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Old 11-25-2005, 04:15 AM
squiffy squiffy is offline
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Join Date: Sep 2003
Posts: 816
Default Re: Take a Walk in My Shoes

I don't think this is a good time to invest in real estate. The market is quite high, way too high in many places, and interest rates are rising.

And if you are going to buy and manage something yourself, it's better to get something close by, so you can be familiar with the market and visit and maintain and rent out the property on your own.

Getting involved in something out of state is much more risky. You have to find someone else to manage it and you won't be able to easily verify the condition of the property.
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