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I Thought Getting The House Was The Finish Line, Says A First-Time Buyer, But Now They're Sitting In An Empty Living Room, Completely Broke
Yahoo Finance· 2026-03-24 19:31
If the empty rooms weren't enough, experienced homeowners pointed out something more important: furniture is actually the cheap part.“Drive through [wealthy] neighborhoods before bulk trash day and you can get amazing furniture for free,” another added.“If you live near an expensive university, you can get great stuff on the curb,” one commenter said. “Those kids threw out so much nice stuff they used for 10 months.”Trending: Steve Jobs once worked at Atari. Now the brand that helped launch a tech icon is b ...
'People Should Rent, Bro' Says Real Estate Investor Grant Cardone — 'There's No Real Money In Owning A Single Family Home' Compared To The S&P 500
Yahoo Finance· 2026-03-04 17:31
Core Argument - Grant Cardone argues that renting is often more financially sensible than owning a single-family home in the current market, emphasizing the benefits of income-producing assets over traditional home ownership [4][5]. Group 1: Renting vs. Owning - Cardone suggests that the all-in mortgage payment for a home can reach $3,500 monthly, while the same property might rent for around $2,000, highlighting the financial burden of home ownership [3]. - In the 20 largest cities in America, rent is approximately 50% of the mortgage payment, not accounting for additional costs like property taxes and maintenance [4]. - Cardone emphasizes that owning a single-family home does not yield significant financial returns compared to investing in the S&P 500 or other assets [2][4]. Group 2: Investment Strategies - Cardone promotes the acquisition of income-producing assets in bulk, leveraging operational efficiencies to generate cash flow from multiple units simultaneously [1]. - The article discusses alternative investment strategies such as fractional real estate investing, which allows individuals to invest in rental properties without the responsibilities of being a landlord [6][7][16]. - Platforms like Arrived enable investors to buy fractional shares of rental properties starting at $100, making real estate investing more accessible [16].