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    Should I rent or should I buy? Start here!

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    Should I rent or should I buy?

    The age old question, “Should I rent or should I buy?” This debate has been going on for what feels like an eternity and it could leave someone in the market for a house with a whole lot of questions that aren’t so easily answered. One of the biggest benefits of investing in a house is the home mortgage rebate tax. However, there is absolutely no rental tax rebate, therefore, a lot of money is left up for grabs when you decide to rent instead of investing in a home. As a whole, it really is cheaper to have a mortgage than it is to rent in the majority of the countries all over the world. Near-historically low home loan interest rates have a lot to perform with this because they are around 4%. Also, consider that whenever you rent a house, the money is gone and goes into someone else’s pocket. Every month you pay rent. You have a roof over your head, nevertheless, you have accumulated no collateral when you are prepared to move on. When you purchase a property, the amount of money that you put into the house can be an investment towards your future. Realtor.com is forecasting prices will rise around 5% this year alone. So when you decide to move on from the home that you are in, you will leave with the amount of money that you placed into it, instead of walking away with nothing at all, which is the case when you rent. Most of the downsides to buying a house is that you are responsible for maintaining the house. As you maintain and upgrade your house it pays off as it pertains time to market, as this increases the value of the house. In addition, you increase the curb appeal of the property, so you could have more potential buyers. Another benefit of investing in a home rather than renting is that it's your home, you can do with this whatever you wish. Personalize your house by painting it any color, make any additions that your heart desires and that means you make it truly your very own. When you rent, you cannot make substantial adjustments, like renovations or a paint without expressed permission. Here are just a few more perks in becoming a homeowner: As a home owner, there are plenty of things that you are eligible for when it comes to tax deductions such as for example property taxes, and mortgage curiosity on your primary residence as well as the second one. There are limits however the number of taxpayers affected is definitely minuscule.

    When you rent, your hard earned money goes straight into your landlord’s pocket. When you buy a home, you are building equity as you pay off the mortgage.

    When you buy a house you have the potential to earn extra income by renting out your premises, or borrowing against it if the need arises. When it is time to make a decision, buying a house may be the winning choice. When you get a house there is simply too much upside with little downside. Remember to take these things into consideration in a lot of ways buying a home is a lot more than just amounts and tax deductibles. It really is your house, where you will view your kids grow, throw parties, grow old. You will experience all the things that this world has to offer whilst having the ease and comfort of understanding where you will lie your mind down at night. You'll be rewarded with a long time of pride and joy.

    Should I rent or should I buy? Start here!

    2212 SW 23rd St, Minot image
    2212 SW 23rd St, Minot $260,000

    Are you looking for a 4 bedroom 2 bath ranch style home in Green Acres? Look no further! Upon entering you'll be welcomed into the living room with a large picture window...

    • 4 Beds
    • 2 Baths
    • 210681 MLS
    3305 & 3315 4th St Sw, Minot image
    3305 & 3315 4th St Sw, Minot $599,000

    Two buildings with full occupancy ready for you to invest! 3305 Building is 60 X 120 and has 8-30 X 30 units with temporary walls that can be removed to make the desired ...

    • 210680 MLS
    1948 Skyline Drive Nw, Minot image
    1948 Skyline Drive Nw, Minot $225,000

    Are you ready to say yes to this adorable home located in NW Minot? You will find yourself welcomed into the bright and airy living room with lots of natural light thanks...

    • 4 Beds
    • 2 Baths
    • 210679 MLS
    18 30th St Sw, Minot image
    18 30th St Sw, Minot $289,900

    Check out this spacious, move-in ready 5 bedroom (4 + 1 non-egress), 3 bathroom home with 2,960 sq ft of living space located in an established SW neighborhood. The curb ...

    • 4 Beds
    • 3 Baths
    • 210677 MLS
    1701 SE 31st Ave, Minot image
    1701 SE 31st Ave, Minot $695,000

    This Stunning Gem in the ultra-desirable Southeast Woodside Addition is exactly what you are looking for! This rare find is nestled on a cul-de-sac street and rests on ab...

    • 3 Beds
    • 3 Baths
    • 210676 MLS
    2026 Skyline Dr. Nw, Minot image
    2026 Skyline Dr. Nw, Minot $165,000

    Welcome home to this cozy 3 bedroom townhome! This home features two main floor bedrooms, a master suite in the lower level, and a fully fenced yard. Newer windows on the...

