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In my last episode of Common Sense Investing, I made the case for why renting a home deserves equal consideration to buying one. Today, I'm going to tell you how a renter can get rich. What do you think would be a sensible reason to buy a home instead of renting? I’d love to hear about it in the comments below! I'm Ben Felix of PWL Capital. I'll be talking a lot about other common sense investing topics in this series, so subscribe and click the bell for updates. *Please note that at 1:03, the mortgage amount is shown as $394,000, while it should show $400,000. Thank you to Dave S for pointing this error out! This error is only in the animation. All of the calculations behind the scenes are unaffected as a $400,000 mortgage is used. The mortgage payment shown, $1,893, is accurate for a $400,000 25 year mortgage at 3%. This is the second part of the series on Renting a Home. Watch the first episode here: https://www.youtube.com/watch?v=UuAZ4M9f_sM ------------------ Visit PWL Capital: https://goo.gl/uPcXg7 PWL Capital Blog Post: https://www.pwlcapital.com/the-case-for-renting-a-home-part-2/ Follow PWL Capital on: - Twitter: https://twitter.com/PWLCapital - Facebook: https://www.facebook.com/PWLCapital - LinkedIN: https://www.linkedin.com/company-beta/105673/ Follow Ben Felix on - Twitter: https://twitter.com/benjaminwfelix - LinkedIn: https://www.linkedin.com/in/benjaminwfelix/ ------------------ Video channel management, content strategy & production by Truly Inc. - Website: http://trulyinc.com - Twitter: https://twitter.com/trulyinc
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