Dec
7
Grandmajini asked:
My home in Tucson has been listed over one month. A business friend suggested the market here might improve in over a year so why not rent it? There are over 8K listings in the Tucson and they are still building. We were hit hard by investors whom homes not lay vacant with some shingles up for over 7 months. I want to move back to Virginia this year. I have a first and second. I could refinance and pull some cash to consolidate and move. However I have been told it is harder to sell a rental than owner occupied when that time comes…I would hire a property manager. How would I do a comparison financially..my husband doesn’t think it would be worth it as a writeoff unless we could affort to buy on the other end? Any info would be appreciated.
rabbit cages
My home in Tucson has been listed over one month. A business friend suggested the market here might improve in over a year so why not rent it? There are over 8K listings in the Tucson and they are still building. We were hit hard by investors whom homes not lay vacant with some shingles up for over 7 months. I want to move back to Virginia this year. I have a first and second. I could refinance and pull some cash to consolidate and move. However I have been told it is harder to sell a rental than owner occupied when that time comes…I would hire a property manager. How would I do a comparison financially..my husband doesn’t think it would be worth it as a writeoff unless we could affort to buy on the other end? Any info would be appreciated.
rabbit cages