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Online course

RENTING OR BUYING: what is best for you?

What you will learn:

If you have been thinking if you could actually buy a property instead of renting (and therefore giving your money away to your landlord), this Masterclass is the perfect match for you. We take a rational approach and look at the financial implications of both options. It will help you decide what is best for you: renting or owning. - Top 3 questions that people who rent have. - How to correctly compare renting and buying. - The cost of renting: real life examples. - Your landlord becomes wealthier but you don’t have an asset. - How many years to you need to work to pay 10 years of rent? Simulations. - If you have 60.000€, what can you achieve when renting? - If you have 60.000€, what can you achieve when buying? - Idem with 100.000€. - How to use financial leverage to increase your wealth. - Why leveraging does not work for other investments (stock market, bonds, funds, etc). - The impact of purchase costs and taxes. - The big misunderstanding: the real cost of a mortgage is not the monthly payback. - 3 Real life examples. The financials from their decision. - Quiz - The Cost of buying. This course addresses a rational comparison between renting and buying. The course is not intended to provide legal advice on renting or buying, which can be contracted separately. Course content created in October 2022. Course not including legal advice regarding the Spanish Housing Act from 2023.




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