View Single Post
Old 08-04-2010, 10:18 AM   #10
Maximo
♥ Maximo and Teddy
Donating Member
 
Maximo's Avatar
 
Join Date: Jun 2009
Location: Northern Virginia
Posts: 25,047
Default

Quote:
Originally Posted by Nancy1999 View Post
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.
Pray that Congress does not eliminate the mortgage interest deduction.
Maximo is offline   Reply With Quote
Welcome Guest!
Not Registered?

Join today and remove this ad!