Should I Rent Or Buy

Should I Rent Or Buy

Rent or buy... YOU DECIDE 

Have you ever considered how much you pay in rent over an extended period of time? It is probably a lot more than you realize. The amount you spend for rent each month could be applied to a mortgage, not only building equity in your own property, but, in most cases, substantially reducing the Federal and State income taxes you pay each year. And, what happens to your rent money? It’s gone! There’s no interest, no equity, no return. To determine your home-buying ability, call me at 225.485.9822. 

I have done some research recently to see exactly how much renters are paying these days...to say I was astonished is definitely an understatement!  I spoke to a young couple who were current renters at an apartment complex and I asked them how much was their rent and what did that space look like.  They currently pay $1200 for a 1 bedroom apartment....that is crazy right?!?!?  When did rent become so expensive?  This is for a 1 bedroom/1 bath unit and they let me know that they were in the cheaper 1 bedroom apartment.  Wait...you mean to tell me in this particular apartment complex you can pay more than $1200 for a 1 bedroom apartment?  also, in this same apartment complex a 2 bedroom is at least $2000 per month.

Cons of rent - no interest in the property, no tax deductions, rental amount may increase at any time, need landlord approval to make changes (no matter how minor), etc....

People, I feel like I am not doing my job if I were to ignore this and allow my fellow Louisianans to continue to rent and not talk about your options!  Please call me at 225.485.9822 so that I can get you, your family, and/or your friends on the path to owning their own home.  Imagine having family get together's in your back yard, getting to know your neighbors if you are interested in a neighborhood, allowing your children to attend school in the #1 school district in the state, live close to a park for your children or your pets to play, living downtown where there is lots of activity, buying a home with acreage for horses, etc.... Please let me know what your desires are and allow me to look for your next dream home.



Danyale Thibodeaux Headshot
Author:
Phone: 225-485-9822
Dated: August 5th 2017
Views: 892
About Danyale: My name is Danyale and I am very excited to work with you on your next real estate transaction. Thr...

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Red Door Group BR @ Keller Williams Realty Greater Baton Rouge
19850 Old Scenic Hwy. Ste. 100
Zachary, LA
225-614-2305