04-29-2008, 06:29 AM
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#12 of 70
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Todd B.
Member
Location: 39433, USA
Join Date: Oct 1999
Local Time: 05:43 PM
Local Date: 09-07-2008
Posts: 2,287
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Re: Is now the time to buy a home or wait it out?
Quote:
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Originally Posted by KurtEP
That said, if you need a house, buy one. If you want an investment, buy a rental property.
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The home I live in now is my rental/investment home, its a duplex, we plan to rent it out to subsidize our new home, one kid leaves for college in a few weeks, other kid has already been there. In our home buying history of 6 houses, we have always walked away with a nice return but things were never in this condition as they are now.
Regards,
Todd 
My Blue-Ray & SD DVD's
Current HT setup:
Vizio P50HDTV20A 50" Plasma, Pioneer VSX1015TX 7.1, Motorola DCH6416 DVR, Panasonic DMP-BD10 Blu-Ray,
SVS 2531PCi sub, Polk R30 mains, Polk CS125 center, Polk R15 x4 rears
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