In rentvesting, you rent a property where you want to live and invest in a more affordable property elsewhere. This can be a useful approach for buyers who can’t afford to buy near their place of employment or who don’t want to buy into an overextended market. As many large cities become unaffordable, suburbs become more attractive. The rent you receive will help to offset the rent you pay. Some people who started rentvesting kept going and own multiple apartments while still renting themselves. Rentvesting is a trend among younger professionals.
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