Need Some Advice
#11
Originally Posted by banzaitoyota' date='Aug 27 2003, 09:32 AM
[quote name='Baldy' date='Aug 27 2003, 08:23 AM'] house appreciates (trailer=not house)
car depreciates (in most cases)
car depreciates (in most cases)
My Moduliar home has most certainly appreciated in Value! [/quote]
nah, I don't like when people use "trailer trash," I know lots of people in trailers. I was just under the impression that modular homes depreciated. (at least that's what I was told in personal finance class )
#12
This is where you have to use your intellagence to seperate the truth from the crap they throw at you in school.
Joe-BOB and Betty-Lou buy a 26K Single wide and park it in the trailerpark = BIG TIME depreciation
Johnney and Suzey shell out 80K for a modular and set it up with a permanent foundation on land = REAL ESTATE
Joe-BOB and Betty-Lou buy a 26K Single wide and park it in the trailerpark = BIG TIME depreciation
Johnney and Suzey shell out 80K for a modular and set it up with a permanent foundation on land = REAL ESTATE
#13
Originally Posted by banzaitoyota' date='Aug 27 2003, 09:40 AM
This is where you have to use your intellagence to seperate the truth from the crap they throw at you in school.
Joe-BOB and Betty-Lou buy a 26K Single wide and park it in the trailerpark = BIG TIME depreciation
Johnney and Suzey shell out 80K for a modular and set it up with a permanent foundation on land = REAL ESTATE
Joe-BOB and Betty-Lou buy a 26K Single wide and park it in the trailerpark = BIG TIME depreciation
Johnney and Suzey shell out 80K for a modular and set it up with a permanent foundation on land = REAL ESTATE
I can't wait to buy land. I'll be a white land-owner, then I can vote!
#16
Originally Posted by SpecialT' date='Aug 27 2003, 11:38 AM
House, you can borrow against the equity you build in your house to do your car.
So you and your car both win!
So you and your car both win!
I mean....smart feller!