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Home » Owning vs. Renting

Owning vs. Renting

We feel that it is invaluable to take part in not only the American Dream of owning property but a way to financially secure yourself and your family in the future.  You can take pride in ownership, feel the security of having your own and real estate is the best investment against inflation.

HOW MUCH RENTING IS COSTING YOU

Looking at how much you will spend in rent, lets use an example of $2,000 per month, which is a lower rent for a 2 to 3 bedroom home in San Luis Obispo County today.  Take that and multiply by 12 months would be $24,000 a year.  Now project that out for 20 years (if there is no increase) it would be $480,000!  Yikes!

BENEFITS OF OWNING REAL ESTATE

If you were to take that same money and buy a condo, townhouse, home or even a small investment property say 2 to 4 units, over the course of that 20 years you would have had stability of where you live, you are in control of your destiny of your location, you can improve the property and reap the benefits and best of you are paying down your principle balance while over those twenty years the payment remained constant and the value of the property will have increased.  Historically in SLO County the property values have increased significantly, in many areas of the County they have doubled and tripled in the past 20 years.

HOW TO BUY WITH AS LITTLE AT 5% DOWN

These are just a few reasons we advocate for everyone to be a homeowner and for a select few to invest in income producing properties to further secure your financial freedom.  Let us show you how you can buy a small apartment building with 5% down, get into your first home, move up or down we are here to serve.

Call us today, Kevin Jones 805.473.0300

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