Are You Ready to Be a Homeowner? Here are the Pros and Cons
- Author
- Tony Reed
- Published
- Tue 31 Jan 2023
- Episode Link
- None
In this episode, @tonyreedco discusses the pros and cons of home ownership.
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The pros of homeownership are that you can customize your home to fit your needs and wants, make money by renting out extra space, and build equity over time.
The cons of homeownership are that it can be expensive to maintain and repair, you're responsible for property taxes, and HOAs with stringent stipulations.
Overall, homeownership is a great investment, but it's essential to weigh the pros and cons before making a decision... Debt to income is what matters when it comes down to homeownership.
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