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Why waste money on rent when you can buy?
Manage episode 340648975 series 3393079
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Why waste money on rent when you can buy?
Consider being a homeowner instead of paying the landlord mortgage not earning equity.
Average Home Equity Banking Return-On-Investment
$377,705 x 5.4% appreciation $20,396 yearly
The benefits of being a homeowner allows you to earn equity in your home 2% per month that will appreciate side-by-side with a traditional 401K retirement plan annually. You can contribute a maximum of $20,500 to a 401(k) in 2022
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