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Old 04-29-2008, 06:29 AM   #12 of 70
todbnla
Todd B.
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Location: 39433, USA
Join Date: Oct 1999
Local Time: 05:43 PM
Local Date: 09-07-2008
Posts: 2,287

Re: Is now the time to buy a home or wait it out?


Quote:
Originally Posted by KurtEP
That said, if you need a house, buy one. If you want an investment, buy a rental property.
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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