Renting vs Buying: A Financial Debate

Don’t buy a house. Oh,
not this house, shithead. No.
Imagine if you didn’t buy a house and all you did was just rent. Okay,
I do that. All that money that you pay every single month,
yeah, one,
you’re making someone else’s rich.
Don’t care. Two,
you’re paying down someone else’s debt.
Don’t care. Three,
after three to five years,
guess what? You don’t even own the house.
You have nothing. Don’t care.
Cause I have a massive portfolio.
You should buy a duplex, a triplex,
or a fourplex. I could do that.
That’s also valid.
I just don’t wanna have to fix other people’s faucets.
I send a text message. Problem solved.
One unit, rent out the rest and have the renter pay down.
You could do that if you factor in all the vacancies,
all the maintenance, all the expenses instead of being the renter.
It’s one way to be rich and make the renter. No,
you can get rich renting too.
I do it. So do many people in New York,
California, lots of places.
Let’s go get this money. Okay, cool. Bye.