Hey guys,
I took advantage of the whole overpriced market. When I was married, we bought a large 2080 sq.ft. house out in lovely Silver Springs. We picked it up 1.5 years ago for $139k. We just sold it at the end of February for $200k. Not bad. For my taxes last year, I wrote off $7,958 in interest for the mortgage payments.
Moral of the story, buy a house if you can afford it. Don't buy a mobil home, they depreciate just like a car. Don't buy out in the middle of no-where. Its not worth it, I put 112 miles a day on my Nissan Maxima. Thats about 30k miles in one year, so I put about 45k miles on the car in 1.5 years. When you look at it that way, it wasn't worth it.
My two cents.
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