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Originally Posted by Nancy1999  The market is awesome right now, so that means NOW is a great time to buy. You visit three times a year anyway, and you'll save on hotel bills. Lot's of tax right-offs and there are companies that will rent your place and handle all the problems, if that's what you choose to do. I would look at home as an investment and tell a realtor your plans. Maybe even a condo in a great area is a better choice. They are very easy to rent. To me, this would be just another way to save money, because home investment and land investment are great investments! Investing in a real estate is not the same as buying a car, which goes down in value as soon as you drive it off the lot. Remember the three rules of real estate when you are looking for investment potential, (1.) location (2.) location (3.) location. |
I agree with Nancy 100%, especially about the condo...not so many maintenance worries while you are not there. How lucky you are to be faced with such a decision. Good luck in whatever you decide
P.S. I too am frugal, mostly by force not choice. My 2 kids don't ever leave much money left over for ME
