Hellow guys, Welcome to my website, and you are watching Renting vs. Buying a Home: The 8.71% Rule (2023). and this vIdeo is uploaded by Humphrey Yang at 2023-05-31T13:30:03-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Renting vs. Buying a Home: The 8.71% Rule (2023) |
| Video Uploader | Video From Humphrey Yang |
| Upload Date | This Video Uploaded At 31-05-2023 16:30:03 |
| Video Discription | 🏡 Rent Vs. Buying Free Calculator: https://beacons.ai/humphreytalks/freedownloads In today's video we dive deep into what the Renting vs Buying situation looks like for prospective home owners. This video is inspired by Ben Felix, Canadian Portfolio Manager, make sure to check out his video here: https://youtu.be/Uwl3-jBNEd4 In Ben's original video, the 5% rule was presented when mortgage rates were around 3%. The 8.71% Rule takes into account the newest mortgage rates of 2023, as well as a slightly higher rate for property taxes. Refer to the timestamps for all the fun stuff. FREE STOCKS: 🏆 WeBull (Get 6-12 Free Stocks worth up to $30,600 when you deposit $100) ➭ https://a.webull.com/i/HumphreyYang 💸 SoFi Checking & Savings: Get up to 4.20% APY, pay no account fees and earn $250 when you sign up and set up direct deposit. Terms apply ➭ https://sofi.com/humphrey 🎓 Public ($10 Free Stock) Investing App ➭ https://pblc.co/humphrey RESOURCES: ▶️ Join the Patreon Community ➭ https://patreon.com/humphreytalks 🐪 Hump Days Newsletter ➭ https://humpdays.substack.com 💳 My Favorite Credit Cards ➭ https://cardonomics.com/i/humphrey FREE GUIDES/TEMPLATES: 🏠 Investing 101 PDF: https://beacons.ai/humphreytalks/freedownloads 🏖 The Financial Mastersheet: https://beacons.ai/humphreytalks/freedownloads 🚗 Car Lease Payment Calculator: https://beacons.ai/humphreytalks/freedownloads 💵 Net Worth Tracker: https://beacons.ai/humphreytalks/freedownloads Timestamps 0:00 - The Premise 1:00 - Cost of Home Ownership 1:40 - Property Taxes 2:24 - Maintenance Costs 3:00 - Mortgage Payment 6:44 - The 8.71% Rule 8:28 - Flaws of Rule (DO NOT SKIP) 11:40 - Pros of Owning 13:47 - Pros of Renting 14:57 - The Main Takeaway PERSONAL LINKS: 🎥 My YouTube Setup ➭ https://kit.co/humphreytalks 🌍 Rickie (Editor) ➭ https://instagram.com/coldgamerick 🗞 Twitter ➭ https://twitter.com/humphreytalks 📸 Instagram ➭ https://instagram.com/humphreytalks 🚀 Tik Tok ➭ https://tiktok.com/@humphreytalks 📧 GET IN TOUCH: I'd love to hear from you! If you have a longer question, or if you have a business related inquiry, please then send me an email at [email protected]. I try my best to reply to all e-mail but sometimes I do not have enough time to respond to everyone. PS: I am not a Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel |
| Category | Education |
| Tags | humphreytalks | renting vs buying a home | real estate | housing market | should I rent | should I buy a home | should I rent or buy a home in 2023 | mortgage rates 2023 | home prices 2023 | mortgage rates |
