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Market Conditions in 91205 : Real Estate Advice

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Wed Aug 20, 2008
Keith Sorem answered:
Katie
It is a fairly good rental market right now. Many people are "in the market" to rent because they either cannot afford to buy, or they used to own, but now they have to rent.

I encourage you to consult with a local Realtor and a tax professional about the pros and cons of renting. We have owned rental property for years and it is important to know in advance what your options might be at the conclusion of the rental period (say, if you decide to move back in, or perhaps sell).

Having been through this the hard way, trust me, it is better to ask questions and get as much advice as possible BEFORE you move forward.

Keith
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