My Fisrt House! (OT)

[David Love]

It's hard to argue against the investment of owning home.  Not only do you
get to deduct the interest payments on house, but you get the full
appreciation on the investment with only a 20% down payment, or less.

David Love


----- Original Message -----
From: "Susan Kline" <sckline@attbi.com>
To: <pianotech@ptg.org>
Sent: March 03, 2002 10:28 AM
Subject: Re: My Fisrt House! (OT)


> At 09:49 AM 3/3/2002 -0800, you wrote:
> >At our last PTG meeting, the chap. pres., Dave
> >Doremus told me about advice given to him when he
> >started out...  "Own your shop.  Own your
> >building."
>
> It probably depends on how much shop you need. I
> do pretty well in my duplex's single car garage.
> (No garage should be wasted on a car ...)
>
> I must admit that while I'm not building equity,
> the rock-bottom costs of renting and the freedom
> from responsibility for repairs have been great.
> At times I'd like to paint the walls something
> other than off-white, or add solar hot water on
> the roof, but in general renting has been a good
> choice for me.
>
> Susan Kline
>
>