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How Much House Can You Afford on $80K a Year?
Manage episode 454486200 series 3270185
In this episode, Kris Krohn breaks down how much house you can afford based on your income, using the 28/36 rule to help guide your decisions. He explains how much of your monthly income should go toward housing and total debt to avoid becoming "house poor," especially in today’s real estate market. Kris also discusses how recent interest rate changes impact affordability and why investing in real estate may offer better financial opportunities than buying a primary home.
1326 에피소드
Manage episode 454486200 series 3270185
In this episode, Kris Krohn breaks down how much house you can afford based on your income, using the 28/36 rule to help guide your decisions. He explains how much of your monthly income should go toward housing and total debt to avoid becoming "house poor," especially in today’s real estate market. Kris also discusses how recent interest rate changes impact affordability and why investing in real estate may offer better financial opportunities than buying a primary home.
1326 에피소드
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1 Retire with Real Estate: Growing Your Nest Egg for a Secure Future 13:53
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1 Unleashing Financial Freedom: The Millionaire Secrets You Need to Know 13:38
1 Real Estate Riches: How to Start Investing with Just $5,000 9:47
1 How a Second Trump Presidency Could Affect the Economy and Real Estate 10:12
1 Is Real Estate Too Expensive to Invest in? Here’s What You Need to Know 7:09
1 Why Investing in Public Real Estate Funds Could Be Your Best Move 8:46
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