No. of Recommendations: 8
Please tell me again how I am throwing my money away on interest (and appliances and yard maintenance) when I just made $335,000 selling MY starter home? Gee, sure wish I would have rented those last 8 years......NOT!

Please do not confuse good luck with skill or a prudent plan.

If you just sold your house and owned it for 8 years, that puts your purchase in 2005. The RE market peaked out around 2006 to 2007, depending on your location. So you bought not long before the peak.

I suspect you were either very lucky or you have glossed over important information, such as significant improvements made to the house, or a below market purchase. With your handle, it's also possible your property is located in a recently discovered gas field, adding to it's value. I'd toss that in the "luck" pile.

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