Publisher's Synopsis
Real estate stands as one of the most powerful and fundamental wealth-building instruments available to everyone, yet it remains significantly underutilized. This book is written as a guide, based on a series of discoveries made along the journey to attaining sustainable financial stability through Real Estate. Successful homeownership can be easy if you plan it out right. I will show you the ropes of purchasing your first home like an expert, and leave you feeling empowered to take control of your own future.
Steve Umansky immigrated to the United States in 2002 with nothing to his name. Today he is a proud homeowner and landlord in the Philadelphia area of Pennsylvania inspiring others to take the same leap going from renter, to homeowner, to landlord, and beyond.Comparing the choice between homeownership and renting clarifies the best informed decision to make. When you own your home, you're essentially investing in yourself, whereas renting means you're covering someone else's mortgage. In essence, homeownership puts money back in your pocket each month, while renting feels like a monthly contribution to someone else's financial well-being, in addition to the property's appreciating value which is a gain you won't partake in as a renter.
As a property owner, you not only reap the rewards of property appreciation but also build up valuable ownership equity. After all, we all require a place to live, so why not seize the opportunity to own a piece of the American dream? The benefits of homeownership are plentiful, leaving little room for comparison when considering the many major downsides of renting. The material in this book will show you the bigger picture of property ownership. That way you can draw your own conclusion and make the decisions you know to be best.
