OPERATIONS
Be Your Own Housing A ordabili Advocate EDUCATE YOUR YOURSELF AND YOUR CLIENTS TO DECREASE EXPENSES AND ACHIEVE HOUSING GOALS.
JEFF ROTH
A lthough housing affordability is an issue across the country, there are solutions. Here are seven questions to help you make housing more affordable for you and your clients: 1. CAN YOU CHANGE WHERE YOU LIVE? 2. DO YOU BUY OR RENT? 3. CAN YOU DISPUTE YOUR PROPERTY TAXES? 4. CAN YOU SHOP AROUND YOUR PROPERTY INSURANCE? 5. CAN YOU RENT OUT PART OF YOUR PROPERTY?
6. CAN YOU MAKE YOUR PROPERTY MORE ENERGY EFFICIENT? 7. DOES IT MAKE SENSE TO DOWNSIZE? Likely, there is one thing on this list you can act on today to make housing costs more affordable. Let’s look at each item in more detail.
for the region’s relatively affordable cost of living and quality of life as well as a good return on investment for real estate investors. So, if you can change your location, many times you can improve your housing affordability. 2. DOES IT MAKE MORE SENSE TO RENT THAN TO OWN? In many parts of the country, renting is cheaper than owning. Renting brings the added benefit of not having a mortgage and greater flexibility and mobility. Although there are certainly benefits for people to own and build
1. CAN YOU CHANGE WHERE YOU LIVE?
Moving elsewhere is not always easy, depending on your life circumstances. Many times, however, there is a location not far away that is more affordable than where you currently live. Places like the Midwest are getting favorable attention
| :: NOVEMBER - DECEMBER 2024
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