How to Handle The RISING Cost of Rent (And not Panic!)
The Personal Finance Podcast
Can You Afford to Rent a House?
You can't afford to rent that property with our rentals. That's one of the requirements as you have to make three times the monthly rent in order to even qualify to apply. If you're living above that 30 % range of your income, you are house poor. And guess what? As your rents rise, this is something that you can fix.
In this episode of the personal finance podcast, we're gonna talk about how to handle the rising cost of rent.
Checklist of what we talk about:
- How to handle your financial situation
- How to negotiate your rent
- Why is rent increasing
- How much should you spend on housing
- Where rent increases are the highest and lowest
Checklist of relevant episodes:
- How to Build Wealth (Even on a Low Income!) With Joshua Mayo
- How to Significantly Reduce Your Housing Costs with Live-In Flips
- How to Buy a House with Only 3.5% Down! (The FHA Loan Explained)
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More Episodes You Will Love:
The Stairway to Wealth 2.0 (The Order You Should Put Your Money in!)
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USEFUL RESOURCES:
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- Best Personal Finance Books: https://kit.co/MasterMoney/best-personal-finance-books
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DISCLAIMER: I am not a financial adviser. This Podcast is for educational 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. I am sharing my opinion.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
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