    • 3 Beds
    • 1 Baths
    • 210674 MLS
    215 8th St, Minot image
    215 8th St, Minot $123,900

    Great starter home or investment property located in the historic Eastwood Park district! This remodeled 1+ bedroom is ready for its new owner & offers plenty of opportun...

    • 1 Beds
    • 2 Baths
    • 210673 MLS
    915 17th Ave Sw, Minot image
    915 17th Ave Sw, Minot $269,900

    Who says you can't have it all? This turn-key ranch has been tastefully updated for the next homeowner. The ultra-functional kitchen allows for an open concept that flows...

    • 4 Beds
    • 2 Baths
    • 210671 MLS
    1925 24th St. Sw, Minot image
    1925 24th St. Sw, Minot $244,900

    Well cared for 3 bedroom 2 bath home with a 2 stall attached garage in a low traffic neighborhood yet close to shopping and restaurants. This 3 bedroom 2 bathroom sits on...

    • 3 Beds
    • 2 Baths
    • 210665 MLS
    122 SE 6th St, Minot image
    122 SE 6th St, Minot $125,000

    Welcome home! This beautifully renovated home boasts two bedrooms and two full bathrooms. The roof has been replaced, walls repainted, floors redone, trim touched up, ne...

    • 2 Beds
    • 2 Baths
    • 210662 MLS
    1309 NW 7th Ave Nw, Minot image
    1309 NW 7th Ave Nw, Minot $199,995

    Check out this cozy 3 bedroom, 1+ bathroom in NW Minot. On the main level there are 2 bedrooms and full bathroom. The kitchen is a walk thru with a large addition for din...

    • 3 Beds
    • 1 Baths
    • 210660 MLS
    406 11th Ave Ne, Minot image
    406 11th Ave Ne, Minot $199,900

    Welcome home to this quaint 3 bedroom home boasting hints of original charm throughout! The main level consists of an open living room and dining area, beautifully accent...

    • 3 Beds
    • 1 Baths
    • 210659 MLS
    3108 S Broadway, Minot image
    3108 S Broadway, Minot $1,650

    Great location on south Broadway! 1100 sq ft fully built out office space. Four private offices, reception, conference room, kitchenette, 2 baths. Lease rate of $18.00 / ...

    • 210658 MLS
    142 26th St Sw, Minot image
    142 26th St Sw, Minot $289,500

    Looking for a 4 bedroom, 3 bath updated home with a fenced yard and double heated garage? You will appreciate all of the recent upgrades to this great home including the ...

    • 4 Beds
    • 3 Baths
    • 210657 MLS
    517 NE 8th Ave Ne, Minot image
    517 NE 8th Ave Ne, Minot $219,000

    Vintage charm with modern updates! From the outside you'd never guess that you'd find original molding, hardwood floors, hand crafted staircase and tons of new updates! O...

    • 4 Beds
    • 2 Baths
    • 210655 MLS
    1620 Dakota Dr Sw, Minot image
    1620 Dakota Dr Sw, Minot $620,000

    Truly one-of-a-kind home with a beautiful view! This house is enveloped in light and comfort! The main floor boasts gorgeous kitchen with granite countertops and high end...

    • 5 Beds
    • 3 Baths
    • 210649 MLS
    223 SE 9th St, Minot image
    223 SE 9th St, Minot $279,900

    DO YOU LOVE HISTORICAL HOMES AND WANT LOTS OF ROOM. THIS WONDERFUL HOME IN EASTWOOD PARK FILLS THE BILL ON ALL COUNTS. EASTWOOD PARK IS PART OF THE HISTORY OF MINOT, CLOS...

    • 5 Beds
    • 3 Baths
    • 210644 MLS
    522 10th St Ne, Minot image
    522 10th St Ne, Minot $89,900

    Check out this affordable 3 bedroom home located on a fenced lot in NE Minot. This home features spacious living room, large formal dining room, open kitchen w/oak cabine...

    • 3 Beds
    • 1 Baths
    • 210641 MLS
    1616 20th Ave. #303, Minot image
    1616 20th Ave. #303, Minot $86,900

    Beautiful 2 bedroom, 2 bathroom condo! The condo is located near shopping, groceries restaurants and more! Easy access to the bypass and Minot Air Force Base. Call your a...

    • 2 Beds
    • 2 Baths
    • 210640 MLS
    829 10th Ave Nw, Minot image
    829 10th Ave Nw, Minot $174,900

    Charming 3 bedroom (one non-egress), 1 bath, and an oversized 2 stall detached garage! This home is a showstopper from the moment you walk in. The living room has big win...

    • 2 Beds
    • 1 Baths
    • 210631 MLS
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