOTE (BigMo763 @ Jun 26 2007, 12:29 AM) <{POST_SNAPBACK}></div><div class='quotemain'>I don't know... I just followed the link you gave me, and it said you needed an Australian address to apply. I'm looking at INGDirect.com right now, and all I see are savings accounts with 5.25% 5.30% APY. Doesn't do much good for me because I already have a 5.64% APY account with Capital One...Maybe the one you have was a special deal or something?</div>BigMo, go here for the American version of the site:http://home.ingdirect.com/EDIT: And I guess I have a special deal because the interest for me is like 5.70% or something like that.
Is it the "Electric Orange" account? And did you sign up in person at one of their branches, or online?
<div class='quotetop'>QUOTE (BigMo763 @ Jun 26 2007, 12:33 AM) <{POST_SNAPBACK}></div><div class='quotemain'>Is it the "Electric Orange" account? And did you sign up in person at one of their branches, or online?</div>My brother actually got me signed up. They don't have any branches that I know of, but I also have a Wamu account. I was signed up online, but you can call them for help. They have pretty good support.
<div class='quotetop'>QUOTE (LakersFan247 @ Jun 25 2007, 11:56 PM) <{POST_SNAPBACK}></div><div class='quotemain'>You can buy a nice house in a so so neighborhood for 70k over in Michigan? Man...try moving out here to Los Angeles or to New York. You will be lucky to find any decent house to pay for under 500K at least. I'm talking a one story house in an ok neighborhood.</div>Even over here it's way more than that. 70k would be a run-down house in the ghetto.
<div class='quotetop'>QUOTE (Pronk48 @ Jun 26 2007, 11:41 AM) <{POST_SNAPBACK}></div><div class='quotemain'>thats why the left coast is retarded, go middle coast</div>Well the reason they are expensive is because the land is in high demand, because it's better here.
In Detroit you can easily get an old 4-5 bedroom for 40k on the east side but it would be old the house im living in is a 32k 4 bedroom on the west side that was built in 1927.The neighborhood affects the price alot here a 2 bedroom in a nice neighborhood could run for 65k.But as you go out towards the suburbs of michigan you can find nicer homes for lower prices.
<div class='quotetop'>QUOTE (ASUFan22 @ Jun 26 2007, 03:56 PM) <{POST_SNAPBACK}></div><div class='quotemain'>Well the reason they are expensive is because the land is in high demand, because it's better here. </div>not worth it
