Why
Rent When You Can Buy?
Does it make sense in today's
property market to rent rather than buy? The days of high
interest rates and low rents are long gone. Today it makes excellent economic
sense to buy a property rather than rent.
Here is an example of how a student or buyer can live Rent
Free:
You purchase 4-Bedroom house with a mortgage of $1,000 per month. You then rent the other three bedrooms for $400 each a month.
You are now receiving $1,200 a month in rent - a monthly gain of $200 rather
than a monthly loss.
We can safely assume that the property will
rise in value about $10,000 a year over the next 5 years.
5 years of ownership X $10,000 = $50,000 in capital gain.
If the same person elected to rent a room
at $500 per month, they would incur a loss in the vicinity of $20,000 for the same period
(not including 4 months of summer).
So whether you are a student or a young couple just starting off, it makes
sound economics to consider purchasing.
We will be pleased to provide
prospective buyers with a list of suitable
condominiums and houses. Please complete the form below to receive a list
of all available properties. For students, we will focus on homes near the college and/or university.
How It Works:
Team Miller will send you a FREE
computerized report
listing Properties in your preferred
location and price range. There is no cost for this information. After
receiving our report, you will have an instant advantage over other
buyers in the marketplace.
Please Note:-
To receive this information you must not be working with another real
estate agent. (Team Miller considers it unprofessional, and highly
unethical, to provide such information if you are already working with another agent or
brokerage.)
We regret that requests
submitted without a telephone number for
verification purposes will not be answered.
You owe it to
yourself to apply for this information today. Simply fill out the form
below.
