PatC
Confused about dryer sheets
Seeking Financial Mentor
I am 56 yrs old, single, no family or children.
15 years with the same company, $33,000 gross. I am a bartender, so realistically I may have another 3 years with this company (their choice not mine). I would continue in the hospitality industry the remaining 6 years until retirement at 65.
$1000 in a savings bond is my savings.
$1200 a month for living expenses. Includes rent ($995), electric, gas, H2O, & trash.
$1800 per month for all other expenses. Credit card bills, food, health, gas, truck maintenance, cell phone, internet, personal & household items. Everything.
My credit score is 760. I have $8,000 in credit card debt &$3000 in tax debt (which will be paid in full next April due to adjustments in our pay checks this year).
My classic 1969 Chevy truck is paid for.
Excellent health. Currently, no health insurance. Minimum coverage starting in January 2012 at $90 per month.
I have been renting a house for the past 6 years in South Scottsdale & prior to that another house in California for 15 ½ years. I have excellent references from both landlords.
I am here to stay in Arizona and would love to make this my last move. (while I am waiting for the winning lottery ticket)
I am considering purchasing a mobile / manufactured home. The average lot fees are $500 which includes annual property tax. I am not overly impressed with them or the parks in my area. I would be a first time home buyer.
My preference is to let a landlord deal with the major repairs, city hall & all that goes with that responsibility. My energies are best spent generating income. I am not looking for an investment just the best way to survive the next 30 years.
Should I continue to rent? Would an investor be interested in a long term, professional tenant for less than market value rent? They buy it & I pay for it?
I am looking for someone to act as a financial mentor, for help with this decision as well as future ones.
With great appreciation
PJC