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E60: Decisions in Real Estate
Manage episode 409982163 series 3559303
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This week John is coming at you 1:1 before taking a short break. He highlights some of his favorite moments from Season 2 and teases The Partner, an upcoming project described as a mix of 'The Apprentice' & 'Shark Tank' with John’s in-your-face personality that is more frequent on his social media. The Partner will be available soon on John Cerasani TV on YouTube.
In this episode John shares his personal journey and insights on the debate between renting and buying a home. Drawing from his own experiences in real estate before and after the recession, including purchasing a large house in Schaumburg, IL, a condo near Cabrini-Green, and a luxury unit in the Trump Tower in Chicago, he challenges the conventional wisdom that buying is always better than renting. John highlights the financial burdens and market risks associated with home ownership, especially in unpredictable markets, and suggests that renting can sometimes offer more freedom and actually make more sense financially.
This is a call to DO THE MATH and reconsider those preconceived notions about real estate investment and personal net worth.
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