Home Renting or Buying?

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!

Real Estate, Education, Investing, Self-improvement, Business, Money

4.6 • 858 Ratings

🗓️ 13 January 2020

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, Quint and Daniel discuss the perks and downfalls of home renting/buying. The decision to rent or buy is always situational!

Transcript

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0:00.0	Hey there, this is Daniel.
0:03.0	Thanks for listening to DIY Money.
0:05.3	Now, if you haven't already, be sure to give us a five-star review so your friends know that this is a show that they can learn from.
0:11.6	Follow us on Instagram at DIY.money.
0:15.2	Now, enjoy this episode.
0:20.8	Welcome back, ladies and gentlemen, you are listening to another edition of DIY money.
0:28.9	Yeah, I want money.
0:30.4	All right, second recorded show of 2020, we've got a doozy subject matter that keeps coming up from Adriana in Miami.
0:42.0	Be on van derbyami.
0:43.3	What do you got?
0:44.1	D-I-Y!
0:46.0	Hi, guys, it's Adriana, calling from Miami, Florida.
0:50.4	My question is in regards to something that I heard on one of the previous podcast that I was listening to.
0:56.5	And you guys mentioned in regards to when you're planning on getting a home that it might be better to rent for a year or two before you actually commit to buying a home.
1:09.0	So I just wanted to know if you guys are going to touch on that a little bit more
1:12.7	in the future because I always thought that it was always better to buy instead of rent.
1:20.1	If there's a reason behind that, I would love to hear more about it.
1:24.7	Great question, Adriana. Let's start off with Daniel, who is currently in the situation that you're talking about.
1:32.2	Daniel, what say you?
1:33.5	Yeah, we are currently renting.
1:35.4	And what I will say right off the top is this is very, very situationally dependent.
1:43.0	So when it comes to housing and buying a house versus
	...

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