RENT vs Home Buy ! #property #properties #realestate

RENT vs home buy ! #property #properties #realestate #moneyguruvikash

rent vs buy home india/ rent vs buy home /rent vs buy /rent vs own house /rent vs buying a house/ rent pe rahen ya ghar khariden

This video talks about whether you should rent a house or buy a house or rent vs home buy. In this video we also talk why you should stay on rent till you turn 40 years old and why you should only buy home when you are in your 40s. Below are the topics covered in this video:

1. RENT till you are 40
2. Dont's rush to buy home.
3. Explore career options before you decide to buy home
4. Live at least 10 years in the house after you buy
5. Become financially stable before you buy home
6. Make sure you have all your basic finances covered before you decide to buy house, you must have emergency fund of 12 months, insure health and term insurance, 20-40 percent money saved for down payment, contribution towards retirement planning and children's higher education and children's marriage should be happening on a monthly basis through mutual fund SIP.
7. Rental yield in India is 2-3 %, and home loan is at 8-9%
8. Rental yield in USA is 8% and home loan is at 2%
9. Invest in commercial property not in residential property.
10. Home is liability not a asset.

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#property #properties #realestate #moneyguruvikash