Everyone is different. Personally where I live the cost of renting and owning is the same and in some cases waaaay cheaper. Ex. I can own a home from 800-900(not the best home but a good home and this includes the insurance and taxes) or pay rent on that same home from 1200-1500. If I get a new home I am paying the same exact price. The benefits of not dealing with a landlord and getting to decorate and make my home truly mine is a great trade off to me. Also I plan on making my home a rental property. I'd also like to point out owning a home could be as cheap as having an apartment. There are lots of programs that help with closing cost and down payments assistance.
Latest Comments
Why I Am Never Going To Own A Home Again
Everyone is different. Personally where I live the cost of renting and owning is the same and in some cases waaaay cheaper. Ex. I can own a home from 800-900(not the best home but a good home and this includes the insurance and taxes) or pay rent on that same home from 1200-1500. If I get a new home I am paying the same exact price. The benefits of not dealing with a landlord and getting to decorate and make my home truly mine is a great trade off to me. Also I plan on making my home a rental property. I'd also like to point out owning a home could be as cheap as having an apartment. There are lots of programs that help with closing cost and down payments assistance.