Should I Rent or Buy Where I Live? | Property Investors Podcast #47 Posted on September 29, 2019 Buy chicago hotels dallas hotels hotels hotels in chicago hotels in florida hotels in las vegas investors las vegas hotels Live Podcast private jet Property Rent rental property travel travel vlog vacation 18 thoughts on “Should I Rent or Buy Where I Live? | Property Investors Podcast #47” Hi I respect you’re views, it’s a great topic, I’m an investor also, I’ve built my portfolio up to a good size and would own where I live for lots of good reasons already mentioned in the commentsReply #MYFFCHALLENGEReply Its quite simple. If you are someone who moves around a lot with work etc then renting would be more beneficial.If not then buy where you live. You're paying off your own asset. Not to mention you have security. Renting won't get you anywhere.Reply Russels thinking of going into hiding and putting alistair on the face of promotions since he is so good at speaking in lamens terms😂😂Kids, the wealthy do really hide and education is key 😉Russel and sam you are awesome! Alisdair chill and have a beer haha 😂😉Reply A lot of flats in scotland are freehold, something that a lot of banks won't touch.Reply Brilliant video! Makes a lot of sense #InvestentProperty #Renting!Reply Nice podcast. I loved your crush course in Birmingham and I’m glad I met you all. All the best !Reply You can buy your own house with 5% deposit, that's a property for a lot less of a deposit than what you would need for a BTL.Reply this was greatReply https://www.youtube.com/watch?v=bynoPGtnLhk&t=344s I agree with Liam Ryan, same topic a few weeks ago, Buy your own home from assets built up from your property portfolio, 'delayed Gratification'Reply The house you live in is a LIABILITY!Reply Bullshit about 10 or 15% deposit required you can buy with 5% deposits without government schemes.Also no one (with at least half a brain) pays the variable rate, 4%, that he states, the 2-3% rate is more appropriate.Finally it is well know that the rental rates in London compared with their values is poor so shouldn't be used to guide the rest of the population.Reply What you're not taking into account is that owning your own place means that you don't have to deal with terrible landlords, which are much, much, more common than you state.I can't imagine how much it would piss me off if I was renting my own place while renting out other properties and I had to pay for repairs to my properties (e.g. boiler repairs) when the same repairs weren't being carried out by my landlord.Reply Renting or buying where you live is a good topic, you defend renting strongly so can I defend buying??;1.You’re house is your fallback position if your Ltd company goes belly up and is insulated from it if you structure right.2. Mortgage rates for residential mortgages are a LOT lower than you quote, very very low!3. If you own you can add massive value by extending, converting, updating and sell with NO Capital gains tax or income tax. (Providing it’s been your home longer than 6 months). This point is huge.4. It’s your security for your spouse if you die.5. Security of position for Kid’s schools etc, a landlord isn’t going to move you on. (They may want to sell if even they like you)6. A repayment mortgage is as good as saving but you can’t not make the saving deposit each month :pI do understand why people rent who invest. I currently have around £450k equity in my house that could be released but that’s like my nest egg. And it’s equally my wife’s, whereas my portfolio is my business and belongs to my business.Reply Personally I'd want to own a home because would want that extra security for my familyReply Hey samuel loved the video! Is there any way I can contact Ben who was in the last video through an email or phone number as I am interested in joint venturing with the pairReply Im sure you guys have already done a podcast regarding this topic???Reply Thoroughly enjoyed the 2 day event in Birmingham . It was informative, thought provoking,fun and I wish I had done it years ago.Reply Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment.