#owning vs renting

[brianwilder]

Investment Insights: Why Owning Commercial Real Estate Can Be More Beneficial Than Renting

Investment Insights: Why Owning Commercial Real Estate Can Be More Beneficial Than Renting

In the world of commercial real estate, the decision to own versus rent can significantly impact your financial success and operational stability. Whether you’re a business owner or an investor, understanding the benefits of owning commercial property compared to renting can help you make a more informed decision. Here’s a closer look at why owning commercial real estate often outweighs renting:

Building Equity and Wealth

Owning commercial real estate allows you to build equity and wealth. Each mortgage payment you make contributes to building equity in the property. This equity grows over time as the property appreciates in value and as you pay down the principal balance. Unlike rent payments, which are essentially a cost with no return, owning enables you to build long-term wealth and potentially benefit from the property's increased value.

Predictable Costs

With ownership, you benefit from more predictable costs. When you own a property, your primary expenses include the mortgage, property taxes, insurance, and maintenance. While these costs are relatively stable, rental agreements can include unpredictable rent increases, especially in a competitive market. Ownership allows you to lock in costs and budget more effectively over the long term.

Control Over Your Space

Another significant advantage is the control over your space. Ownership provides greater freedom to customize and renovate the space according to your needs without requiring landlord approval. This flexibility can enhance operational efficiency and create a workspace read more

[nerdy-hyperfixations]

I just want to remind everyone that Wallace is canonically the worse one to sleep in the same bed with.

Scott can be a bad roommate in every other aspect but GUYS Wallace is the one that canonically snores and kicks in his sleep.

Scott sleeps like a princess with his back against the sheet lying perfectly straight (and also taking all the covers) and Wallace sleeps semi-on-his-side and apparently just fucking punting Scott in the leg every so often (not to mention he talked in his sleep too) and I don’t know why this is important to me but it is.

Because when people draw them cuddling in their sleep it’s always Wallace being normal and Scott turning and snoring and shit but you’re missing out on sleepy-cuddly Wallace turning and snoring on Scott. Let that cringe-fail 25 year old be annoying. Istg.

I’m talking to the Mobillace people too btw. Not that I’ve seen anyone draw them cuddling in bed (which is a CRIME btw. Draw that. For me.) but like imagine how funny it would be: Mobile stays the night for the first time and the hot-weirdo is a bed-menace, snoring and kicking and tossing and turning and suction cupping for warmth and Mobile is like “I want him to be my boyfriend” THATS FUNNY! LIKE-

[sillyfudgemonkeys]

Kyoshist did a new video (amazing as always) *W* and it's "which of the 4 love interests (Kavik, Rangi, Katara, Asami) would win in a battle (setting: Lower Ring Ba Sing Se). "

I went ham in the comment section (my own comment I wasn't fighting people, made a thread, god the limited character thing sucks) about why Rangi would win.....but I kinda wanna do it here too (similar style as Hei-Ran vs Atuat).

"Silly, the Rangi glaze is insane" Nooooo she just......the set up is just unfair... FOR THEM! She can hard counter everyone there (based on what we know of her skillset, W/Ls and the other characters stuff). TT0TT Put Rangi against Toph or even Bolin she's either struggling at best or outright losing those. Or even Azula (ironic cause Azula didn't beat Katara, but I really do think Rangi can beat Katara, but Rangi could lose to Azula), or even Hei-Ran in her prime.

Tldr; Rangi can lose, just not to anyone on that list. Certain (kinda unfair, wild, and/or not specified) conditions have to be met for her to lose that. TT0TT

[jackredfieldwasmyjacob]

this really is the piss on the poor website huh

[hopefulsapphic]

i need to live on my own again or i'm gonna start throwing things.

[xxcrystalinerose]

Interrogating myself (/j) on my type of fictional man and it turns out they can be neatly sorted into two categories.

Category #1 is older long-haired men with a melancholic/melodramatic disposition whom I can reliably call "babygirl". Bonus if they're sophisticated and well-spoken. Double bonus if they're not human or monstrous in some way.

Category #2 is Dog.

