Where do you work?

[Hundreth 10+ year member]

yea i dont like valet..but its an entry level job. the knives are decent...theres alot of money in it depends on the person. and how did u become a software developer? school involved? whats ur salary?

Yea I'm going to school for it currently. Got the job through a summer internship and they hired me afterwards. Right now I'm only working part time so I get paid hourly and its not much. But I'm sticking around for the experience and I know when I graduate my pay will go up substantially.

 

[brynm 10+ year member]

yeah but i own a place worth a 1/2 a mill and about to close on a 200k rental property so my property value although not doing great right now but we know sunny ca will make it up will easily eclipse your 10k extra a year,being a letter carrier in daygo is great ,think about it i carry paper for 60k a year which is not bad i.m.o,oh and talking 5-6 years from now i'm sure i will be at 70k but my property(both places may be worth over 1 mill.

I don't see how you could afford 700,000 worth of real estate on 60k a year. according to this calc http://realestate.yahoo.com/calculators/payment.html?_submit=yes&id=det03&loanAmount=700000&interestRate=5&termMonths=360&amortization=2&submit=Submit

you would be paying almost 3800/month or 45,000 a year just for mortgages.

Me, I'm happy with the way I've got it set up. Right now I'm at right around 100k (this doesn't include my wife who when she goes back to work makes over 50k) and we are just moving into a place worth 200,000. It's a nice house and I can afford to take my family on vacation whenever we want.

 

[CrazedCat 10+ year member]

Right now I'm at right around 100k (this doesn't include my wife who when she goes back to work makes over 50k) and we are just moving into a place worth 200,000. It's a nice house and I can afford to take my family on vacation whenever we want.

A $200k house around here is a f*cking SHACK. Literally.

 

[Macklessdaddy 10+ year member]

I don't see how you could afford 700,000 worth of real estate on 60k a year. according to this calc http://realestate.yahoo.com/calculators/payment.html?_submit=yes&id=det03&loanAmount=700000&interestRate=5&termMonths=360&amortization=2&submit=Submit you would be paying almost 3800/month or 45,000 a year just for mortgages.

Me, I'm happy with the way I've got it set up. Right now I'm at right around 100k (this doesn't include my wife who when she goes back to work makes over 50k) and we are just moving into a place worth 200,000. It's a nice house and I can afford to take my family on vacation whenever we want.

my woman makes 65k a year and we pay 3200 a month on our place and when we close on the other we are gonna rent it to her brother who will be paying the mortgage with his rent plus we will prolly have to kick in 2 or 300 a month that's how. you and your wife making that kind of money and paying mortgage on a 200k house you guys should live like focking rock stars but anyway we are prolly about to be evacuated so hopefully this mf wont be ashes in a couple of days.//content.invisioncic.com/y282845/emoticons/verymad.gif.3f39c5c2fd57527b671fad3efdfac756.gif

 

[caraudioinstall 10+ year member]

installer

 

[outspoken 10+ year member]

painting foreman... loafer

 

[brynm 10+ year member]

A $200k house around here is a f*cking SHACK. Literally.

Yeah we bought at a good time, housing here has gone through the roof. The house we just sold we had bought for 102 three years ago and we just sold it in three days for 177.

As a comparison we looked at a place very similar to this one http://www.saskhouses.com/listing/detail/?listing_id=11092 about a year and a half ago for 250 now they want 410.

my woman makes 65k a year and we pay 3200 a month on our place and when we close on the other we are gonna rent it to her brother who will be paying the mortgage with his rent plus we will prolly have to kick in 2 or 300 a month that's how. you and your wife making that kind of money and paying mortgage on a 200k house you guys should live like focking rock stars but anyway we are prolly about to be evacuated so hopefully this mf wont be ashes in a couple of days.//content.invisioncic.com/y282845/emoticons/verymad.gif.3f39c5c2fd57527b671fad3efdfac756.gif

We had done the big mortgage (big for hear anyway at 150) thing when we were making a combined 70k and just never seemed to have the money to do whatever we wanted, so we went into a smaller house. We got a great deal on the new house. I'm sorry if my last post offended, I hope everything turns out ok at your place.

On a side note, I've heard down there you can amortize over 30 years (25 years here), and you can write off most of your mortgage payments for income tax purposes. Is this true?

 

[Macklessdaddy 10+ year member]

Yeah we bought at a good time, housing here has gone through the roof. The house we just sold we had bought for 102 three years ago and we just sold it in three days for 177.
As a comparison we looked at a place very similar to this one http://www.saskhouses.com/listing/detail/?listing_id=11092 about a year and a half ago for 250 now they want 410.

We had done the big mortgage (big for hear anyway at 150) thing when we were making a combined 70k and just never seemed to have the money to do whatever we wanted, so we went into a smaller house. We got a great deal on the new house. I'm sorry if my last post offended, I hope everything turns out ok at your place.

On a side note, I've heard down there you can amortize over 30 years (25 years here), and you can write off most of your mortgage payments for income tax purposes. Is this true?

it's cool cause i shouldnt have been talking sh it(i'm old enough to know better)and i'm not sure about the amortization but i know i kill on the taxes though.