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Why would someone rent a relatively cheap home—why wouldn’t they just buy it? In today’s video, I’m sharing three key reasons why a tenant would prefer renting to becoming a homeowner.
For many investors, it seems like the obvious answer to simply purchase a home. Especially if your rental home is only $40,000, you might question why a person wouldn’t just buy their own home. However, more and more people are deciding to rent.
In this video, you’ll learn three main reasons why a person would choose to rent instead of buy. I’ll talk about differences in mindset, economics, and more!
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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