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Renting Vs. Owning

Renting Vs. Owning

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Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space.


Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather than that of your landlord.


Renting and owning both have up-front fees when you sign your lease or close, respectively. Think about putting that money to work for you!


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Nirav
People should buy smaller apartments if they are planning to stay for at-least 3 years and have some saved money that they can put towards down payment. This helps tremendously
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Sharad
Absolutely! Real estate wealth building is a process. Start small and build from there. Get into the first home you can afford today. Build equity, move up and repeat.
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