Whoo Hoo! I'm my own land lord!
 

It's a happy day for the Blowfish Household.

Our Independence Gilded Palace, Statey Wayne Minor, is now paid for. Yep, Mrs. Blowfish and I are proud home owners. Paid off a 30 year FHA loan in 21 years.

Very happy day in my life. Seems like it took forever to accomplish.

Now I must get to work on paying off the New Lesbaru.....

So now you're going build a Rat-Rod in your garage?

That's my plan at least....own a home, pay it off and build a Rat-Rod....then die.

I have a 1997 Cougar XR7 in the garage that we're restoring. It's the last big cougar, 2 door, bad ass, V8 muscle car. It will get some love later this year at the body shop. Needs paint and rust repair, some interior work.

210hp V8 is a muscle car?

Its not that hard to do, just acquire a small plot of land, then buy a cheap camper on Craigslist to live in, put it on the land and WHAM you are your own landlord.

LMAO:LOL: only 201 hp from a V8? wtf?

From Mercury Sales literature in 1997:
"Power comes from a 4.6-liter double overhead cam V-8 engine that develops a healthy 205 horsepower."

That's muscle in 1997 terms. Granted, it's not a big block Chevy. But it was the top of the line Cougar in 1997 with all the goodies. It's plenty fast, believe me.

Its the kind of car where you get it on the interstate, start cruising, and before you know it, you're doing 85mph.

And it gets gallons to the mile.

Imagine all the meth you could have been producing for your loan payments bruh.

Gary. We have to cook.

Hey now, we haven't had a big Meth Lab explosion in Independence in several weeks. Simmah down now....

Just means the proverbial cream has risen to the proverbial top. You've got the meth makers who know a) how to keep a low profile and b) not to blow themselves up.

Charles Darwin approves this message! :thumb:

I've got three years left on mine. That's going to be a great day.

Great feeling, isn't it? I paid off my mortgage in 2012. I had my last car payment in July of last year. It definitely frees up a lot of money.

I paid mine off around 2013. I keep expecting to see huge snowdrifts of money piling up in my bank account, but it hasn't happened. It's a bit of a mystery. I think I should probably start tracking our budget.

I still pay insurance and taxes, of course, but the lack of P&I along with no car payments reduced monthly expenses by about $1400. I definitely noticed it in the bank account.