The 1st Time Homebuyer Show w/ Gizmo by House Rich
Business:Investing
54: Why you need to make 40x the rent in NY (160k a year) and why this is the same in every city
I break down the number about the viral 40x rent rule in NYC and why this is actually about the same in every city. I also go on a mini rant about living below your means as well and discuss how this is really the same ratio when buying a house.
This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.
Home Buyer Education Email: hello@houserichshow.com
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