In this exciting episode, College Money Habits creator, Obioha Okereke, hosts special guest Brooks Glenn, a Seattle based real estate agent to discuss the big debate between renting vs buying in today’s real estate market. Brooks is an industry professional with over 12 years of industry experience.
During the episode, Obi and Brooks talk about their experiences in the real estate market and the advantages and disadvantages of buying vs renting.
Do you have real estate questions and are interested in getting in touch with Brooks?
Email: Brooks@KinzelEidsonTeam.com
Website: https://kinzeleidsonteam.com
Main Phone: (206) 981-7845
Office Phone: (206) 546-3731
Timestamps:
(00:00:00) – Introduction
(00:02:00) – Advantages of Buying Real Estate
(00:05:45) – Dominion Over Space
(00:08:13) – The Biggest Challenges to Home Ownership
(00:12:00) – How to get in touch with Brooks
(00:13:24) – Loan Options When Buying Real Estate and the Cost of Home Ownership
(00:19:59) – Advantages of New Construction Communities
(00:28:00) – The Big Debate: Is It Better to Buy, or Rent?
(00:36:39) – The Advantages of Renting
(00:42:25) – Obi's personal dilemma and his plans to move
(00:49:45) – Brooks chats about why he doesn’t own real estate!
(00:56:14) – Don't Compare Yourself To Social Media
(00:59:25) – Advice to Aspiring Homeowners
(01:05:34) - Why buy real estate given current interest rates?
(01:10:11) – Misconceptions About Renting
(01:11:22) – Brooks sister's experience buying a home at 50
(01:12:16) – Your First Home, Is NOT Your Last Home
(01:13:55) – How to avoid becoming “House Poor”
(01:17:02) - Your First Home, Is NOT Your Last Home Continued
(01:18:34) – One of the biggest mistakes of first time homebuyers
(01:20:28) – Advantages of Building Your Own House
(01:24:11) – Conclusion