💵 $3,411 per month for the average rent. Over $40,000 per year and $400,000 in 10. And with the perpetual shortage in homes and not enough building of affordable homes, there is no end in sight.
Does the math work out for you? There are people who are paying a lot more than that average price with absolutely no benefit except paying the landlord's mortgage. Fantastic for investor owners, no so much for tenants.
There are programs to help first time buyers with down payment assistance and other programs. Contact me to learn more about these programs. Solutions are available if you put your mind to it.
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☀️🌴 Looking to Buy, Sell or Invest in California? ☀️🌴 ➡️ Contact Me Directly Text or call 650-605-3188