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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bobby is sleepless in seattle who wrote (22713)	8/1/2004 10:21:00 PM
From: Proud Deplorable	Respond to of 306849

<<The quality of the renter might be another issue...>> ;-) trailerparkboys.com Hey, don't miss this Canadian classic now coming to the USA on BBC America

To: bobby is sleepless in seattle who wrote (22713)	8/2/2004 12:44:29 AM
From: Jill	Read Replies (1) \| Respond to of 306849

That's another good point. In considering bidding on this condo in Santa Fe (I'm ambivalent), the homeowner's association woman said bluntly, yes you can rent a 2BR here for $1000 but you'll get a lot of churning, or you'll get a couple of young people in there sharing and partying. For a good longterm tenant she suggested the $850 range. And from what I've seen from the classifieds, she's right. So you have to trade off, if you're managing something from a distance, the stress of constantly advertising and getting new tenants versus cheaper rent and someone who will stay for a while and take care of the place.