Rent vs Buy at the Tipping Point, 65 Percent into the Buy Zone. In several instances recently I’ve helped put folks into a home of their own for far less in monthly mortgage payments, than the cost of rental homes they were looking at or living in. In each case the homes they purchased were… Read More
Rental Property
Renter’s Dilemma… Accept Rising Rents or Save for a Down Payment?
Renter’s Dilemma… Accept Rising Rents or Save for a Down Payment? I’ve demonstrated to several rental clients recently, that owning a home will likely cost them less each month than renting. As a matter of fact, hundreds less for two new Renters-Turned-Home Buyers. There seems to be a misconception (perpetuated all over the web and… Read More
Video: Should You Rent Out Your Home?
In addition to the good advice in the video below, there are other considerations when you are renting out your home. You’ll need to inform your insurance company that the home is now a rental. Be sure that you can pass on the additional cost of insurance in the monthly rental fee. You are also… Read More