Buying vs Renting a House on H1B/F1 Visa | WATCH THIS BEFORE PURCHASING A HOME!
Purchasing a home is a dream for many but should you buy a house or rent as an H1B or F1 visa holder in the US? Let’s run the numbers to find out which is cheaper and talk about pros and cons of both.
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We use the NY times buy Vs. rent calculator which is one the best resources available online. You can make an informed decision by plugging in your own numbers. Here is the link to it:
https://www.nytimes.com/interactive/2...
A redditor was nice enough to recreate the entire thing in the form of a spreadsheet too:
https://docs.google.com/spreadsheets/...
Visa holders have additional considerations apart from just the financial aspect. The most important one is the length of stay - you can never guarantee that you will stay at the same place for an extended period of time. Being a calculated risk taker will ensure a financially stable and fulfilling life on an H1b visa.
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• INVESTMENT STRATEGIES FOR US VISA HOL...
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DISCLAIMER:
The advice provided in this video is for informational/entertainment purposes only. The creators take no responsibility for any actions or decisions you may take based on the contents of the video. Please consult a professional for strategies related to your specific needs.
DISCLOSURE:
Some of the links in this description are promo links, meaning that I may receive a small commission when you sign up for these services.
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ABOUT US:
We want to share our stories and talk about lessons learned while first moving to America, planning our journey to financial literacy, and adopting best practices into our lives.
As internationals, it was difficult to find relevant resources to understand the aspects of life that were different in a new country. Some of us come from places that treat the path to success as a "competition" and as a result, we shy away from having open conversations about money.
This channel is a comfortable space to have those discussions and help each other out!
#buyorrent #rentvsbuy #h1bbuyinghouse
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