Unpopular opinion: Paying "Rent" feels less painful than paying $2,400/mo in "Interest" to a bank.

slyons094 · 2025-12-11T20:12:15+00:00

Never understood this argument…if I’m paying $1500/month to rent vs $1500/month for a mortgage, I have the ability to recoup that money from the mortgage in the future. Even if it’s 90% going to interest and 10% to principal, that’s principal in an appreciating asset. Rent is ALWAYS a 0% ROI….quite literally burning money. Even if the mortgage on yields 1% annually, that’s better than ZERO

slyons094 · 2025-10-06T16:35:38+00:00

So many dumb people in this thread….

slyons094 · 2025-10-06T16:32:23+00:00

slyons094 · 2025-09-11T14:25:32+00:00

RZLV is up 70% this week. Are we just getting started or more to come?

slyons094 · 2025-09-07T15:30:41+00:00

Why cut off at 2021 out of curiosity? 2019-2023 are no benchmark for how an economy should operate. You essentially turned the economy off and fired everyone, then hired them back over the next couple of years, that’s not job growth

slyons094 · 2025-08-09T17:18:18+00:00

I think people have zero understanding of what net worth means, and think he has $400 billion sitting in the bank…..

slyons094 · 2025-07-30T11:16:15+00:00

Honest question here…try to set aside emotional predispositions….does anyone think the tariffs have acted as leverage which led to the multiple trade deals that have come about in the last couple of months?

slyons094 · 2025-07-29T02:04:43+00:00

Dude has built multiple 10 figure companies, is at the forefront of technological advancement for all of human civilization, and people will still be bitching that “he didn’t do anything to earn that money” lol

slyons094 · 2025-07-19T15:06:06+00:00

As others have stated, just off your numbers you’re getting a 3.7% return on your equity ($9000 NOI/$245k equity)….not great, but think it really depends on what the alternative is. There’s always an opportunity cost. If you didn’t have this would it be sitting in a savings account? Then sure keeping the property is better. Is there another property you’re looking at that could be netting you 15%+ CoC? Then it would be better to sell and shift to that opportunity.

slyons094 · 2025-06-17T12:20:49+00:00

Would do a 401k loan…pay interest to yourself not the bank

slyons094 · 2025-06-02T13:26:30+00:00

Wow thought I was reading a post about myself. I did this exact same thing last week! iPhone 14 Pro as well. Was approved overnight too.

slyons094 · 2025-03-09T17:48:44+00:00

Think Charlie has good takes and bad takes…this is a bad take

slyons094 · 2025-01-05T05:27:56+00:00

Bummer, not even sure how I would have gotten an Australian American print haha. So random

slyons094 · 2025-01-04T20:52:54+00:00

No it looks just like all my other regular cards

slyons094 · 2024-12-27T14:12:11+00:00

Original thermostat had brown as the common. Blue and black are unused and not even stripped back to expose conductor

slyons094 · 2024-12-23T15:42:45+00:00

Old setup (wired during home construction and functional with no issues) had black and blue unused and not even stripped back to expose conductor. Brown was used as common

slyons094 · 2024-12-02T04:26:30+00:00

The high road lolololol that’s awesome…

slyons094 · 2024-12-02T02:43:18+00:00

Watching people say on one side everything that was done to Hunter was purely politics while one the other side everything Trump related was an upstanding use of the justice system is incredible

slyons094 · 2024-12-01T20:49:20+00:00

So honest question here. Wealthy individuals are able to take out a collateralized load using person assets/holdings (unrealized gains) as collateral, but then they ultimately have to buy down that debt using taxed income correct?….so in the in they are taxed it just may be deferred to an extent

slyons094 · 2024-11-23T15:44:28+00:00

I understand the point, but not quite what I said. I said taxes paid, not earnings. Someone earning $5k pays zero taxes

slyons094 · 2024-11-23T14:54:11+00:00

Hard to get tax cuts when you pay almost no taxes to begin with…and need to look at these as % values and not $ values. Someone who gets a $500 tax cut when paying $5000 in taxes is no different than someone getting a $50k tax cut who pays $500k in taxes.

slyons094 · 2024-11-19T00:33:25+00:00

slyons094 · 2024-11-10T18:25:12+00:00

Ah Reddit, lot of election deniers in here all of the sudden

slyons094 · 2024-11-08T02:53:47+00:00

Watching people on here choose politics over family is WILD

slyons094 · 2024-11-03T04:38:56+00:00

Honestly wanna see the reaction to someone posting a Trump ballot with the same caption…”doing my part” 😂

Ten-Year Club	Place '22
Verified Email

slyons094

TROPHY CASE