My experience might be wholly anecdotal, but I feel like owning a home has helped with the control aspect of my life. When me and the husband moved from our parents' homes in 2019, an apartment in AZ was $1000. Then $1500, then $2000, then $2300. We realized we were playing catch up and it was digging into our time and energy to keep renting. (our original $1200 rent was $2600 when we bought our house and jumped ship for a $1800 mortgage.)
I am a science type, so I feel like the more variables that keep shifting around, the harder it will be to gain any kind of clarity on what your next step should be. It's like shooting a moving target from a moving platform. For us, hopping off the "rental increase cycle" was pivotal for us to STOP focusing so much of our energy on constantly increasing our intrinsic value every 12 months to keep our budget financially sound.
I'm sure this area of Pinal County will explode and blossom in the next 5-10 years, and the value of our home will go up. But value gained aside, we just needed a solid foundation where we could exercise control of as many variables as possible as we climb.
I am a science type, so I feel like the more variables that keep shifting around, the harder it will be to gain any kind of clarity on what your next step should be. It's like shooting a moving target from a moving platform. For us, hopping off the "rental increase cycle" was pivotal for us to STOP focusing so much of our energy on constantly increasing our intrinsic value every 12 months to keep our budget financially sound.
I'm sure this area of Pinal County will explode and blossom in the next 5-10 years, and the value of our home will go up. But value gained aside, we just needed a solid foundation where we could exercise control of as many variables as possible as we climb.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
