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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 22 Jun 2005 14:45:23 -0700 /

Author of the message: info@westwoodblvd.com

Title of the message:
Re: Sell Old House or Keep it as a Rental?

Text of the message:
We are in a similar situation and have been weighing the same thing out
for the past year or so.  We have decided to rent our house out instead
of selling and here's why we decided that:
Our location is so ideal and the city where the house is located is
where we can will always do work of some sort (even if we are living
part-time in another city/state/country).
We figured that we could retire if we sell the house - but then we
could never buy back into the area as it's very expensive as the prices
are so high.
Fortunately, we have a back house which would allow us to only rent out
the main house and then have the back house as our residence when we're
in town.
We would definitly get positive cash flow from our property when all
expenses are factored in and because of the location aren't too worried
about it standing vacant.  For us, the passive income matters most at



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