REAL ESTATE INVESTING FOR BEGINNERS: RENT VS BUY | Is Renting better? | Real Estate 101 Philippines

If you’re planning to move out, you might be wondering, should I buy or rent? Today, we’re gonna discuss the pros and cons of each.

Dealing with personal finances, especially since it’s not taught in school can be quite hard and confusing. I hope this video and this channel will help you out in the challenges we are facing right now with personal finance, entrepreneurship and adulting in general.

►Outline :
0:00 - Intro
0:16 - Start of Video
1:08 - Outline
1:46 - Pros & Cons
4:07 - Unrecoverable Cost
5:10 - The 6% Rule
7:46 - Sample computations
7:54 - Price-to-Rent Ratio
9:00 - 6% Rule
9:42 - How Much can you afford?
9:48 - How Much can you afford: 28%
10:09 - How Much can you afford: 3X
10:27 - How Much can you afford: 30%
10:43 - Who should Buy
11:24 - Who should Rent
12:03 - Final thoughts

►Sources/Links
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[email protected]
► RA 13-99 - https://www.bir.gov.ph/images/bir_fil...
► 5% Rule - https://themakingofamillionaire.com/t...
► https://filipinohomes.com/blog/find-h...

► Previous Videos :
REAL ESTATE 101: Home Loans? ►    • REAL ESTATE INVESTING FOR BEGINNERS: Shoul...  
PASALO CONDO BUYING EXPERIENCE ►    • CONDO BUYING EXPERIENCE: Step-by-Step | RE...  
CONDO VS HOUSE & LOT ►    • CONDO vs HOUSE & LOT PHILIPPINES | Which o...  
CREDIT CARD 101 : What you need to know ►    • CREDIT CARD FOR BEGINNERS | CREDIT CARD 10...  
INVEST IN US STOCKS (GOTRADE) ►    • Buy Apple, Google, Tesla Stocks for P50 | ...  

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► Music Credit: DJ Quads
Track Name: “IT’S NEAR”
Music by: Dj Quads @   / aka-dj-quads  
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Disclaimer:
This video and description contains affiliate links where I may or may not receive a commission. This helps support the channel and allows me to continue to make videos such as this. I am not a financial advisor. Always do your due diligence.

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