Your Financial Pharmacist

YFP 244: 6 Common Home Buying Debates


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Nate Hedrick, the Real Estate RPh, is back on the show discussing 6 common home buying debates.

Key Points From This Episode

  • An introduction to today's guest, Nate Hedrick, co-host of the YFP Real Estate Investing Podcast.
  • Why home-buying decisions are not absolutes, but rather another aspect of the financial plan.
  • How there's no wrong way to go about financial planning, it just matters what you care about.
  • Some of the pros and cons of 20% and why the most important question is what your capabilities are.
  • Nate's thoughts on the opportunity cost of money that's being tied up in low-interest rate debt.
  • Building versus buying and who each option is best suited to.
  • Buying property with and without student loans.
  • Weighing up buying a starter home versus buying a forever home.
  • Why the term 'forever home' is a bit of a misnomer.
  • The benefit of having multiple exit strategies.
  • Why renting is not necessarily a terrible financial choice.
  • The unforeseen costs of owning a home.

Links Mentioned in Today's Episode

  • Real Estate RPh
  • YFP Real Estate Investing Podcast
  • YFP Concierge Service
  • Schedule a Free Call with Nate Hedrick
  • YFP 241: The Top 5 Objections to Investing in Real Estate
  • YFP 193: Building vs Buying a Home: What to Consider
  • Three Strategies for Buying a House with Student Loans
  • YFP 113: Is Your Home an Asset or Liability?
  • Your Financial Pharmacist Disclaimer and Disclosures
...more
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Your Financial PharmacistBy Tim Ulbrich and Tim Baker

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