Published: Feb. 24, 2022, 10 a.m.
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Nate Hedrick, the Real Estate RPh, is back on the show discussing 6 common home buying debates.
Key Points From This Episode
- An introduction to today\\u2019s guest, Nate Hedrick, co-host of the YFP Real Estate Investing Podcast.\\xa0
- Why home-buying decisions are not absolutes, but rather another aspect of the financial plan.
- How there\\u2019s no wrong way to go about financial planning, it just matters what you care about.
- Some of the pros and cons of 20% and why the most important question is what your capabilities are.
- Nate\\u2019s thoughts on the opportunity cost of money that\\u2019s being tied up in low-interest rate debt.
- Building versus buying and who each option is best suited to.
- Buying property with and without student loans.
- Weighing up buying a starter home versus buying a forever home.
- Why the term \\u2018forever home\\u2019 is a bit of a misnomer.
- The benefit of having multiple exit strategies.
- Why renting is not necessarily a terrible financial choice.
- The unforeseen costs of owning a home.\\xa0
Links Mentioned in Today\\u2019s Episode
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