Is it your best interest to rent or buy? Find out with this calculator.

According to David Bach, Author of The Automatic Millionaire: "You can't get rich renting. Landlords get rich, and renters stay poor."

"The average homeowner is 31 times richer than the average renter. But even more important than the money is the feeling home ownership gives you. When you own, you have the security that comes from knowing you are building equity and living in a place that belongs to you."

Three Reasons Home ownership is a great investment:

1. You are "purchasing" a house. Some of the money you pay each month actually goes towards paying the house off. Eventually you will OWN your home, and will not have a house payment at all. The sooner you begin paying, the sooner it will be paid off.

2. Tax Savings — Interest you pay on your home (which is most of your payment in the beginning of your Mortgage Loan) is tax deductible. The government helps pay your housing expense.

3. Appreciation — Homes generally appreciate at a rate exceeding inflation. Since 1968, national home appreciation has averaged 6.3%! An excellent investment by most standards, but even more remarkable when you consider the fact that you are using leverage of "other people's money" to yield that return.

If you purchased a home for $100,000 five years ago, at 6.3% appreciation it would now be worth about $135,000.

If you know you will be staying put for 3 years, I would highly recommend purchasing a house. If not, here are a few links to help you find housing in Logan to rent.

Many People neglect to buy because they have Credit Issues. With a conserted effort, Credit can be repaired. If you need help with your credit...run, don't walk, to DoctorCreditUSA!

 

 

Need to find other houses for rent, condos for rent, or apartments for rent in Logan and Cache Valley Utah, try these links:

Rent.com - www.Rent.com

Apartments.com - www.Apartments.com

Cornerstone Real Estate Professionals - Cornerstone Property Management

Herald Journal (Logan's Newspaper) Classified Ads http://hjnews.townnews.com/

Cache Valley Housing http://www.cachevalleyhousing.com

Deer Creek Rental Apartments www.deercreekapts.com

Legacy Village www.apartmentsinlogan.com/legacy_village

Maple Valley Rental Apartments www.maplevalleyapts.com

Rent.com www.rent.com (you can get $100 when you use them)

Student Housing for Utah State University:

If you're looking for student rentals check out the CarolinaTowhhomes and the Riverside Apartments by calling: 435-787-4985- They offer student housing with private bedrooms from $3,100 to $3,300 per year.

For Logan Rentals Student Housing visit trueaggie.com Logan Student Housing for Rent

 

For Rental Property Management Companies that offer a greater selection of Logan houses for rent visit: