Turn Your Fear Of Buying A Home Into Tax Free Wealth | David Bach

将购买房屋的恐惧转化为免税财富 | 大卫·巴克

The Daily Motivation

2026-10-09

7 分钟
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Leave an Amazon Rating or Review for my New York Times Bestselling book, Make Money Easy! Check out the full episode: https://greatness.lnk.to/1988DM David Bach heard a CNBC guest say renting in Brooklyn and investing the difference beats owning. He thinks that math is wrong. Put $20,000 down on a $100,000 home. It grows 10% and you just made $10,000 on $20,000. That's a 50% return. Then the tax piece. Sell your own home after two years and the first $250,000 of profit is tax free. Married, it's $500,000. Bach has done it with a San Francisco home and two in New York. His first place was a complete dump he bought with his best friend. Every dollar went in, with under six months of expenses saved on a commission only job. He called his dad, scared he couldn't make the mortgage. His dad said, “Well, son, nothing will motivate you like that.” His plan is three homes over a lifetime. Rent out two, pay off the third. Can't afford it? Buy anyway and rent rooms to your friends. Sign up for the Greatness newsletter: http://www.greatness.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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  • Hi, my name is Lewis Howes and welcome to the Daily Motivation Show.

  • If you don't own real estate, you don't get in the game building wealth.

  • There was somebody who was on CNBC the other day comparing how, well, they actually used Brooklyn as an example,

  • which is ironic because Zoe lives in Brooklyn.

  • They said, you know, if you rent in Brooklyn, it's $25 a month.

  • It's not, by the way, it's more than that.

  • But if you did, if you rent for $25 a month,

  • he said it would cost you, it could cost you $4,500 to own.

  • And he said, you know, so if you didn't do that, you could save the extra $2,000

  • and you could put it in a diversified portfolio and you could make a better rate of return.

  • And I'm watching this and I'm thinking, no, that's wrong.

  • And here's why it's wrong.