Buy or Rent?
Which is better in general in terms of long-term net worth?
Heard cases for both.
Remember Mufi saying he rents himself and rents out his house.
And heard multiplexes are the best since they pay for themselves monthly (if 30 yr mortgage) once you rent out the remaining rooms and units.
Basically, trying to decide between:
- Keep renting
- Buy a condo and lease the other room
- Buy a house and lease other rooms
- Wait, save up more, and buy a duplex/triplex
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"No problem bowling, but speaking and batting, problem." - The Fizz
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