Shownotes
In this episode, John and Kyle plunge into the perennial quandary faced by homeowners: whether to rent out or sell their property. As the real estate market continues to shift, listeners are offered a timely reevaluation of this critical decision. This episode promises to be an indispensable guide for anyone standing at this crossroads.
Key Takeaways:
- Renting out your property can be significant step in wealth-building and retirement planning, especially if your current mortgage rate is below the market average.
- The choice to rent or sell comes down to personal circumstances and whether one feels equipped to take on the responsibilities of being a landlord.
- Military personnel can strategically use home purchases and rentals as a means to build an investment portfolio while serving.
Quotes:
- "If you don't need the money, then you should rent." - John
- "Most of us are very short-sighted and we think about what we want now, and we don't think about the future until the future hits us in the face." - John
- "You ask yourself this every time you move, and you always answer with rent. In 30 years, you'll have a whole bunch of properties." - Kyle
You can listen into We Are TPM on any major podcast platform including Apple Podcasts, Google Play, Spotify, and many more.
Tune in today!
We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
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There are a vast amount of ways in today's world to build wealth using real estate and investing, not just in property, but in yourself.
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of Teixeira Property Management bring you all of the knowledge and experience they can provide for the confidence to achieve your investment goals, or how and why to create them. Now, while John and Kyle have a ton to share, they will also be bringing you interviews with some of their clients, industry partners, experienced investors, and much more every week!