When Buying Makes More Sense Than Renting

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  • เผยแพร่เมื่อ 24 พ.ย. 2024

ความคิดเห็น • 41

  • @JenniferBeeston
    @JenniferBeeston  ปีที่แล้ว +1

    Hi!! Here's some timestamps to help with navigating the video! 😁❤👍
    0:00 Intro
    0:35 Commitment to Combat Loss
    3:10 Saves Money Long-Term
    5:00 Void of Long-term Market Trends
    6:00 Don't Pay Your Landlords Mortgage
    7:00 Being A Homeowner Helps You Build Equity
    9:20 Reverse Mortgages
    10:00 It Gives You Options
    11:30 Homeowners Are Happier
    11:40 Master of Your Destiny
    13:40 Homeownership is a possibility
    15:00 Let's Talk About It
    16:00 Information Needs To Be Open-Access
    16:50 Client Stories
    17:25 Let's Get You On the Path
    17:50 NAR Homeowner Study
    18:00 Reach Out and Lets Talk
    18:30 Don't Say No to Yourself
    If you would like to reach out to me and get a game plan on homeownership, you can call me at 707-478-0637 or book an appointment at calendly.com/jennifer-beeston 🌟Hope you're having a nice night everybody! :)

  • @PhoenixEMichelle
    @PhoenixEMichelle 11 หลายเดือนก่อน +9

    I am 53 years old and planning to buy my very first home next year. I got on your calendar and spoke to Sandy a couple of weeks ago, she was super helpful and informative! I even had a few more questions which she answered via email afterwards. This house is my entire retirement plan. I’ve been living in a one bedroom apartment in Los Angeles for 26 years. Looking back I could’ve paid off a house by now but it just was not possible for me in California because of the cost and my stupid debt decisions. I’ve spent the last five years paying it all off and now my job has agreed to let me go 100% remote so I’m moving to a cheaper state, closer to my family. It’s never too late!! Just make a plan, start the process, be consistent, and you will get there!!!

    • @JenniferBeeston
      @JenniferBeeston  11 หลายเดือนก่อน

      I am so excited for you and so glad you have been chatting with Sandy. We will get you home ❤️❤️❤️

    • @JayJay-me8zk
      @JayJay-me8zk 11 หลายเดือนก่อน +5

      I share your story, but single guy here. Lived in California for 25 years and never bought a home because of the crazy cost. Just moved back to homestate of NC to be closer to family and now working with Jenn's team to buy my first (and probably last) home at the tender age of 56. All the best to you!!!

    • @JenniferBeeston
      @JenniferBeeston  11 หลายเดือนก่อน

      ❤️❤️❤️

  • @doratavarez2915
    @doratavarez2915 ปีที่แล้ว +10

    I’m a single mother raised my kids with a lots of obstacles in my life, had to grow in my business and do everything, I thought that owning this home that I now own it took me too many years because I’m in my late 40’s but this is the best time for me to accomplish it, there’s always the way and it’s work to get here but I did and it been such a relief to own it because I feel secured, I always had the dream and I worked for

    • @JenniferBeeston
      @JenniferBeeston  ปีที่แล้ว

      ❤️❤️❤️

    • @aneesahm4301
      @aneesahm4301 11 หลายเดือนก่อน +1

      I’m thinking of buying and I too am in my late 40s. Recently divorced and it will be my first time buying. I feel sad because I helped my ex so much. Could have bought a house a while ago had I been selfish but I wasn’t. I hope I can make it happen for me and my children.

    • @doratavarez2915
      @doratavarez2915 11 หลายเดือนก่อน

      @@aneesahm4301 you will be able to buy your home, many years ago I had a house with my kids father and he took it away from me, years went buy had my children to raise and a business to grow, and after so much I went through and struggled so much, here I am with my house and a full life to live, don’t give up get your self ready do everything you have to do to be in the position to get there, just be positive and don’t look back at what you did or didn’t, focus on what you want and work towards it, have faith in you. God bless, I believe you can.

  • @hangguy209
    @hangguy209 11 หลายเดือนก่อน +5

    I love the "taxes and insurance" argument. Yes, i may pay 500 a month for that whole others pay 5000 a month in rent. My retirement, social security, and pension can pay 500 a month easily. It can't pay 5000 a month easily. People don't think. That's why they're forever renting and cash flow for others.

  • @KINGBOSS08-mmk
    @KINGBOSS08-mmk 2 หลายเดือนก่อน +1

    I love your message at the end. I'll be doing my homework and putting in the work. I'm looking to buy my first home in 2 years. My credit is great although I have some debt I'm working on paying off and then I'll be saving up for my home down payment.

