Apartment Association of Metropolitan Pittsburgh ’s Post

🏘️ Looking for an apartment to rent in New York is no joke, with the average rental price of a studio in Manhattan weighing in at $3,343. Though the general rule states that one shouldn’t spend more than 30% of their income on rent, half of all renters in the U.S. do — and with these prices, it’s easy to understand why. Brent Weiss, CFP®, ChFC® of Facet spoke with Francesca Maglione about her personal experience with this conundrum, and noted that while the 30% rule can offer a strong guideline, it may not work for everyone. In his words, “Think about your monthly cash flow as having different levers – housing, transportation, food, health care, entertainment, etc. and you get to decide how to pull those levers in support of the life that you want. What we have to keep in mind is how one lever will impact the others.” Keep reading his insights and Francesca's story on Bloomberg: #rent #financialplanning #budgeting #personalfinance https://lnkd.in/g9pqpKFu

New Meta‐Study Details the Distortive Effects of Rent Control Different forms of rent control have slightly different consequences. https://buff.ly/45mMPjb

For us, commoners, red-blood blokes with no pedigree, I really don't see a better way to force-enhance your wealth than actively owning and managing your Real Estate. It's a part-time job all right, which is why I handed it all off to my wife, but with a right deal, numbers just make sense. We took over a Mobile Home Park in: Jan 2023 27K in rents June 2024 42K in rents That is $180K in pure extra profit per year increase (accounts for improved expenses and operations), which means - increase in sales price of $2M (at 9% cap rate). Wife owns 60% - so we are talking $1.2milion in value. Seriously - how can an average Joe in the USA do better than actively owning Real Estate? Plus, this Park also throws off losses on paper, so my salary's taxes are going down (think about it as a 20% promotion). Now you see why I like USA so much 😁 #mobilehomeparks #realestate #investing

Wondering why your landlord grins ear to ear? Every $1,500 rent you pay adds a cool $140,000 to their wealth plus tax benefits! 😄💰 How about turning the tables? Owning property lets you build wealth too. Time to be your own landlord! 🏡🔑 Reach out today to make 2024 the year you flip the script on homeowning.

Cost of Waiting Still Think your Rent is too high? When you look at these numbers, you'll see that renters lose an average of $377 a day to equity gain in Santa Clara County. That's $137,736 a year $688,681 over the last five years! If you think that's bad, look at Cupertino! We get it, renters are struggling to get into the market because of competition, but it is still evident that you are missing out by not owning a home. The next question is- will the market crash and if it does, how are you positioned to buy? If you want to learn more, let's chat. Feel free to watch my daily live @siliconvalleyliving

Cost of Waiting Still Think your Rent is too high? When you look at these numbers, you'll see that renters lose an average of $377 a day to equity gain in Santa Clara County. That's $137,736 a year $688,681 over the last five years! If you think that's bad, look at Cupertino! We get it, renters are struggling to get into the market because of competition, but it is still evident that you are missing out by not owning a home. The next question is- will the market crash and if it does, how are you positioned to buy? If you want to learn more, let's chat. Feel free to watch my daily live @siliconvalleyliving

Cost of Waiting Still Think your Rent is too high? When you look at these numbers, you'll see that renters lose an average of $377 a day to equity gain in Santa Clara County. That's $137,736 a year $688,681 over the last five years! If you think that's bad, look at Cupertino! We get it, renters are struggling to get into the market because of competition, but it is still evident that you are missing out by not owning a home. The next question is- will the market crash and if it does, how are you positioned to buy? If you want to learn more, let's chat. Feel free to watch my daily live @siliconvalleyliving

Cost of Waiting Still Think your Rent is too high? When you look at these numbers, you'll see that renters lose an average of $377 a day to equity gain in Santa Clara County. That's $137,736 a year $688,681 over the last five years! If you think that's bad, look at Cupertino! We get it, renters are struggling to get into the market because of competition, but it is still evident that you are missing out by not owning a home. The next question is- will the market crash and if it does, how are you positioned to buy? If you want to learn more, let's chat. Feel free to watch my daily live @siliconvalleyliving

Cost of Waiting Still Think your Rent is too high? When you look at these numbers, you'll see that renters lose an average of $377 a day to equity gain in Santa Clara County. That's $137,736 a year $688,681 over the last five years! If you think that's bad, look at Cupertino! We get it, renters are struggling to get into the market because of competition, but it is still evident that you are missing out by not owning a home. The next question is- will the market crash and if it does, how are you positioned to buy? If you want to learn more, let's chat. Feel free to watch my daily live @siliconvalleyliving

Cost of Waiting Still Think your Rent is too high? When you look at these numbers, you'll see that renters lose an average of $377 a day to equity gain in Santa Clara County. That's $137,736 a year $688,681 over the last five years! If you think that's bad, look at Cupertino! We get it, renters are struggling to get into the market because of competition, but it is still evident that you are missing out by not owning a home. The next question is- will the market crash and if it does, how are you positioned to buy? If you want to learn more, let's chat. Feel free to watch my daily live @siliconvalleyliving