FCP 010: Real Estate - Should You Rent or Buy?
Financial Conversation Podcast
English - March 07, 2016 10:30 - 52 minutes - 48.5 MB - ★★★★★ - 5 ratingsCareers Business Investing entrepreneur budgeting finance increasingyourincome lifestyle money onlinebusiness personalfinance sideincome solopreneur Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Today, we are excited to be sharing our 10th episode with you. And if that’s not enough to get you pumped up, we are also excited to be talking about a topic that can have a major impact on your personal finances: real estate.
We are talking about whether you should choose to buy or rent a property and the effects of both when it comes to personal finances.
Choosing where to live is a real-life personal finance decision that we all face, and it might be one that many of you are facing during this spring home-buying season.
In this episode we discuss:
2:00 – Financial Implications of Renting vs. Buying and Pros & Cons of Both
16:00 – The "American Dream House" Do you need that much space?
18:30 – Determining the Best Decision for You: Should you rent or buy?
26:15 – FHA loans for first-time home buyers
30:30 – When is the best time to buy a house?
35:30 – How self-employment affects buying and renting real estate
42:10 – Should you ever pay off your mortgage early?
48:40 – Would we do the anything differently when it comes to the real estate decisions we've made in the past?
Enjoy!