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cookiemountain18 t1_iybkntw wrote

It’s not just about monthly expenses, It’s high cost repairs that pop up every couple years.

Your rent is probably covering these things but in a house you have to pay for your electricity/heating/gas, house insurance, and property taxes.

I didn’t buy a fixer upper, but the handful of projects I’ve done over the last couple years require tools which are expensive. Which I assume, if you’re renting, do not have.

It’s better than renting but it’s not cheaper. You also can’t just walk away like you could with a rental.

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SmarterShelter OP t1_iybl42b wrote

That's a good point. I think I'm going to make a spreadsheet and I'll add repairs in against my current rent.

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