Would you rather Pay a Mortgage or Pay Rent? #shorts
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Would you rather Pay a Mortgage or Pay Rent?
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- Would you rather Pay a Mortgage or Pay Rent? #shorts
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Mano Kamgang
Not sure my home payment is $1700+ if I was renting would be about $3800. And I actually make my own rules 😅 and do what I want that’s more value than any investment.
Why not mortgage & rental properties? I agree. The freedom to rip the cabinets down, & flooring to put new ones is priceless. IMO
@Dre0109 I do both I believe anyone would know a home isn’t an investment rather than a life style. I would rather have the freedom of doing anything pretty much I like than renting and someone telling me I can’t even keep a small cat.
I rent out my house to a tenant and it covers my mortgage and the rent for the house I live in. My rent is $3K but if I were to buy it, the mortgage would be $6k.
My mortgage is way cheaper than renting a house its saving me money
Says the guy with over 1 billion in rental properties
True you need to think of your home as a liability unless you’re house hacking—but it’s a great savings account! Mine doubled in value over the last few years—time to take some equity to buy rental properties
100%
i’m confused so do i live on the street? so if im renting out the house i buy then obviously im renting out someone else’s house hard for me to make sense of it
My rent is $3K for a house that would cost me around $4700 to buy.
id rather own it for more money
My tenants pay my mortgage. 😊 I would never rent.
He’s talking about if you were to buy a house today versus renting not if you brought a house ten years ago of course the mortgage would be cheaper
I live in my home on the top floor and rent 2 appartments on the second.
Grant needs people to rent from him.
Regardless of what this guy says, buy. I’d rather gift my kid a paid off house so they don’t have to pay $4000 rents 20 years from now.
Please dont buy home, come and live in our apartment and pay us rent and make us rich. 😂
He is rich . He’s telling us how he did it his way.
I’m confused. If rent is half of what the mortgage is, and I am buying a rental property in that same neighborhood as you say to do in this video. How exactly do you propose I am I going to make money? If I have to get a mortgage to buy the rental and the mortgage is twice the amount per month I would be charging for rent, that means I would be losing half the mortgage per month in cash flow. Example if my mortgage is $3000 that would mean I should be able to rent that house for $1500. How would I pay my mortgage if I own the house for $3000 per month, but only receive $1500 in rent? Yet you say that the rental will make more than the house will.
He said your house is a terrible INVESTMENT. Most people think they made it when they buy a house. That same money into a GOOD INVESTMENT can make you rich. A home is a liability.
Just bought my first house it’s great and less than the rent I was paying for an apartment.
Rents are ridiculous too
What are you talking about 😂 rent is $3,000 a month. A mortgage is $1,700 a month locked in for 30 yrs. 30yrs from now that $3,000 rent will be $6,000 a month or way way more. Your income keeps going up as your mortgage stays the same
Good point
Prices are rising due to the fact 1 in 5 homes was bought by wall street last year…soon you will own nothing and be happier
In Germany, rent is as high as a mortgage and sometimes higher, while at the same time the flat you will rent is smaller. Perhaps in the US it is different, which is a good thing. Best, Tim
Driving out 1st time home buyers so the corporations don’t have to fight the law during bidding; “HomeTown Heroes Program”