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Your Financial Pharmacist

Feb 24, 2022

Nate Hedrick, the Real Estate RPh, is back on the show discussing 6 common home buying debates.

Key Points From This Episode

  • An introduction to today’s guest, Nate Hedrick, co-host of the YFP Real Estate Investing Podcast. 
  • Why home-buying decisions are not absolutes, but rather another aspect of the financial plan.
  • How there’s no wrong way to go about financial planning, it just matters what you care about.
  • Some of the pros and cons of 20% and why the most important question is what your capabilities are.
  • Nate’s thoughts on the opportunity cost of money that’s being tied up in low-interest rate debt.
  • Building versus buying and who each option is best suited to.
  • Buying property with and without student loans.
  • Weighing up buying a starter home versus buying a forever home.
  • Why the term ‘forever home’ is a bit of a misnomer.
  • The benefit of having multiple exit strategies.
  • Why renting is not necessarily a terrible financial choice.
  • The unforeseen costs of owning a home. 

Links Mentioned in Today’s Episode