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Brandon Schlichter: The Man Who Makes MILLIONS From Laundromats & Car Washes | Investment Joy

Disruptors

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Repaying Capital vs Dead Money: Understanding the Benefits of Property Ownership

  • Owning a home is better than renting in terms of cash flow./n- Renting also incurs a cash flow liability./n- Renting requires a well-paying job with flexible schedule and healthcare benefits, which can be provided by Amazon./n- Repaying a mortgage allows for capital gain and tax breaks./n- It is not advisable to have a one-size-fits-all approach to owning versus renting a home./n- The decision between owning and renting depends on factors such as location, home value, and mortgage payment./n- The average home price in the United States is $437,000 with an average mortgage payment of $2,200 per month./n- The average home in the United States appreciates by 3.5% per year.
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