Ep 113 “Yes! Renting Will ALWAYS Be More Expensive Than Buying!”

Welcome back everyone to “The Really REAL Real Estate Podcast!” As of late, it seems like a lot of tenants are complaining because landlords are being “greedy” by charging exorbitant rents when the same exact property would have a monthly mortgage payment that would be much cheaper (thus making renting the same exact piece of property much more expensive than buying it). Today, we take a look at this situation from the landlord’s side and discuss why renting is so expensive and why landlords may not be as “greedy” as tenants think! TALKING POINTS (3-5): - Introduction - Owning rentals is a business! - Business owners are in the business of making money! - Landlords have to pay the monthly mortgage. - This includes principal, interest, taxes, and insurance. - There are additional expenses associated with owning a rental: - Maintenance repairs - i.e. plumbing leaks, roof leaks, HVAC systems breaks, etc. - Replacement costs - i.e. new carpet, new paint, locks need changed in between new tenants, etc. ***This doesn’t include additional costs like landscaping or cleaning services if you’re renting in an apartment complex!*** - Landlords will have vacancies! - It’s a business and there needs to be a profit! - Final thoughts HASH TAGS: #renting #business #moreexpensive LINKS: JASON: https://jasonwilcox.cbintouch.com/ https://www.zillow.com/profile/jasonwilcox1987/ https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber https://www.facebook.com/jason.wilcox.186 https://twitter.com/jason_wilcox1 https://www.instagram.com/jason.wilcox1/ CONTACT INFORMATION: JASON: Cell Phone: 412-651-4638 Email: [email protected]