by Cecile Cinco
There are several reasons WHY you would want to buy real estate:
- you are renting (consider your monthly amortizations as your rent and you get a property by the end of your housing loan as opposed to getting a pile of rental receipts, besides, you don’t have control over the house you are renting, whether for renovation or length of stay)
- you are living with in-laws (having two kings and/or two queens ruling in the same house can be fatal to a good relationship)
- you are preparing for marriage and are making sure you have your own house so you won’t be living with in-laws or renting
- inheritance for your children
- earning avenue (commercial real estate is one of the best investment moves you can take, living you a residual income)
What moves you to invest on real estate?
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