Beautiful 3 acre lot with a 4th acre deeded as "Open Space". Open floor plan with high ceilings and an abundance of light. The large back deck was just completed with attention to every detail.
The Biggest Disadvantage to Renting- Giving Away Money!
Dated: June 28 2018
If you're a Millennial — or have a son or daughter who is a Millennial — you've probably had a discussion about renting or buying a home. It can be a hard question to answer, especially with the steadily-rising prices of houses.
However, there are clear disadvantages to renting:
- Someone else controls all the rules, not you
(such as whether you can have a pet).
- You'll see a steady increase in rent over time.
- Zero tax advantages.
- You have no say if your landlord wants to move into your place or sell to someone else.
The biggest disadvantage: You give away your money. Renting means you never will have the chance to build equity in a home. Instead, you give that opportunity to your landlord.
I am the Marketing Director for Real Living Kee Realty.....
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