Why you SHOULDN'T buy a home Posted on August 31, 2019 Buy chicago hotels dallas hotels home hotels hotels in chicago hotels in florida hotels in las vegas las vegas hotels private jet rental property Shouldn39t travel travel vlog vacation 22 thoughts on “Why you SHOULDN'T buy a home” I just want to make it clear: The content of the video is about the pros and cons of Renting vs Buying a home, and how to decide which would be the best route given the situation, cost, timeframe, etc.Reply millionaire landlord tells us why renting is goodReply Dislike everytime you put a 30 second ad in your video. I pay for YouTube Red to not see this bullshit, and you idiot YouTubers find these stupid fucking work around.Reply Hi Graham. Did you know that your name "Graham" means "home" in many Indian languages? Type in gr̥haṁ in Google Translate and you will see what I mean.Reply Hey that sponsor money!Reply Can you make a video on the process of preparing to buy a house?Reply Damn, my property taxes are 3% lolReply Doing sponsored videos now? Guess u gotta pay for that new girlfriend somehow🤷♂️Reply I can't personally say I've purchased a home, but I can most definitely agree with the benefits of renting! As a college student, having the benefit of having a fully furnished apartment with no concerns towards repairs and maintenance is nice.Reply Also even you own a home and sell for profit after 20 years, where are you going to live? You will have to move away from the area. Very hard to make money on your primary residenceReply I DON'T CARE WHAT YOU SAY…. I WANT A HOUSE. MY OWN BACKYARD, GARAGE AND FRONT YARD.. tired of living next to people that smoke week AND HAVE LOUD SEX.. Just live within your means. Don't keep up with the joneses. Have a savings. Always have other accounts like emergency,rainy day ect.Reply I cringe whenever I hear someone mention stocks as an investment to "potentially" get only 6 or 7% return >_>It's not that difficult to get a system that does better than 7% annually… https://weeklystocktip.com does +34% and there's plenty of others like this out there.Reply Graham or people in the comments you guys got any tips for high schoolReply Graham I bought my first house at 23. I'm paying myself everytime I pay on it the cost of renting is double the cost of owning where I live. The goal was to reduce cost and pay off my student loans. Its had its ups and downs, but I was very careful when I bought and got a great deal and instant equity. Prior to meeting my girlfriend i had 3 tenants on separate occasions and was practically living for free at those times. Now looking back on it, this is why want to establish a portfolio now. Renting out rooms wasnt complicated at all. Also when I picked this particular house I spent an entire year shopping and probably looked at like 50 houses. This alone allowed me to learned a ton. I'm saving now for a down payment on my second property while my girlfriend finishes school. We plan to work full time careers and start acquiring properties.Reply niceReply Was that a subliminal “Double Tap” book on the ad portion of this video?Reply Did somebody call uncle GC?Reply Rental rates rise ..your mortage stays the same …for the average family purchasing a home is the best and safest investment also the easiest path to wealth..Reply The banks always win when you buy a home or any other big purchaseReply This is so true. I see this misconception of throwing away money by renting all the time. Thanks for this videoReply Hey so I see that you always ask about ideas for future videos so one I had in mind is a video of what kinda of job someone should pursue after highschool if they aren't going to college and the upside and downside to that potential pathway, along with what would be needed in each careerReply I don’t pay mortgage OR rent. I am a truck driver and live in my truck comfortably. Even the truck I dont pay for. Nor fuel, electricity, A/C, etc since it’s a company truck. In the day that I’ll need to rent or buy a home, I’ll have saved lots of money from not paying any current living expenses except food. That’s the plan at least, God willing.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.