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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?
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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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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.