A house is a lot of work and there are costs related to that too. Unless you are really want to live in a house, doing all the garden work and pay for the upkeep, stay in your nice apartment.
A house is a lot of work and there are costs related to that too. Unless you are really want to live in a house, doing all the garden work and pay for the upkeep, stay in your nice apartment.
Single family detached home isn't the only option. There are condos, duplexes, etc. In the southwest a lot of homes have zero scaping too, so there isn't a yard to speak of. Then in some places the houses are so crammed together, the yards are tiny.
Only if ya hit em with the PRE NUP when they come around wanting a ring on it. Women love houses and cars and winners, just be cognizant of those facts. Many have inherited a very toxic entitlement complex (they think what the man earns is theirs). Buying a house (not yours until fully paid off though) won't ruin your life (unless you don't put insurance on it) but a woman sure as hell may ruin it. Just be aware.
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When I was 30, I bought a four bedroom house on a lake in Minneapolis. I thought it would appreciate over time given the location and I tried to keep the mortgage low.
I am not domestic at all and aside from a stereo, a bed, dresser, and kitchen table and chairs, I didn't furnish it. The walls were bare and you could hear echos in the house.
The house was never an advantage to me in dating. A woman who liked me was appalled at the sparse living conditions. My expensive coffee maker did not move the needle.
My eventual wife took the attitude that she could decorate with a blank slate. She liked this notion.
I did make a good return, but I needed it as the demands of marriage and family loomed large.
A house is a lot of work and there are costs related to that too. Unless you are really want to live in a house, doing all the garden work and pay for the upkeep, stay in your nice apartment.
This. 33-year-old single male. I own a 2 bed, 2 bath condo and even that is too much. The second bedroom is empty and the closet in there is used for storage. I couldn't imagine spending all the time/money maintaining a house and a yard when I was the only one living on the property not even utilizing the space.
My parents went through a version of the other end of this when my brother and I moved out in our early 20s. They owned a lake house and a single family home on a quarter acre lot and my Dad would spend hours and hours a week maintaining both properties. They eventually downsized to a condo and kept the lake house and have been much happier, but my Dad still spends tons of time up at the lake maintaining the property.
My thoughts about using a house to attract a partner are the same as I would think of a man using his wealth to attract a partner... don't be surprised that the thing you leaned on to "attract" the woman to you is something you're relieved of upon a separation. Also, as another poster here pointed out, either they're aghast at the house being unfurnished and indicative of a bachelor living there, or they see it as a canvas... THEIR canvas.
Best move financially is to max out retirement accounts and anything left over goes in a brokerage account. Make sure to have fun with hobbies and traveling.
You would rather be given rules by a landlord? You would rather a landlord tell you occupancy limit? You would rather a landlord have the right to do health & safety checks as he or she pleases? Legally, a landlord cannot allow law enforcement to walk into your apartment but in the real world, if law enforcement want to go into an apartment, very few landlords will say no. Did you read the Eve Plum thread? Did you see what happened to Ed Snowden as a renter? He paid his rent six months in advance but due to he legal situation, Ed Snowden was evicted from his rental dwelling while overseas. The Peter Pan types on here clearly have not thought this through well.
You would rather be given rules by a landlord? You would rather a landlord tell you occupancy limit? You would rather a landlord have the right to do health & safety checks as he or she pleases? Legally, a landlord cannot allow law enforcement to walk into your apartment but in the real world, if law enforcement want to go into an apartment, very few landlords will say no. Did you read the Eve Plum thread? Did you see what happened to Ed Snowden as a renter? He paid his rent six months in advance but due to he legal situation, Ed Snowden was evicted from his rental dwelling while overseas. The Peter Pan types on here clearly have not thought this through well.
I don't have a landlord. I do have an HOA comprised of busybodies though.
It wasn't too long ago that governments around the world intervened in the lives of everyday citizens in ways previously not seen in contemporary society. Landlords not allowed to collect rent, people's businesses and jobs forcibly closed, curfews and social distancing mandates, social upheaval as relationships were fractured along the lines of risk tolerance and level of compliance.
You prepper types clearly have not thought this through well. Control is an illusion. There's always a trade off and in the case of most single men, a condo or apartment is always going to come out ahead.
Yeah, landlords don’t really care what you’re doing as long as you’re paying rent on time and not trashing the place.
When rates were under 3%, I would have said yes as I’ve made money on my 3 previous houses (at least compared to renting). At rates near 7%, if I were a single guy, I’d stick with the renting or low maintenance Condo.
Only if ya hit em with the PRE NUP when they come around wanting a ring on it. Women love houses and cars and winners, just be cognizant of those facts. Many have inherited a very toxic entitlement complex (they think what the man earns is theirs). Buying a house (not yours until fully paid off though) won't ruin your life (unless you don't put insurance on it) but a woman sure as hell may ruin it. Just be aware.
How to tell everyone you only manage to date unemployed hairdressers...
OP - toughen up and stop being so scared of living in a house alone. Its a house, not a monk's cell on an uninhabited island.
You should buy something in or as close as possible to the top/prime real estate area where you are living.
So in new york this would probably be a roof top apartment in the center, but in other places this could be a house.
If you later get married you can then rent that place out and the rent income will cover the mortage or you sell it and can finance your new bigger house in the Sub urbs.
Single or not, do you want a house? They are a lot of work, even a new construction. Assuming you buy a 30+ year old house like most people, you will probably need to do a lot of upgrades. We had to get a new roof, boiler/water heater, floors, windows, gutters, added AC. We had trees removed, the yard had to be regraded and a new lawn and sprinklers installed. Probably put 150k into improvements.
If you like living in an apartment, you can buy a condo and it'd be almost the same. Instead of paying rent, you'd pay the mortgage + interest, property tax, water bill, HOA fee and insurance.