RENT OR BUY?
Is It Better To Rent Or Buy A House?
FTMDaily.com – One question that we recieve often is: “Is It Better To Rent Or Buy A House?”
Like most financial questions, the answer greatly depends upon several factors, including:
- Your own personal financial situation and future goals
- How long you plan to live in the home
- How quickly prices and rents are rising in your area
- Your personal investment outlook and risk profile
- Etc…
However, in our current economic environment, the question of whether to rent or buy a house also depends on your location. For example, if you live in a major coastal city like San Francisco or New York City where housing costs are outrageous, buying a house could be extremely cost-prohibitive.
Fortunately, Realtytrac has created the above map to address this important question.
Another good online tool for calculating where it is better to rent or buy a house can be found here.
Over the weekend, a new Gallup poll was released showing that a majority of high-income Americans believe real estate is the best long-term investment.
Meanwhile, mortgage lenders are finally beginning to relax their credit restrictions on prospective homebuyers.
According to the WSJ:
“Mortgage lenders are beginning to ease the restrictive lending standards enacted after the housing boom turned to bust, a sign of their rising confidence in the housing market. While standards remain tight by historical measures, lenders have started to accept lower credit scores and to reduce down-payment requirements.”
Here at FTMDaily, we strongly believe that investing in real estate, when done properly, can be one of the best investment decisions that you will ever make. In fact, a majority of U.S. millionaires expect real estate to be best alternative investment to own this year.
Whether you want to make money from renting houses, wholesaling houses, or buying tax liens, you can learn the basics of real estate investing in our FTMDaily Income University. You can learn more here.
Until tomorrow,
Jerry Robinson
Order now to download this 67 minute online video tutorial and 16 page PDF booklet, both written and produced by Jerry Robinson. This information answers many questions for beginning real estate investors including:
– Why Should You Consider Investing in Rental Real Estate?
– What are the Tax Benefits of Owning Rental Real Estate?
– What is the Easiest Way to Find Good Rental Homes to Buy?
– What Should You Look For in a Rental House and What is the Best Kind of Rental House to Buy?
– How Much Should You Pay For a Rental House?
– How Can You Find Good Tenants?
– How Can You Limit Your Liability as a Real Estate Investor?
In these tough economic times it is vital for individuals to develop multiple streams of income. Investing in rental real estate is often an excellent way to generate additional monthly cash flow. Let economist and investor, Jerry Robinson, share his real-world tips and insights on the basics of investing in rental properties.
Order now for only $19.95 $9.95! (That’s 50% off the regular price!)
Inside this Issue
“Preparing — and Profiting — From the Coming Collapse”MIT Designs a Floating, Tsunami-Proof Nuclear Plant
New concept could revolutionize nuclear industry…
Stocks Notch One of Best Weeks of the Year
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Chocolate Demand is Soaring in Asia
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China’s Yuppies Are New Market Force For Global Automakers
China’s young urban professionals are now in the driver’s seat…
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U.S. Taxpayers Loaned $192 Billion to the Government Last Year
All told, 80% of tax filers overpaid on their taxes and received refund checks from the IRS for tax year 2012, with the average refund worth $2,742.
Puerto Rico Looks to Legalize Prostitution and Marijuana to Solve Debt Crisis
In Puerto Rico, 45 percent of the population lives in poverty, and the unemployment rate is a solid 15 percent.
Average Credit Card Interest Up To Shocking 21%
Another rising and unsettling trend: More strapped consumers are taking pricey cash advance deals
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The West now finds itself in the unfamiliar position of looking to Africa for technological inspiration.
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Money may not buy love, but it appears to buy years.
View the Investor Wire Archive >>
“A Daily Stock Trading Idea for Short-Term Traders”— Subscribers Only —
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Trade Alert – April 21
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U.S. Financial MarketsReal-time Gold and Silver Prices
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“Daily Investment Trends for the Savvy Investor”You are attempting to view premium content for subscribers only. If you are a subscriber, log in here. If you are not currently subscribed, you can learn more here.
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“World News Headlines That We Are Tracking”JUDGE: Feds Can Hide Rationale For Killing U.S. Citizen
A federal judge says the Obama administration can keep secret a memo spelling out the legal rationale for a 2011 drone attack in Yemen that killed a U.S. citizen and alleged terrorist mastermind.
British Arms Dealers Sell Weapons to 23 Countries Labelled ‘Dangerous’ By British Government
Examples include Saudi Arabia, Libya, and Iran…
Japan Expands Army Footprint For First Time in 40 Years
The historic move risks angering China…
Saudi Arabia to Begin Building World’s Tallest Skyscraper
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China on Course to Become ‘World’s Most Christian Nation’ Within 15 Years
The number of Christians in Communist China is growing so steadily that it by 2030 it could have more churchgoers than America.
Western Lawmakers Gather in Utah to Talk Federal Land Takeover
Lawmakers from 9 states gather in Utah, discuss ways to take control of federal lands.
Palestinians, Israeli Police Clash at Temple Mount
Tensions at the site run high during Jewish holidays – Jews are currently celebrating Passover – when Palestinians oppose having Jews try to pray on the compound.
Google: All Sent and Received E-mails in Gmail Will be Analyzed
Google added a paragraph to its terms of service as of Monday to tell customers that, yes, it does scan e-mail content for advertising and customized search results, among other reasons.
Composing Only 5% of the World Population, Americans Take 50% of All Pharmaceutical Drugs
And make no mistake: These drugs are meant to keep us imprisoned in poor health, not heal us.
Jews Urged to Flee Ukraine by Holocaust Survivor
ALL Jewish people should leave Ukraine at once, a Holocaust survivor warned last night, after “grotesque” anti-Semitic leaflets were handed out in the country.
Turkey Threatens to Leave World Wide Web
Turkey’s Minister of Transport, Maritime and Communication Lüfti Elvan says Turkey may establish a national ‘ttt’ protocol instead of the regularly used ‘www’.
Glow-In-The-Dark Roads Make Debut in Netherlands
They look beautiful, but they could also save a lot on streetlight power.
Another Meteorite Lights Up Night Sky in Russia
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The Basics of Precious Metals Investing
Broadcast Every Weekend – Hosted by Jerry Robinson
Topic: In this week’s episode, we pause our “Stock Trading Bootcamp” series in order to bring you important information about precious metals investing. You don’t want to miss this episode!
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Read This Week’s Show Notes >>
“A Daily Dose of Financial Wisdom from God’s Word”
“Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ecclesiastes 11:2
