What Apartments do you guys live in?

[ksniperfox]

Apartments = ****.

Seriously. It makes no sense to rent something you'll never own or even have help your credit for the same price as owning a house.

it does make sense. i never do any yardwork, do any maintanence whatsoever, pay for anything that breaks or leaks, or pay for anything anybody else vandalizes. i get a nice gated community, 1 heated pool, 1 mineral water pool, a ****ING nice gym with trainers. i dont pay property taxes, nor do i worry about having to sell my house if i want to move(potentially losing money).
it helps my credit tremendously.

and as far as the same price as owning a house, there are lots of apartments cheaper than houses. and they give you the option for roommates, which significantly reduces your monthly payment. you could always let your buddy stay at your house and try to charge him rent. but at the end of the month when he says he doesnt want to pay, whose name is on the deed?



OT, i stay at colonial grand. a pretty nice place in a pretty good part of town, but i pay a pretty penny. they probably have some in your area. check it out.

[Turbo04]

it does make sense. i never do any yardwork, do any maintanence whatsoever, pay for anything that breaks or leaks, or pay for anything anybody else vandalizes. i get a nice gated community, 1 heated pool, 1 mineral water pool, a ****ING nice gym with trainers. i dont pay property taxes, nor do i worry about having to sell my house if i want to move(potentially losing money).
it helps my credit tremendously.

and as far as the same price as owning a house, there are lots of apartments cheaper than houses. and they give you the option for roommates, which significantly reduces your monthly payment. you could always let your buddy stay at your house and try to charge him rent. but at the end of the month when he says he doesnt want to pay, whose name is on the deed?



OT, i stay at colonial grand. a pretty nice place in a pretty good part of town, but i pay a pretty penny. they probably have some in your area. check it out.

It does NOTHING to help your credit. The apt's don't report to the companies when you make payments on time...but they certainly report if you don't make them. And if your living with room mates in a apt and one doesn't pay who do you think is responsible for making up the difference? Yep same as your theory about owning a house, you get screwed just the same.
And your right about not having to pay for anything directly out of pocket to be fixed, nor taxes and such, but you do pay for it within rent. And yeah no worrying about selling when you want to move. But 10 years, hell 5 years from now when you do move you have NOTHING to show for all the moola you sunk into rent. Apt's make sense if you cannot get a loan/ or have the money to outright purchase a house. But if you can buy and choose not to, then your just pissing money away that you'll have nothing to show for it in the long run.
And yes I've lived in a apartments and it was ****, not that I had a bad run in with anyone while I lived there and actually I had many a laughs at my neighbors expense, but now I have nothing to show for all that money I spent on rent.

[ksniperfox]

It does NOTHING to help your credit. The apt's don't report to the companies when you make payments on time...but they certainly report if you don't make them. And if your living with room mates in a apt and one doesn't pay who do you think is responsible for making up the difference? Yep same as your theory about owning a house, you get screwed just the same.
And your right about not having to pay for anything directly out of pocket to be fixed, nor taxes and such, but you do pay for it within rent. And yeah no worrying about selling when you want to move. But 10 years, hell 5 years from now when you do move you have NOTHING to show for all the moola you sunk into rent. Apt's make sense if you cannot get a loan/ or have the money to outright purchase a house. But if you can buy and choose not to, then your just pissing money away that you'll have nothing to show for it in the long run.
And yes I've lived in a apartments and it was ****, not that I had a bad run in with anyone while I lived there and actually I had many a laughs at my neighbors expense, but now I have nothing to show for all that money I spent on rent.

my apartment allows its units to have more than 1 person renting, effectively splitting the rent, legally. maybe not everywhere, i guess. this is my first apartment. if i were interested in living in an apartment more than 1-2 years then yes, i would have looked into buying a house. but im not.
not that i do not want a house, but i want more to spend less $. hence when my lease is up, i will be moving in with a room mate. and my share will only be a few hundred dollars a month. after 50 years, the $ i had paid monthly will only equal about 180k. that would barely afford a nice house. and then, i would be 71. id rather save now and advance my career, then look into the long term nice housing when i can afford it. the only thing i have to show after spending $ on rent is the $ i have saved. i spend it on things i like. i put some in the bank for later. credit or not, im not worried. my credit is good. if your credit is bad, some people should look into more stable ways to increase credit scores(a cheap vehicle, paying the bills you already have, etc) than going straight to a house first. having good credit will save you a **** ton of money on your mortgage.

i know its not like that for everyone, just my gameplan. each choice has advatages over the other. just depends which situation each person is that determines which is best at the time.

