Tuesday, August 10, 2010

I don't understand

I'm getting ready to move into a new rental unit. I'm painting. I'm happy as can be.

And then an opportunity to purchase half a duplex for a pretty darned reasonable price drops into my lap, and I don't know what to do.

Is it a sign? Am I going to stay here long enough to pay off a house, and make it worthwhile?

Help!

3 comments:

  1. Maybe I should buy it and be your slumlord!!!

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  2. How long you're going to stay there isn't as important as what the resale value of the place would be. Renting is simply throwing money away, and in most communities, you're very unlikely to lose money on a house that you get at a good price, but I don't know what the Faro situation is now.

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