YFP Real Estate Investing 132: Rent vs Buy: Does Buy Still Make Sense?

01/30/25 • 42 min

Tim Ulbrich talks with Nate Hedrick and David Bright as they break down the rent vs. buy dilemma in today’s market, tackling equity, flexibility, financial strategy, and key market insights.

Summary

Tim Ulbrich talks with real estate investors Nate Hedrick, PharmD and David Bright, PharmD as they dive into the rent vs. buy decision in today’s housing market, offering practical insights and real-life experiences. They explore the financial benefits of both options, the role of equity, and the flexibility renting provides. Their discussion highlights the importance of understanding local market dynamics, strategic use of home equity, and aligning decisions with personal and financial goals.

Mentioned on the Show

YFP Real Estate Investing 131: Revisiting Our 2024 Projections and Looking Ahead to 2025
NY Post Article “Here’s how much more a single-family home costs to buy than rent”
Real Estate RPh Concierge Service
NYT Rent vs Buy Calculator
YFP YouTube Channel
Subscribe to the YFP Newsletter
YFP Disclaimer
YFP Real Estate Investing Facebook Group
Nate Hedrick on Instagram
David Bright on Instagram
YFP Real Estate Investing Website
David Bright on LinkedIn
Nate Hedrick on LinkedIn
Tim Ulbrich on LinkedIn
YFP on Instagram
YFP Facebook Group

Tim Ulbrich talks with Nate Hedrick and David Bright as they break down the rent vs. buy dilemma in today’s market, tackling equity, flexibility, financial strategy, and key market insights.

Summary

Mentioned on the Show

YFP Real Estate Investing 131: Revisiting Our 2024 Projections and Looking Ahead to 2025
NY Post Article “Here’s how much more a single-family home costs to buy than rent”
Real Estate RPh Concierge Service
NYT Rent vs Buy Calculator
YFP YouTube Channel
Subscribe to the YFP Newsletter
YFP Disclaimer
YFP Real Estate Investing Facebook Group
Nate Hedrick on Instagram
David Bright on Instagram
YFP Real Estate Investing Website
David Bright on LinkedIn
Nate Hedrick on LinkedIn
Tim Ulbrich on LinkedIn
YFP on Instagram
YFP Facebook Group

Previous Episode

YFP 393: Ask YFP: Growing Your Income & Saving for Kids College Savings

YFP Co-Founders, Tim Ulbrich and Tim Baker answer two listener submitted questions about growing income and saving for your child’s college education.

Summary

In this episode, Tim Ulbrich, PharmD and Tim Baker, CFP tackle two listener submitted questions. Cory from Arizona seeks advice on how pharmacists, in addition to cutting expenses, can increase their income to achieve their financial goals. Amanda from Minnesota, inquires about 529 college savings plans and balancing it with other financial priorities.

Mentioned on the Show

Next Episode

YFP 394: Crafting a Rich Life in Retirement: Insights from David Zgarrick, PhD

Tim Ulbrich, YFP Co-Founder welcomes back David Zgarrick, PhD to share his journey into "preferment," balancing retirement, financial planning, and staying engaged through teaching and consulting.

Summary

In this episode, Tim Ulbrich, YFP Co-Founder, welcomes back David Zgarrick, PhD, as he shares his journey into what he calls the "preferment phase" of life. Dr. Zgarrick opens up about his transition from academia to retirement, the joy of new routines, and the power of early financial planning. He highlights the importance of staying engaged—through consulting, teaching, and meaningful activities—while keeping financial health in check.

About Today's Guest

David P. Zgarrick, PhD, is Professor Emeritus in the School of Pharmacy and Pharmaceutical Sciences at Northeastern University. Prior to his retirement in 2022, his positions included Associate Dean of Faculty at Northeastern’s Bouvé College of Health Sciences, Acting Dean of the Northeastern’s School of Pharmacy and Pharmaceutical Sciences, Chair of the Northeastern’s Department of Pharmacy and Health Systems Sciences; John R. Ellis Distinguished Chair of Pharmacy Practice at Drake University College of Pharmacy and Health Sciences; and Vice-chair of Pharmacy Practice at Midwestern University Chicago College of Pharmacy.

He is a licensed pharmacist, receiving a BS in Pharmacy from the University of Wisconsin - Madison and a MS and PhD in Pharmaceutical Administration from The Ohio State University.

Dr. Zgarrick remains engaged in the profession of pharmacy, consulting with universities and teaching pharmacy practice management and entrepreneurship in the health sciences. His scholarly interests include pharmacy workforce research, pharmacy management and operations, pharmacy education, and development of post-graduate programs.

He has published over 150 peer-reviewed manuscripts and abstracts, was co-editor of the textbook Pharmacy Management: Essentials for All Practice Settings, and authored the book Getting Started as a Pharmacy Faculty Member. He was editor-in-chief of the Journal of Pharmacy Teaching, Executive Associate Editor of Currents in Pharmacy Teaching and Learning, and is an editorial board member of Research in Social and Administrative Pharmacy.

Dr. Zgarrick is active in many professional organizations, including the American Pharmacists Association (APhA) and the American Association of Colleges of Pharmacy (AACP). He served on AACP Board of Directors for twelve years in three different roles, including as Treasurer from 2016-22. Dr. Zgarrick also served on the Board of Visitors for the University of Wisconsin School of Pharmacy, the Board of Grants for the American Foundation for Pharmaceutical Education, and is a Fellow of the American Pharmacists Association.

Mentioned on the Show