I always advise people if you must rent, try and get into a lease-option, this way there will be the possibility of actually putting your money to use.

If you decide to buy, you’ll already have money paid toward your down payment.

If you decide to move, put the house up for sale a few months before you move and see if you can sell it for more than you would buy it for. Then buy and sell at the same time and pocket the difference.

I love how you are teaching your readers to be informed consumers. THAT is very important.

I do agree it’s better to own than rent. Renting is okay if you’re going to be moving around a lot and don’t want “roots”, but for anyone who knows they’re going to be in one spot for an extended period of time, buying is a better choice (provide they have the means).

Yes, most millionaires have made the majority of their money with real estate. Look at Donald Trump. He’s constantly developing “something”. If it wasn’t profitable for him, he certainly wouldn’t keep doing it.

Barbara Swafford’s last blog post..MMM - Can She Talk?