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Is it better to own or rent if you are single?

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SW-User
Rent. I've made a decision that I'll only buy a house if I'm going to settle down.
SinlessOnslaught · 26-30, M
@SW-User You’ll be renting forever then
SW-User
@SinlessOnslaught Good. I don't want to settle down anyway.
tallpowerhouseblonde · 31-35, F
@SW-User You can buy and if it does not work out rent out your house.
SW-User
@tallpowerhouseblonde It's a lot of work. But yeah that's a good investment. I just don't think I'll ever trust strangers with my house though lol.
SinlessOnslaught · 26-30, M
@SW-User My parents rented out a house once and the tenants stole the pipework lol
SW-User
@SinlessOnslaught Lmao RIP pipes
tallpowerhouseblonde · 31-35, F
@SW-User I get that but you then think of it as an investment not a home.Better to receive rent than pay it out.
SW-User
@tallpowerhouseblonde True. But since I'll be renting it out, I'll have to take care of the maintenance and all. I think I'll just sell the house.
tallpowerhouseblonde · 31-35, F
@SW-User You can get a property company to take care of everything for you.I have a rental property and a house we live in.
SW-User
@tallpowerhouseblonde That's convenient. How much does the company charge?
tallpowerhouseblonde · 31-35, F
@SW-User It depends on how much they do for you.A set fee to find and get tenants or they agree to pay an agreed amount to you each month and the tenants money goes to the property company.