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Which part of the country is the best place to purchase a home vs renting? Ken breaks down the latest data on homeownership affordability and discusses some of the pros & cons of buying and investing vs renting. To view the data from Attom that Ken presents follow this link: https://www.attomdata.com/news/market-trends/home-sales-prices/attom-2022-rental-affordability-report/
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⏰ Timestamps ⏰:
0:00 Introduction
0:51 Buy vs rent data
2:10 Investor-Buyer viewpoint
2:47 Renter viewpoint
4:47 Data Summary
5:08 Notes for Investor/Buyers
5:48 Notes for Renters
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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
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#kenmcelroy #realestate #Homebuying
For more information on this topic follow these links:
Renting vs. Owning a Home: What’s the Difference?https://www.investopedia.com › … › Renting
Renting offers flexibility, predictable monthly expenses, and someone to handle repairs. · Homeownership brings intangible benefits. · Contrary to popular belief, …
10 Reasons Why Renting… · Case-Shiller Index · Home Ownership Investment
Rent vs. Buy Calculator – Is it Better to Rent or Buy?https://smartasset.com › mortgage › rent-vs-buy
Our free calculator helps you decide whether you should buy or rent. Compare the costs of buying and renting to see which makes the most sense for you.
Renting vs. Buying a Home: Which Is Smarter? | Real Estatehttps://realestate.usnews.com › … › Real Estate › Advice
May 17, 2021 — "When you rent, you pay the rent only. No property taxes, no HOA fees, no checks to the landscapers for lawn mowing, snow plowing and the spring …
Rent vs Buy Calculator: Should I Rent or Buy? – NerdWallethttps://www.nerdwallet.com › mortgages › rent-vs-buy-…
Use our simple rent vs buy calculator to find out which option is best for you. If you stay in your home for 3 years, renting is cheaper than buying.