1117: Q&A: Should I Rent Out My Primary Residence? - Episode 1117

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

How To, News, Education, Business News, Business, Investing

4.4 • 1.1K Ratings

🗓️ 30 December 2024

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's first caller asked a popular question. If you're looking to move out of your primary residence, is it a good idea to rent it out? Or is it better to cut ties completely and sell the property? On this Q&A episode, I'm giving my take on this common dilemma!

This episode feature three of your great real estate questions. We're going to cover topics like renting out your primary home, using gold and silver to buy real estate, and what to consider about buying real estate in this economy.

Transcript

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1:34.9	Well, did you see what's happening to the U.S. dollar?
1:45.6	Well, while everyone was out celebrating Fourth of July, the Congressional Budget Office back in Washington, D.C., was busy preparing their new numbers, their new predictions on what is going to happen with the U.S. dollar. How much in interest payments we will need to pay as a country
1:51.9	on the amount of money that we're currently in debt over $32 or $33 trillion in debt. So all of that
2:00.1	debt comes with some pretty heavy interest payments. And it
2:04.4	turns out, according to the CBO, I love how they release this report when no one's paying
2:09.7	attention because everyone was enjoying 4th of July. The CBO numbers, the Congressional Budget
	...

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