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Renting vs Buying in Little Rock - Pros & Cons

By
Real Estate Broker/Owner with HomeWay Realty PB00083374

The other day, I was contacted by a young married couple who oddly enough, currently live in the same apartment complex that I did before becoming a homeowner (and Realtor) myself. They explained to me that now that they are married, they are interested in learning more about homeownership and how to get started!

This triggered a thought. Before my rent increased higher than I could pretty much afford, I did not understand the pros and cons of home ownership versus renting. 

There are many reasons why I believe people make the transition from renting to buying a home. With that being said, there are still some situations where renting may make more sense. So let’s get into it – Renting vs. Buying: Pros and Cons of Each.

Jeff Perlis Prime Properties
Prime Properties - Lake Arrowhead, CA
Experience Your Own Transformation!

Welcome to the Rain real estate community.

Congratulations on your first blog post! 

Jun 10, 2018 10:53 PM
Nicole Nark

Thanks Jeff! 

Jun 17, 2018 08:13 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nicole, luckily when rent increases, it does prompt the question of buying.  Great first post, and Welcome to ActiveRain!  

Jun 11, 2018 06:19 AM
Nicole Nark

Thank you so much Joan! 

Jun 17, 2018 08:13 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Hi Nicole,
There are definitely pros and cons to renting vs buying.  Having a professional guide is important in making the final decision.  I'm sure you will guide the married couple to the right decision. 

Jun 11, 2018 08:25 AM
John Pusa
Glendale, CA

Welcome to the ActiveRain community. Congratulations on your first post.

Jun 11, 2018 10:11 AM
Nicole Nark

Thank you John! 

Jun 17, 2018 08:14 AM
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Nicole ~ Welcome into the 'Rain and your first blog post!  Educating first time home buyers on the benefits of home ownership is one of our most important tasks... your easily digestible comparison help spells it out quickly.

Jun 11, 2018 11:22 AM
Nicole Nark

Thank you, AJ! I appreciate the feedback!

Jun 17, 2018 08:14 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

One more thing, Nicole.  If you want your blog posts indexed to the public you will need to upgrade to a Rainmaker account.

Jun 11, 2018 12:23 PM
Nicole Nark

Thank you for this! I have looked into it and will be upgrading shortly! I think this is a really great community and it would be worth it!

Jun 17, 2018 08:15 AM
James Grant
Asheville, NC

Hello, Nicole, Thanks for Sharing your first blog post. Welcome to Active Rain Community. Have a Nice Day!

Jun 11, 2018 07:34 PM
Nicole Nark

Thank you James! 

Jun 17, 2018 08:15 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Nicole Nark, Welcome to Active Rain and congrats on your first blog post. This is a great place to network with some awesome professionals.

Jun 11, 2018 08:37 PM
Nicole Nark

Thank you, Sybil! I am really excited to start networking and meeting professionals all over!

Jun 17, 2018 08:16 AM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Welcome to the Rain real estate community. 

Congratulations on your first blog post! 

Jun 11, 2018 08:57 PM
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Welcome to the ActiveRain and congratulations on your first post!

Jun 12, 2018 07:16 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nicole Nark welcome to ActiveRain and congratulations on successfully posting your first blog on this site.

Jun 13, 2018 11:00 AM
Nicole Nark

Thank you, George! 

Jun 17, 2018 08:17 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Welcome to ActiveRain, Nicole! Glad you jumped right in with a great first post...we look forward to reading more from you!

Jun 16, 2018 12:26 AM
Nicole Nark

Thank you so much, Debe! 

Jun 17, 2018 08:17 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
All the best of success to you.
Bob

Aug 13, 2018 10:45 PM