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RE: More Families Looking For Build-to-Rent Homes in Texas

in #leofinance2 years ago

It's not for everybody but if you can do it in my opinion then you should.

Even if you want to move at some point you can rent to other people that will pay your mortgage for you or sell to get your money back.

Rent money is dead money when you are paying for a service that cost more than the alternative.

it might be different in your country at the moment but over here it would cost 1500 - 2000 euros per month to rent a 4 bed house.

The mortgage on that house would be about 1000 Euros.

By buying you are paying less than rent every month and if you sell then you can get that money back from the sale. Or rent it out for 2000 and pay the mortgage while still having a profit every month.

It's a no brainer if you can put together the deposit and get that first house bought.

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