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How do Rentvesters find a great home to live in
Manage episode 361116220 series 3009410
Rentvesting is a popular strategy for those who want to build wealth through property investment without sacrificing their preferred lifestyle or location.
Essentially, it involves renting a property to live in while also owning one or more investment properties that are rented out to tenants.
One of the main advantages of rentvesting is affordability. By renting in a desirable location while still owning an investment property, you can often enjoy a more affordable lifestyle. This is particularly beneficial in areas where property prices are high and buying a home to live in is financially out of reach. With rentvesting, you can still live in your desired location and invest in property without having to compromise on your lifestyle.
But for all that good parts some say the disadvantage of it is the uncertainty of how long they will be able to stay in the property. With of bit of know how and preparation we can overcome these issues.
106 episodes
Manage episode 361116220 series 3009410
Rentvesting is a popular strategy for those who want to build wealth through property investment without sacrificing their preferred lifestyle or location.
Essentially, it involves renting a property to live in while also owning one or more investment properties that are rented out to tenants.
One of the main advantages of rentvesting is affordability. By renting in a desirable location while still owning an investment property, you can often enjoy a more affordable lifestyle. This is particularly beneficial in areas where property prices are high and buying a home to live in is financially out of reach. With rentvesting, you can still live in your desired location and invest in property without having to compromise on your lifestyle.
But for all that good parts some say the disadvantage of it is the uncertainty of how long they will be able to stay in the property. With of bit of know how and preparation we can overcome these issues.
106 episodes
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