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IT IS A GREAT TIME TO RENT

Jan. 20, 2009
Categorized in: Market News

Here on Pine Island, rentals have always been a popular way to enjoy paradise.  As the economy turned, however, they became more and more popular. 

 

It’s no wonder either, who wouldn’t want to miss out on the incredibly low prices homes and condos are now selling for?  Just think what a pain it would be to have to buy a home at prices so low that they have not been seen since the beginning of this century.  And then you have to turn around and get money back from a hot rental market too!!!  This sounds like a royal pain to me.

 

My suggestion is to avoid the hassle and keep renting.  With this strategy you will be ready to buy when the market recovers and will have peace of mind knowing that you paid top dollar for your home.  The rental market, as I mentioned before, is good even in a booming economy which ensures that you will still get some money coming back in. 

 

The money that you receive as a rental is more helpful this way as your accountant can find rental related exemptions on your taxes.  This is great as you paid top dollar for your home and now need all the breaks you can get.

 

Give me a call today to find out about all the rentals I have to offer…

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