Buying vs Renting in today’s market. Which is better?
There are pros and cons to both. But here’s a couple of key points.
When you own your landlord can’t raise your rent.
When you own your landlord can’t put your rental on the market.
When you own you are building equity and wealth for YOU.
When you rent and the sewer line fails is not your problem.
When you rent you are not in a “committed relationship” with your home.
When you rent you are paying a 100% interest rate. Say what? Yes, your rent is 0% to the principal and 100% to your landlord.
Homeownership doesn’t have to be out of reach, no matter what you tell yourself. I have great strategies and resources for first-time buyers to overcome the fear of buying a home.