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MONEY MYTHS:
RENTING IS JUST
FLUSHING YOUR MONEY
DOWN THE DRAIN
Money Tips,
Tricks &
Tactics #27
TODAY'S
AGENDA
TODAY'S
AGENDA
Is it true?
1
TODAY'S
AGENDA
Is it true?
1
The facts
2
TODAY'S
AGENDA
Is it true?
1
The facts
2
The problem
3
TODAY'S
AGENDA
Is it true?
1
The facts
2
The problem
3
What next
4
IS IT TRUE?
No, it's not true.
Renting is not flushing money down the
drain, despite many people beliefs, just
so long as...
Whilst renting your saving up to buy an
investment property, which can pay you
instead. Something which most people
who buy a home to live in, never get
around to actually doing...
UK population is approx 68
million
THE FACTS
Did you know?
According to (property118) there are approx 2.6
million landlords, from a UK population of
approx 68 million, which is only 3.8%.
According to (Gov.uk) 52% of landlords
purchased their first property with the
intention of renting it out.
Over a third (35%) bought their first property to
initially live in themselves.
Few landlords acquired their first rental
property through inheritance (7%) or as a gift
(1%).
1
Approx 2.6 million landlords (3.8%)
2
52% of landlords purchased
their first property to rent out
3
Make your first property
purchase an asset, not a
liability!
THE PROBLEM
A lot of people get sucked into the idea
of owning their first home, to live in. And
then spend years saving for the deposit.
THE PROBLEM
But once they get their first home, they
struggle to afford to save up again for
another one, so they don't ever get
around to doing it!
WHAT NEXT
So here's what to do next, now that we
are clear regarding the money myth...
WHAT NEXT
Get on the property ladder, but as
a landlord first!
1
So here's what to do next, now that we
are clear regarding the money myth...
WHAT NEXT
Get on the property ladder, but as
a landlord first!
1
So here's what to do next, now that we
are clear regarding the money myth...
Rent a home to live in meanwhile,
get a few under your belt first,
before buying a home to live in.
2
ACTION ITEMS Your action items for today's video are as
follows...
1
ACTION ITEMS Your action items for today's video are as
follows...
1
ONE
Start
saving for
a deposit
ACTION ITEMS Your action items for today's video are as
follows...
1
ONE TWO
Look for your
first
investment
property
Start
saving for
a deposit
LIKE,
SUBSCRIBE
& SHARE
Leave a
comment below
& I'll give you my
2 cents...

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  • 1. MONEY MYTHS: RENTING IS JUST FLUSHING YOUR MONEY DOWN THE DRAIN Money Tips, Tricks & Tactics #27
  • 5. TODAY'S AGENDA Is it true? 1 The facts 2 The problem 3
  • 6. TODAY'S AGENDA Is it true? 1 The facts 2 The problem 3 What next 4
  • 7. IS IT TRUE? No, it's not true. Renting is not flushing money down the drain, despite many people beliefs, just so long as... Whilst renting your saving up to buy an investment property, which can pay you instead. Something which most people who buy a home to live in, never get around to actually doing...
  • 8. UK population is approx 68 million THE FACTS Did you know? According to (property118) there are approx 2.6 million landlords, from a UK population of approx 68 million, which is only 3.8%. According to (Gov.uk) 52% of landlords purchased their first property with the intention of renting it out. Over a third (35%) bought their first property to initially live in themselves. Few landlords acquired their first rental property through inheritance (7%) or as a gift (1%). 1 Approx 2.6 million landlords (3.8%) 2 52% of landlords purchased their first property to rent out 3
  • 9. Make your first property purchase an asset, not a liability!
  • 10. THE PROBLEM A lot of people get sucked into the idea of owning their first home, to live in. And then spend years saving for the deposit.
  • 11. THE PROBLEM But once they get their first home, they struggle to afford to save up again for another one, so they don't ever get around to doing it!
  • 12. WHAT NEXT So here's what to do next, now that we are clear regarding the money myth...
  • 13. WHAT NEXT Get on the property ladder, but as a landlord first! 1 So here's what to do next, now that we are clear regarding the money myth...
  • 14. WHAT NEXT Get on the property ladder, but as a landlord first! 1 So here's what to do next, now that we are clear regarding the money myth... Rent a home to live in meanwhile, get a few under your belt first, before buying a home to live in. 2
  • 15. ACTION ITEMS Your action items for today's video are as follows... 1
  • 16. ACTION ITEMS Your action items for today's video are as follows... 1 ONE Start saving for a deposit
  • 17. ACTION ITEMS Your action items for today's video are as follows... 1 ONE TWO Look for your first investment property Start saving for a deposit
  • 18. LIKE, SUBSCRIBE & SHARE Leave a comment below & I'll give you my 2 cents...