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To: Victor Lazlo who wrote (141744)4/22/2002 11:46:08 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
victor, good points. we rent a condo and it has been great the last few years. we've had bad tenants before, though, and that is a nightmare :-0

renting a house is different, though. i suspect the turnover would be higher than the condo. with modest homes going for $360k (and rising $3k per month like clockwork), though, maybe not - IF the rent is priced right. i could do that b/c i only paid about 60% of that and my mortgage isn't that big.

also, the location is perfect for a working stiff with just a little too much money ;-)



To: Victor Lazlo who wrote (141744)4/22/2002 11:47:22 AM
From: Alomex  Read Replies (1) | Respond to of 164684
 
Skeeter it's very difficult to be a long-distance landlord.

I echo that sentiment, having been a long-distance landlord for a while: the experience was horrifying.

If it was me I would sell the SD house and purchase two houses in Oregon (if the rental market justifies it), one for rent the other to live in....


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