Young Gs, Do not buy a home. Rent. Invest your money in Multifamily real estate and bitcoin. I’ve owned a number of properties over the last 25 years. When you factor in repairs, property taxes, insurance it’s better to rent in most cases. Plus, you have FREEDOM to move.
The freedom to be able to move at any time is priceless. Had drug dealing neighbor at a house I sold. Can’t have those kind of shenanigans going on next door. If my kids need to go to a different school, I can just up and move to a better school district.
People in NY and CA trying to sell their houses, move. All that equity is locked up in their home. Better to have it invested in cash flowing assets like multi family real estate. Plus, any time something breaks, you just call the landlord and they fix it.
You can follow @GreyTesh.
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