The Truth About Renting vs. Buying

#short #shorts #shortsfeed

[richyzzz]

Not true, when you’re renting, your basically paying your landlord’s taxes, maintenance fees, and insurance. You jus don’t get the receipt. 😂

[gingerkilkus]

The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people—at least in California, where I currently reside—are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!

[swnup]

The benefits of owning a home,

- Your mortgage payment stays the same.
- You’re not subject to rent increase, like now.
- Property value increases over time.
- After 2 years you can refinance and get a lower monthly payment.
- After it’s paid off, it’s yours and no more rent 😎
- You can leverage the equity for another property.
- You can sale it and make a profit.
- You can rent it out to this guy 😂

[thedeadsexyedge]

Yea my mortgage has stayed the same since I got it while renters expenses has been skyrocketing with rising costs.

[brandonleesanders]

I bought my home for 320k in 2012
I sold that same home for 1.2 million in 2021
Even with all the maintenance and taxes
My home practically paid me each month for the last 10 years. If I would’ve taken advice from a guy like this 10 years ago I wouldn’t be where I’m at today. All advice isn’t good advice. Do your own research…

[dontlookbackwards]

People will have to accept reality that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Sure I'm not alone in my chain of thoughts, I look towards the stock market to fuel my FIRE goal at this point.

[Clj]

Owned a home outright paid for in Pensacola Florida, got behind on my taxes due to health and the city took it outright and sold it at the courthouse square, so miss a tax payment and you’ll see who owns your house l.

[ddunkin]

"We the landlords of the United States approve this meesage"

[YaBoyNigeMakinMoves]

It's always best to take your advice about Marriage or relationship, Parenting, and Home Ownership from people whom are not married, don't have children and don't own a home. 👌🏽

[FrankieRedding]

This message brought to you by Black Rock.

[adolfogarcia]

this guy is a perfect example of why i keep buying houses to rent out for a profit.... thank you sir

[matthewroberts]

I guarantee every person you hear saying this is a landlord

[alphamech]

Off camera he finish with saying "you should ask the people that rent from me" lmao 🤣

[TheDonBoomer]

I like how this dude is trying to tell me the American dream is renting a house your whole life 😂

[Petitpois_moi]

It boils down to what you want in life.

[robdgonz]

I can't plant a garden in my apartment. I can't paint the walls the color I want. I can't swap the fixtures to something nice. I can't refinish my own floors in my apartment. I have no guarantee I won't be asked to leave 2 hours, or 2 years from now.

Owning a home has its own drawbacks, but it's sure as fuck better if you can comfortably afford the payment.

[TimLeakOfficial]

Rent is going up every year while my mortgage is staying the same. But, as a landlord and real estate investor myself, I love renters. Less competition😊😊😊

[lets_go_brandon_lee_]

So much conflicting info…but the statement of “you’ll own nothing and be happy” really hits hard! The American Dream is very different than from 75 years ago!

[RNicknackpaddywhack]

The American dream today is not having to move every other year because the rent went up.

[mystrious]

Imagine playing monopoly and your goal is just to collect go.