My Secret Formula to Determine Housing Affordability (Financial Freedom, #167) (eBook, ePUB)
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The housing market seems unaffordable to most. However, there are pockets of hidden gem cities that we can potentially go to buy a home.But how do you find these miracle cities? I like to use a method combining Zillow rent and military housing prices.Once you find a place where the military pays "more" than the average rent prices, you use your mortgage calculator.In a perfect world, your mortgage would be much lower than the rent estimate, plus the average military couple could afford the rent.This means the average hard-working couple could afford to rent your house, and you would still earn...
The housing market seems unaffordable to most. However, there are pockets of hidden gem cities that we can potentially go to buy a home.
But how do you find these miracle cities? I like to use a method combining Zillow rent and military housing prices.
Once you find a place where the military pays "more" than the average rent prices, you use your mortgage calculator.
In a perfect world, your mortgage would be much lower than the rent estimate, plus the average military couple could afford the rent.
This means the average hard-working couple could afford to rent your house, and you would still earn positive cash flow. It's exciting, and I have made it work for me. Good Luck.
But how do you find these miracle cities? I like to use a method combining Zillow rent and military housing prices.
Once you find a place where the military pays "more" than the average rent prices, you use your mortgage calculator.
In a perfect world, your mortgage would be much lower than the rent estimate, plus the average military couple could afford the rent.
This means the average hard-working couple could afford to rent your house, and you would still earn positive cash flow. It's exciting, and I have made it work for me. Good Luck.
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