How to Calculate: Renting vs Buying Your Home

Просмотров: 105 540

30 сентября 2019

Mike Hatz

3 года назад

Guys... Come on. There are few things on the planet more localized, than real estate. Being all butt hurt about "OH YEAH!!! Well I made 3,917% THIS week on my house that I OWN on the moon..."

Really?

Having that NYT calculator is FANTASTIC. These videos are perfect to get us all thinking. Not wrapping around the axle, when we buy emotionally and defend logically.

Your videos rock Andrei. Mad props!

Josh Sarrafian

10 месяцев назад

Been watching you for a while now and I’m very happy to see how far your channel has come. You provide useful content . Thank you

ash dobbs

1 год назад

I am from the future. if you are watching this in 2019, this man is a fool. in two years the stock market will crash, rents will skyrocket. as will home prices. take advantage of the 2.5% interest rates while you can. you can thank me in 2022.....and take vitamin D. there will be a world wide pandemic. and buy bitcoin....not stocks!

OCD - Gaming And Tutorials

1 год назад

Its not a mistake ✨️ ITS A MASTERPIECE

CHADgiga

1 год назад

In my case my parents got the right decision to buy the house because now the house quadrupled in price causing the mortgage to be minuscule

Yugen Productions

1 год назад

Found it! Thank you

Michael Sylvia

1 год назад

You don't need a to add it up. It is far simpler to that. The Renter pays the mortgage, insurance, repairs, taxes, and finally profit for the owner. The Renter Pays for everything in the end, plus the owners profit. After 30 years, you will pay even less do to it being paid off, the Renter never stops paying. Unless you move yearly, then owning is far superior.

poh woon

1 год назад

I’ve never seen anyone do it better

Gina Conti

2 года назад

You are such an inspiration, thank you. Continue to be so honest and down to earth.

Nick

2 года назад

“In the land of Mother Nebraska, USA. We pay 1.8% property taxes.”

Mike D

2 года назад

You are missing the glaring issue that you so keenly notice with equities trading - it is about buying the right house, at the right time.
- And not wasting money on pointless upgrades that won't pay back.
- HOA......enough said - unless you really make enough money.
- If you are wasting money on pointless upgrades to keep up with the Jones', then renting is for you.
You renting is covering the owner's bills plus forward investments. A good landlord is not losing money.....

Mikelchannel

2 года назад

Those euros are faaakeee

Tilly Comedy

2 года назад

dude you're hilarious 😂😂

Ian W.

2 года назад

All depends on your position in life and how flexible you wish to be. I’m in my 40s, married with kids and in a career. Not owning now would be a disaster. Plan to retire at 60 when mortgage will be paid off. If live to 85 will live rent free for 25 years and have an appreciating asset to leave to my kids. Did rent in my 20s and agree it is better then while you are still sorting yourself out.

Special K

2 года назад

Taxes suck in owning but the way I see it is I'm paying for all the youngens in the community to go to school for free

Special K

2 года назад

I'd rather pay $5 for a brick than $3.50 for a whisper

Special K

2 года назад

I'd rather pay a little more towards something than a little less toward nothing

Anonymou5Gh0st

2 года назад

I pay $2,420 a month........ for a one bedroom apartment. I gotta move

Joe A

2 года назад

Very good content, Andrei! I decided to stop my home search around the Antelope Valley here in LA, very similar hot, windy and cold weather during winter to Vegas. Factoring in the high purchase price, closing cost, pmi, homeowner's insurance, property tax, the very high cost of utilities due to weather, repairs and maintenance, well, I decided I would do better to stay as a renter for now. I wanted to house hack, but at my age, just didn't want to take a chance of possible difficult roommates/ renters...everything looks easy on paper, but in reality, there are challenges! Overall, be realistic when purchasing a home and really take the time to crunch the numbers. Thanks again!!

Stephanie Arnold

2 года назад

As a homeowner in Vegas, I bought my house in 2016 and have almost $100,000 in equity and we’re paying substantially less than renters. If something breaks or stops working, one way to prevent going broke fixing it is by paying just $40 a month in a home warranty program, so if my ac breaks or whatever warranty will help cover it. My hoa hasn’t gone up at all we only pay $44 a month. We’re in the process of refinancing to hopefully a 15 year loan which would also make early retirement more possible if after 15 years we won’t have to worry about paying rent or a mortgage. I mean yeah we also wanna spend money on home improvements here and there but that’ll increase the value of your home. I also think that if there was no financial incentive in owning a home over renting then landlords wouldn’t have an incentive in buying a property and renting it out while pocketing hundreds of dollars a month.

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