[dylawas-reblogs]

me: yeah so we haven't had a meeting about it yet, but I asked my coworkers about past interns and why they left; chances are they won't hire me full time at my internship immediately. However, the chances of having it extended are pretty good, and I like what I'm doing, and they're going to be talking about budget in July. Sure my finances are a little tight but--

my sperm donor (only slightly exaggerated): look for a new job immediately and tell them if they won't hire you full time you're leaving. and no, I don't care if you don't find something in your industry and you have to settle for a job that will make you hate being alive even more than you already do. Also I'm going to ignore how long it took you to find this internship to begin with

me:

[scentedluminarysoul]

Like idk the people who are STILL saying that Trump will be better for Palestine than Harris would've been read completely insincere to me

And like they have never even looked into anything for a single second. Never paid attention to anything or even know what politics are

[blogtaculous]

The abundance of “akshuually renting is better than owning” is definitely a psyop. Do not fall for it. Rage that owning a home has been barred from you by corporations and goober influencers.

But the payment—

Your rate is fixed for 30 years, my guy! Your landlord can raise it at any time for literally no reason.

But my property taxes—

That’s already figured into your rent!

But the bank—

Can’t take anything from you if you’re paying? What kind of argument is this?

[mymyproperty]

Rent vs. Own: Busting Myths and Building Your Future

Ever feel stuck in a rent cycle? Each month, a significant chunk of your income disappears into someone else’s pocket, leaving you with no ownership stake. Many people fall into this trap, but there’s a better way! My Story: From Renter to Homeowner For years, I believed in the “work hard, get rich” mentality. Countless jobs later, I was left with little to show for it. The turning point came…

[trinijanjan]

I felt this post in my soul! I spent most of my life working and studying and training to have a career that would afford me the good life. When the time finally came and I stopped renting a cheap apartment and bought a nice house in nice gated community, the cost has made it almost not worth it. I spent the first 3 years broke, despite my high salary and annual bonus. There's mortgage, HOA fee, home insurance, utility bills, home security, a/c, water pump and water heater maintenance schedules, yard/lawn care bill, unexpected repair bills. This year I finally added it all up, cause trust me you never know the true cost of living some place until it settles down into a pattern. I found that I am using about 70% of my take home just to live here. And I'm single and child free. Fuvking hell! Lol

This post doesn’t have a thesis but, it’s an observation I have that cost-of-living does not go up linearly with improvements to life, it multiplies. Sometimes by huge amounts.

Like are you an adult living with your parents who aren’t charging rent? Maybe your costs are just food mostly. Would you like to move out? That’s reasonable. Except now the cost of living is rent (probably 2-4x what your monthly food cost was or more) and all the utilities.

Are you tired of renting and want to own a house? Thats reasonable. Except that costs an entire down payment, and now property tax and mortgage. And if your sink breaks the plumber’s visit is $150, and materials are $150 and cost of labor is $150. And that’s just the sink. If it’s something worse it can be several months’ worth of what used to be your rent budget spent instantly.

Do you own a house that’s a little dated and weathered and would like to do some renovations? That’s reasonable. The kitchen renovation is $30,000. The bathroom renovation is $20,000. Expect “unexpected” costs to build up along the way.

Do you own a house and want to start a family and give them the best life? Thats reasonable. College across 3 kids is going to be bare minimum $500,000. You’d hate to saddle them with all of that debt so you better start saving now. This saving needs to somehow come out of a budget which is now supporting 3 kids’ worth of food, clothes, daycare, school supplies, sports supplies, family vacations (if you’re lucky enough for those), dental work, braces, medical checkups—

[retireyoungtravelsmart]

Expat's Dilemma: Renting vs. Owning for the Semi-Retired Nomad

The allure of a life untethered, where work and wanderlust intertwine, is a dream many of us harbor. But what happens when you already have a piece of paradise, like Dave, our Bali-based member, who’s contemplating a life of 4 months travel, 8 months home? Dave, already semi-retired at 59 with a villa in Bali, enjoys a simple life. He could theoretically rent out his villa and travel…

