Renting Versus Buying - Hint: Never be a Renter!

Never pay rent again.  Rent has climbed 7% year-over-year and 5% since March (according to Zillow)! That is by no means a small jump, and the reasons behind it should come as no surprise.   With a surge in housing prices, mortgages continue to go up, causing landlords of newly purchased properties with a dilemma: raise the rents to meet the mortgage or keep rents low and throw away your profit entirely. Combine the above with rampant inflation we’ve been experiencing, and you have a perfect storm for higher and higher rents.   Investors are snapping up houses. Why? How does this impact future renters and homebuyers? Timestamps:  0:01 - Introduction - “Renting vs Buying”  0:31 - Great things are happening in the real estate market 1:38 - Lou’s gift - “Doing Good While Doing Well” book 2:18 - Lou’s Wins of the Week  3:08 - MJS attendee shares his takeaways on the event 6:24 - Lou brings to everyone his real estate news 6:52 - Investor Home Purchases Hit Record, Surpassing Pre-Pandemic Levels - Redfin  11:00 - Real Estate is a stable place to invest your money 12:25 - Topic of the week: Never Pay Rent Again! 18:21 - https://www.WealthBuilderWorkshop.Online - One-day training for only $1 on September 18th 21:09 - Real people, Real stories -  Testimonials to Lou’s Street Smart System - https://www.StreetSmartInvestor.com 31:45 - “Doing Good While Doing Well” - Free ebook copy of Lou’s book at https://www.GetDoingGood.com   Take Lou's Course: https://www.udemy.com/course/realtors-and-real-estate-investing/?referralCode=305A2A5DB2A2C4543B7F Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing. * How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan… * How to have a buyer or renter before you even buy property… * How to have them alre