Since our rental properties tend to be relatively cheap homes, we often get asked why a tenant would rent instead of simply purchasing the home. And although it might sound like a simple question, it turns out the reality isn’t so black and white.
On this episode of Investing in Real Estate, you’ll learn four different reasons why a tenant might choose to live in a rental property, instead of becoming a homeowner. You’ll learn about economics, getting out of your own mindset, and how the banks often come into play. Don’t miss episode 402 of Investing in Real Estate!