So who is David Bach you ask? He’s a self-made millionaire who has written 9 consecutive 𝘕𝘦𝘸 𝘠𝘰𝘳𝘬 𝘛𝘪𝘮𝘦𝘴 bestsellers. His book, 𝘛𝘩𝘦 𝘈𝘶𝘵𝘰𝘮𝘢𝘵𝘪𝘤 𝘔𝘪𝘭𝘭𝘪𝘰𝘯𝘢𝘪𝘳𝘦, spent 31 weeks on the 𝘕𝘦𝘸 𝘠𝘰𝘳𝘬 𝘛𝘪𝘮𝘦𝘴 bestseller list. He is one of the only business authors in history to have 4 books simultaneously on the 𝘕𝘦𝘸 𝘠𝘰𝘳𝘬 𝘛𝘪𝘮𝘦𝘴, 𝘞𝘢𝘭𝘭 𝘚𝘵𝘳𝘦𝘦𝘵 𝘑𝘰𝘶𝘳𝘯𝘢𝘭, 𝘉𝘶𝘴𝘪𝘯𝘦𝘴𝘴𝘞𝘦𝘦𝘬, and 𝘜𝘚𝘈 𝘛𝘰𝘥𝘢𝘺 bestseller lists. Here are a few other things he says:
“Buying a home is an escalator to wealth. Young adults in particular aren’t hopping on this escalator, and it’s a costly mistake…If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none.”
“Start by crunching the numbers…actually do the math…This way, you’re really clear on your goals and you won’t just say to yourself, ‘I’ll never afford this!’ A good rule of thumb is to make sure your total monthly housing payment doesn’t consume more than 30 percent of your take-home pay.”
Bottom line, let’s at least have a conversation about this and let us help you crunch the numbers. Your Realtor Matters.