We just paid off our house this year that we bought in 2008 right before the crash. I don't hold any debt aside from month to month credit cards. We should hit $1MM net worth as soon as next year.
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I'm a poker player, man. It's well known we stink. Can't leave the table on a heater.

I pay a housekeeper. But if they could figure out some water bed I can lay in that would clean me while I sleep - sign me up.
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13 year paying off a house. Very nice. I think that is about the sweet spot versus going at it for 30 years. Congrats.
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Yeah. Dave Ramsey shit won’t work on anything business related. At least in a competitive environment.

For personal expenditures it’s not a bad strategy who wouldn’t otherwise manage it.
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Right on man. I was too chicken shit. I put 10% down.

I have come to terms with the idea that from a practical perspective Ramsey’s stuff is probably good for those who would be irresponsible or otherwise wouldn’t manage personal expenses at all. From a technical perspective it’s inefficient at best. Garbage at worst.

As far as the zealots, I manage to tune them out. Most of them shut up when I tell them I have an MBA and make capital and debt decisions based on perspective returns.

Of all the shit that makes me fucking crazy, Ramsey should be on it. But somehow it doesn’t ping the sonar.
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EDIT: Is there an advantage to not putting 20% down?
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Yeah, I would see that in KC a lot, and the housing market is insanely cheap compared to out here. You could find a decent apartment (several years ago) for ~600-750/month, but friends would want the fancy $1100+/month place while I was paying $700 on a 15 year mortgage (and I wouldn't do the 15 year again when I could just pay extra on a 30, but whatever)..... I didn't do much more than break even overall, but at least got 5 years of equity back, whch was still far better than renting.
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Yeah, PMI is a fucking scam and is a thing up to having 20% of the loan paid off... it may still make sense to throw $100-200 down the toilet for a while as opposed to rent, but that's one mental hurdle that's tough for me to get past because the whole concept is so fucking stupid.
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Yeah I edited my post as there would be an obvious variable of how close one is to 20% to make that rent/vs buy with less that 20% decision level

EDIT: and also the timing of the housing market similar to '09, could make more sense to dive in without 20%
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For a moment I thought you were talking shit on our lord and savior PMII. I was about ready for a throw down.
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Thinking long term has pretty much been the central tenet of my philosophy on life and everything else. Unless the short term is something that will kill me, like an alligator attack or standing in front of a moving train, I've always chosen the path that's best for the long term. For a long time it didn't seem like it was paying off, and then about ten years ago everything kicked in. The past decade has been very very good to me.
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Yeah, at a high level, I'd say at least you're still building equity, even if you're getting a lower percentage of your payments back when you sell... and if you buy low, then at least there's a decent chance you would more than make up for the money thrown down the toilet.

I'd guess it could be a ~$5-10k thing over a couple to 5 years, maybe... as opposed to renting over that time. Not the worst hurdle to overcome in the long run.

If you already have 20% down available, there's the opportunity cost of what you could invest that money in versus avoiding the cost of PMI... and in that case it might make even more sense to put your money elsewhere and pay PMI (bastards! :-) ).
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Our house value has went up $240K in the last 2 years. No way a 401K gets that ROI.
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Life in Tampa or wherever in Floridastan must be good.

Where has housing prices increased the most in the last few years at least in terms of percentage?
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Not sure what that has to do with paying off sooner versus investing?
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