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Podcast: Get Rich Education
Episode: Renting vs. Buying Your Home with Kirk Chisholm
Description: #108: Should your rent or own your primary residence? Consider feelings, equity buildup, control, leverage, personal cash flow, mobility, inflation, taxes, liquidity, opportunity cost, sunk costs, and much more. Innovative Advisory Group's Kirk Chisholm joins Keith for the chat. Keith tells you how much his home is worth. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities. Â Listen to this week's show and learn: Â 02:55 Â Your home is not an asset. Â 08:51 Â Why throw away money on rent? Â 12:15 Â Rental "stigma." Â 16:10 Â Liquidity. Â 17:50 Â Sunk costs like furniture, maintenance, amenity obsolescenc...