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Never understood this. I certainly agree in investing – but if I rent where i live, I just pay for the mortgage of the people listening to you and getting rental income properties. Why can’t I rent from myself?
🎉
Uncle G, my house payment is $670. Rent is double that.
Rent where you live, own where other people live. Still the cleanest landlord take out there.
My house is paid off free and clear…
I’m literally paying the utilities, taxes and insurance only. That will be the same if I’m paying for rent but someone else’s profit. I’ll keep the home equity and invest the rest.