Choosefi | Financial Independence Podcast For The Stealth Wealth Community

312 | First-Time Home Buyer | Bigger Pockets

Informações:

Sinopsis

In 2008-2009, the American dream of a home with a white picket fence turned into a financial nightmare, sending many families underwater for a decade. After looking at the numbers, there's an ongoing debate over homeownership. Owning may not be the right decision for everyone. Scott Trench and Mindy Jensen from BiggerPockets join the show to discuss home buying and their new book, First-Time Home Buyer: The Complete Playbook to Avoiding Rookie Mistakes. Even if you've already purchased a home, Scott and Mindy's book is a masterclass to help you rework the process during your next home buy. According to their book, "…a smart home purchase will not only give you a place to live, but also offer flexibility, financial stability, and the chance to recognize and increase in that home's value over time". Is purchasing a home a good investment? Mindy says, "Maybe". Housing is an expense whether buying or renting. The more you buy, the more you are spending, and the less wealth you will have. Don't ask how much can