[radrush]

"corporations shouldn't be able to own residential property!!" okay maybe but like, most of the arguments I see in favor in this kind of regulation fall into the classic progressive/liberal trap of believing that relations inherent to the functioning of capitalism are only bad when boogymen like "big corporations" are engaged in them. It may be true that large corporations have more of an advantage than smaller property owners when it comes to manipulating local housing markets and maximizing returns on their investments, and these are things that frequently lead to evictions and make housing less affordable for renters in general. but it's the exact same behavior that smaller property owners are engaged in because the same incentives exist for both, even if they aren't able to operate with as much expediency as larger organizations. simply restricting the ability of corporations or even LLCs to own residential property seems like a misguided reform attempt to me. Much like congressional term limits, it seems like a policy that may be appealing for political reasons and may have good optics but would do little to address the underlying issues at play and potentially have unintended consequences.

Not to sound like a YIMBY but if we want to address the housing crisis that exists in basically every major metropolitan area in North America and ease the financial burdens that renters are facing (without completing restructuring society), I think we should start with reforming zoning laws to allow for more higher-density and mixed-use development in these areas, pass rent controls to ensure that a reasonable amount of new development will be affordable to people in the lowest income brackets, and invest in public transportation solutions that would support physical accessibility.

[lovingazhomes]

The American Dream

Homeownership Is Still at the Heart of the American Dream Owning your own home is a big deal, and it’s still a major part of the American Dream. It’s more than just having a place to live – it gives you a sense of belonging, stability, and freedom. Many Americans believe in the value of homeownership for a few good reasons. Click Link For Details ~Under $400,000 Keep reading for insightful…

[aiam-maianaise]

Actually I’m gonna go more in depth here. Tags were before I wrote this part.

Even with a basic savings account, the 10million will quickly outsize what the 1k a day is capable of.

1k a day, may as many have said, reach 10million in 27 years.

But the 10million in those 27 years, even from just basic interest, could reach a lot more.

Like this:

I’ll put the interest rate at 3%. Modest conpared to some, but reasonable. It’ll partially account for how interest rates fluctuate form high at 5 to 6% to lows of 1%

Lets say you spend 1 million to get a house, pay off loans, decrease your weekly expenses.

9 million stowed away for interest.

After 1 year, 9 million becomes 9 270 000 (increased by 270 000)

The second year, that becomes 9 548 100 (278 100 increase)

Third year: 9 834 543 (286 443 increase)

Fourth Year: 10 129 579 (295 036.29 increase. Im lazy and ifnrinf the .29 tho)

At least point you have officially recouped the money you spent paying off loans/buying a house or using as simple spending money.

Fifth year: 10 433 466 (303 887 increase)

Sixth Year: 10 746 469 (313 003 increase)

Seventh Year: 11 068 863 (322 394 increase)

Eighth Year: 11 400 928 (332 065)

Ninth Year: 11 742 955 (342 027)

Tenth Year: 12 125 243 (352 288)

Eleventh Year: 12 489 000 (363 757)

And after 11 years the interest alone almost matches the amount you get each year from the 1k a day.

And with each year the bench mark to match the lump sum amount shifts ever farther.

(By 27 years, the lump sum person with a modest interest rate of 3% could potentially have gotten to 20 041 171$. Double the original sum, and double the ‘goal post’)

All this is with a more reserved interest rate. If you had a higher interest rate or were actively investing, this would be rather different. A 5% interest rate would’ve matched and surpassed the rate of 1k a day in the first year at 450 000 a year (not accountjng tax on the interest) even a 4% on 9 million puts you just under at 360 000 per year, meaning the bery next year youve surpassed it.

Additionally, if you are still working a job, you likely have saved additional money due to not having to pay off loans/pay rent or other stuff. Obviously i habe not accounted for that variable.

Any bad marhs is cause a) its 8 am and i havnet slept wheee (also probably did this a harder way than i needed to)

And also maube just me funbling them keys and numbers fjjfjf.

Explain your reasoning plzzz

[aideshou]

How I feel when my neighbor’s TV is at 300% volume ..