[Turbo04]

my apartment allows its units to have more than 1 person renting, effectively splitting the rent, legally. maybe not everywhere, i guess. this is my first apartment. if i were interested in living in an apartment more than 1-2 years then yes, i would have looked into buying a house. but im not.
not that i do not want a house, but i want more to spend less $. hence when my lease is up, i will be moving in with a room mate. and my share will only be a few hundred dollars a month. after 50 years, the $ i had paid monthly will only equal about 180k. that would barely afford a nice house. and then, i would be 71. id rather save now and advance my career, then look into the long term nice housing when i can afford it. the only thing i have to show after spending $ on rent is the $ i have saved. i spend it on things i like. i put some in the bank for later. credit or not, im not worried. my credit is good. if your credit is bad, some people should look into more stable ways to increase credit scores(a cheap vehicle, paying the bills you already have, etc) than going straight to a house first. having good credit will save you a **** ton of money on your mortgage.

i know its not like that for everyone, just my gameplan. each choice has advatages over the other. just depends which situation each person is that determines which is best at the time.

Many apt's let you have more then one person on the lease. Thats all nice and good but if one doesn't pony up his share then the others have to either make up the difference or take the hit like they did not pay. The same thing you said about having a roommate in a house. When I say buying a house makes more sense I don't mean buying some super expensive house you can barely afford. If you pay 700 a month for a nice apt, but can get a decent house for the same price why piss away the moola for the apt when you can have a house for the same price? I pay 865 a month for my house which is 30 bucks more then what the rent would've cost me to stay in my apt without a roommate. For that 30 bucks more I got 3/4 acre of land, 2 car garage and the freedom of not having anyone tell me what I can or can't do.
Right now if you can get a loan it's a buyers market. Even a rent to own makes more sense. But to each their own.

[chrisdavis]

Many apt's let you have more then one person on the lease. Thats all nice and good but if one doesn't pony up his share then the others have to either make up the difference or take the hit like they did not pay. The same thing you said about having a roommate in a house. When I say buying a house makes more sense I don't mean buying some super expensive house you can barely afford. If you pay 700 a month for a nice apt, but can get a decent house for the same price why piss away the moola for the apt when you can have a house for the same price? I pay 865 a month for my house which is 30 bucks more then what the rent would've cost me to stay in my apt without a roommate. For that 30 bucks more I got 3/4 acre of land, 2 car garage and the freedom of not having anyone tell me what I can or can't do.
Right now if you can get a loan it's a buyers market. Even a rent to own makes more sense. But to each their own.

I can only partially agree with this. Does your $865 include property taxes and insurance or is it just the mortgage itself? Without knowing his long term plans, or his financial situation. Buying may not be in his best interest. Yes the difference between renting and buying can be marginal, but if someone cannot afford to pay the property taxes, insurance, and repairs to the house, or if they only going to be in a location briefly, then buying would be counterproductive.

[TicketRedBB6]

apartmentratings.com has ratings of apartments within whatever area you choose. They also have user reviews, pics, and specs of the apartments. I've been using it a lot to look for apartments around the southside. Hope this helps.

[koukis14]

apartmentratings.com has ratings of apartments within whatever area you choose. They also have user reviews, pics, and specs of the apartments. I've been using it a lot to look for apartments around the southside. Hope this helps.

I have beed using it too. That is where I got the scorpion thread I started from. The only problem is if it is not a super expensive place everyone who has had a problem says the place is awfull.everyone says it is ****.

[Turbo04]

I can only partially agree with this. Does your $865 include property taxes and insurance or is it just the mortgage itself? Without knowing his long term plans, or his financial situation. Buying may not be in his best interest. Yes the difference between renting and buying can be marginal, but if someone cannot afford to pay the property taxes, insurance, and repairs to the house, or if they only going to be in a location briefly, then buying would be counterproductive.

865 includes taxes/insurance also whatever that thing is you have to pay if you less then 20% equity in the house. (can't remember the name of it). I've never said you should not do anything but buy a house, but if your in a position that financially you can afford a house, even if your staying for a year. You'll end up with something you can either a: sell , b: rent out and in each case you have something to show for the money spent. If you live in an apartment you end up with nothing but money wasted with nothing to show for it. Not to mention the tax breaks for owning said house.