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Updated about 9 years ago on . Most recent reply

Nolan Merrill's profile image
Nolan Merrill's profile image
Nolan Merrill
  • from Rockwall, Texas
  • Member since Jan 24, 2015
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Nolan Merrill's profile image
Nolan Merrill's profile image
Nolan Merrill
  • from Rockwall, Texas
  • Member since Jan 24, 2015
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Nolan Merrill
  • Rockwall, TX
4
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23
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General Real Estate Investing

Rent or Own?

Nolan Merrill
  • Rockwall, TX
Posted

Do you rent or own where you live and why? 

What pros and cons for each and does the current market and economy influence your decision?

Just looking for some opinions!

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Logan Allec's profile image
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Logan Allec
  • Accountant
  • from Los Angeles, CA
  • Member since Nov 3, 2014
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Logan Allec's profile image
Logan Allec's profile image
Logan Allec
  • Accountant
  • from Los Angeles, CA
  • Member since Nov 3, 2014
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Logan Allec
  • Accountant
  • Los Angeles, CA
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Logan Allec
  • Accountant
  • Los Angeles, CA
Replied

@Nolan Merrill, I own because I live in a 4-unit property, living in one and renting out the other tree.  Because the tenants cover my mortgage, I basically live for free, which would not be the case if I were renting.

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