In this episode, we give you the four main benefits of being a homeowner as a follow up to last week's episode "Tips And Quick Guide For The First-time Home Buyer".

There are a lot of benefits to being a homeowner, specifically in relation to it being a great investment strategy. The four we cover are:

1. You own it- there are no landlords, evictions (unless you have a lien), no random inspections and you can do as you please on your property within state and federal regulations. Do you hate the flooring and the color of the walls? Well, change it!

2. It's a great investment. Real estate is one of the best forms of investing because it is generally a SAFE investment. You can make money through appreciation, renting your house out, you get great tax benefits and if you keep the home forever, it's an estate for your family.

3. Exit Strategies- there are primarily two, and both usually result in a good paycheck for you. A lot of people assume that wherever they buy a house- they are stuck there. However that's not always the case. Unlike renting, you don't have to pay tons of money to break a lease, possibly pay extra for damage fees etc. Instead, you just need to have it rent or sale ready!

4. Lastly as touched on above, it's an estate for your family. You can will it to your children, or your children's children. 

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