Never thought I’d say this - But I will be Renting for a Year!

[Andre O.]

Currently living in South Florida. Love it here but looking to relocate to an area with a younger age demographic. Austin, TX is down 20-30% from peak asking prices and I don’t see it getting better with the current environment signaling higher interest rates to come.

Currently parked some capital in a high yield savings account that is yielding 4.05% returns risk free — FDIC insured up to 1 million! The returns are compounded monthly and payed out monthly, will literally pay for my renting expenses!

Cash buyers: Know you have options to get a pretty decent return that is risk-free! Don’t feel pressured to buy at these prices to interest rates. Just rent for free with your returns and once the price corrects — jump in and capitalize on the opportunity!