Renting a house or apartment can sometimes feel like watching money go up in smoke. Each month’s rent does not contribute to any form of ownership or investment. http://bit.ly/2Nyc5xc

Watch this video to see why sometimes you should rent vs own a house or an apartment.

If you want to start saving up in order to buy a house, investing is a great way to get you there. Click the link above for my investing quick start guide!

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24 COMMENTS

  1. Where I am, the mortgage for a 300k home is the same as renting the same 300k home in the same location (given that you put 10% down). I dont see why i would rent in this case. Am i dumb?

  2. I hated when people use the word "own". PEOPLE!!!! you really don't own your home. The regulations on what you can or can't do to your own house show that it can never be truly yours. On top of that, if you stop paying property tax for reason like a sickness that disables you to work to pay, you will be evicted. unlike the clothes on your back that you truly owned.

  3. It would be great if you could leave some visual examples with numbers that fit this video. ROI on stocks v ROI on homes with real life examples on both you could just as easily lose everything you have invested in the stock market. Great videos and interesting ideas.

  4. But doesn't that decision depend on location? I live in Southern California and rent prices suck! Paying about $2400 total in a basic 2bd 2ba Apt. The bitch is, I know people who pay a few hundred dollars cheaper on their monthly mortgage.

  5. We live in Bay Area and our rent is $3000, which is unheard of for a 3bd townhouse. We are putting all our extra cash and savings into an investment fund so that we can buy a house for $650k cash in about 7years in Seattle area. What do you think about this plan? We’re a little nervous, but buying a home here would mean at least $9k monthly payment

  6. We rent houses we couldn’t afford to buy. We have a smallholding rental. These cost a lot of money. We are self-employed and our age to mortgage ratio isn’t so good. Renting makes more sense for us. We have little left for investment- yet it’s better than the alternative for us, which is living in a town, a town job, etc.

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