All Topics / Help Needed! / invest and rent (difference)help

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  • Profile photo of NehalNehal
    Member
    @nehal
    Join Date: 2004
    Post Count: 20

    whatz the difference between rent and invest in a property??

    i always get confused in those words..
    please help

    thanks

    Profile photo of landt64landt64
    Participant
    @landt64
    Join Date: 2004
    Post Count: 166

    Hi Nehal,
    if you would like to get some constructive advice then you will have to make your question clear.
    I don’t know what your question was.
    Landt.

    Profile photo of pete rpete r
    Member
    @pete-r
    Join Date: 2004
    Post Count: 80

    Hi Nehal

    I applaud you for your interest at such an early age and for your courage to ask questions. The difficulty you face is that in response to your questions you may get differing views depending on the clarity of your questions, and the opinions and experience of people in the forum. So how do you then make a decision?

    It is better to empower yourself through learning, wisdom and knowledge so that you “learn to fish” rather than rely on others to “feed you” because then you will be able to make informed decisions.

    You probably have lots of study to do but I found the following books very helpful:
    “Rich Dad Poor Dad” by Robert Kiyosaki
    Steve McKnights books

    In reply to your original question I presume that you are asking about the difference between receiving rent from a property you own and investing in property. If that is the case then renting is just one of the many ways that people invest in property. Robert Kiyosaki’s book explains investing.

    Good luck and best wishes for your wealth creation programjavascript:insertsmilie(‘[grad]’)
    Graduated [grad]

    pr

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