If the monthly rent is $2,000, that totals $24,000 per year. To determine the rent ratio, divide $400,000 by $24,000. This calculation results in a rent ratio of 16.7.

You know why you want to invest in a rental property. You envision making passive income, raking in the dough, as your tenants pay you every month. It's a smart goal, and you certainly can make ...

If you want to join the 100 million Americans who go boating each year, you may be considering whether you should rent or buy ...

Local businesses provide cost-effective alternatives to buying with rental options for clothing, tools and even baby gear.

Currently, 18 percent of Americans say renting is cheaper than owning a home, according to Bankrate’s Home Affordability ...

Buy now, pay later (BNPL) is emerging as a popular payment alternative to credit cards, layaway, and rent-to-own plans. An ...

If buying puts you above that, it makes sense to rent while setting aside money for a bigger down payment. However, you don't have to save up 20% of a home's value to put down when buying it.

While that rental price may seem high, Kowalczuk says it’s actually cheaper than buying. To purchase the apartment, a buyer might need $259,000 for a down payment plus $50,000 for closing costs.

If you’re thinking of buying a home but aren’t sure if it makes sense for you right now, consider these pros and cons of ...

How to decide if you should rent or buy a house. In terms of the amount you spend each month, it's generally cheaper to rent than to own a house. However, ...

A for rent sign is posted on a building in Philadelphia, Tuesday, Jan. 18, 2022. (AP Photo/Matt Rourke) “I come home and I’m living in a really nice house, “ Megan said.