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Since our rental properties tend to be relatively cheap homes, we often get asked why a tenant would rent instead of simply purchasing the home. And although it might sound like a simple question, it turns out the reality isn’t so black and white.
On this episode of Investing in Real Estate, you’ll learn four different reasons why a tenant might choose to live in a rental property, instead of becoming a homeowner. You’ll learn about economics, getting out of your own mindset, and how the banks often come into play. Don’t miss episode 402 of Investing in Real Estate!
On this episode you’ll learn:
Why homeownership isn’t always the obvious answer for many Americans.
The reality of down payments for many tenants.
What Millennials have to do with rental rates.
The reason why many banks don’t lend on low cost homes.
Why real estate investing is a virtuous circle.
And much more!
Are We Becoming a Rental Nation? - Episode 387
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If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.