  • @Love4puppies
    @Love4puppies ปีที่แล้ว +3

    I think about that all the time! Even when I think about a house with stairs if there is no primary bedroom on the first floor:) And property taxes, home insurance, HOA tends to go up, and repairs are eventually needed. So if your mortgage is tight now, when you retire it will be tigher if you rely on fixed income alone.
    Making sure you can afford the payment even into retirement:)

    • @s.j.5850
      @s.j.5850 11 หลายเดือนก่อน

      At least you will have equity to tap into if needed, or you can sell when it gets to be too much for you.

    • @Love4puppies
      @Love4puppies 11 หลายเดือนก่อน

      ​@@s.j.5850True. Definitely some benefits!

  • @maiyang1987my
    @maiyang1987my 11 หลายเดือนก่อน +2

    Yes..omg that's how I feel. I feel lenders and homeownership process is such an insider thing. When I reach out through their website, they're quiet. And I always feel like I'm not a potential for them. 😪

    • @JenniferBeeston
      @JenniferBeeston  11 หลายเดือนก่อน

      Need to talk to you as is my team so if you have any questions, please feel free to reach out. You can either grab a spot on the calendar or call me on my cell phone at 707-478-0637.

  • @s.j.5850
    @s.j.5850 11 หลายเดือนก่อน +2

    Great advice as usual Jennifer. All things are possible when you put your (positive) mind to it. The Universe will meet you half way. What you put in is usually what you get back. It make take some time, but that is where faith comes in. How did other people make it? They earned it in some fashion. It's just as simple as you outlined it. Save up the money (make your own coffee & lunch) & pump up your credit score (pay your bills on time).

  • @PrettyPerfect-oc6ji
    @PrettyPerfect-oc6ji 11 หลายเดือนก่อน +1

    I’ve never heard renting versus buying explained like this! after watching this video it’s a no-brainer to invest in a home😅

  • @Milwaukee307
    @Milwaukee307 9 หลายเดือนก่อน +2

    I’m just here for the info and by the end of the video I’m all motivated and ready to fix my entire life lol.

    • @JenniferBeeston
      @JenniferBeeston  9 หลายเดือนก่อน

      I love this for you:) Let's Go!

  • @elanahammer1076
    @elanahammer1076 11 หลายเดือนก่อน +1

    Thank you for your inspiration. 🤔❤🇺🇸

  • @TruckDriver2005
    @TruckDriver2005 5 หลายเดือนก่อน +1

    What about buying a condo or a place where you have monthly HOA fees? Is it better to stay away from those? I actually like the idea of not having to upkeep the yard and not doing some outside maintenance.

    • @JenniferBeeston
      @JenniferBeeston  5 หลายเดือนก่อน +1

      You have zero control over how much HOA fees go up. How comfortable are you with that?

    • @TruckDriver2005
      @TruckDriver2005 5 หลายเดือนก่อน

      ​@@JenniferBeeston I've thought about that too, and I figured it was probably better to avoid it. However, I wanted an expert's opinion. Thank you for taking the time to answer my question. I'm enjoying all of your videos.

  • @downfallparodies1
    @downfallparodies1 ปีที่แล้ว +2

    How often do people make a profit or break even when selling in 2-3 years? Typically, I hear people suggest that you should plan to stay in the house for at least 5 years.

    • @JenniferBeeston
      @JenniferBeeston  ปีที่แล้ว

      It totally depends on where they buy as well as the time period.

  • @Addigalia
    @Addigalia 6 หลายเดือนก่อน +2

    I am 56 and looking to retire in 10yrs. should i purchase a home? Is it too late for me. I currently rent

  • @chefbrooklyn5140
    @chefbrooklyn5140 ปีที่แล้ว +1

    Jenn I have a question, when the county atrrorney drag their feet when it comes to issue a corrective deed what can I do and who can I speak to in order for this issue to resolved.
    Thank you

    • @JenniferBeeston
      @JenniferBeeston  ปีที่แล้ว

      I believe you would need to speak with a real estate attorney

  • @Hcb-jo1gp
    @Hcb-jo1gp ปีที่แล้ว +2

    Dave Ramsey says 15 year fixed not 30. I'm joking Jennifer 😂

  • @BlackUnicornVlogs
    @BlackUnicornVlogs 11 หลายเดือนก่อน +1

    Thank you!! New Sub

  • @IslandA4A
    @IslandA4A 8 หลายเดือนก่อน +1

    I just need help to start.

    • @JenniferBeeston
      @JenniferBeeston  8 หลายเดือนก่อน

      Hop on the calendar and we can chat about where you are as well as where to start calendly.com/jennifer-beeston/preapproval-q-a

  • @SquishyRSX
    @SquishyRSX 11 หลายเดือนก่อน

    What about a cash out refi to buy another house

    • @JenniferBeeston
      @JenniferBeeston  11 หลายเดือนก่อน

      That can make sense but depends on what current rate is. Happy to discuss 707-478-0637

  • @benyosep5640
    @benyosep5640 6 หลายเดือนก่อน

    There is racial discrimination in the mortgage system. Let’s not just ignore that.