We own house outright and have purchased another. Do you recommend renting or selling?

Asked by Jenny, West Hempstead, NY Mon Oct 13, 2008

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Lawrence&She…, Agent, Plainview, NY
Wed Oct 15, 2008
Good for you Jenny...Owning a house outright is terrific! Why did you buy the second house? Did you buy it as an investment? If so, then keep it for a while until the market starts climbing up again. If you need any assistance in renting or selling, you can contact us at our email: longislandrealtors@gmail.com
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Gina Lollo, Agent, Setauket, NY
Tue Oct 14, 2008
I would have to agree, If you do not have to sell it now, hang on to it until things get better. Good Luck. If you need any assistance, please let me know.
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Gail Gladsto…, Agent, 11743, NY
Mon Oct 13, 2008
If you can handle a second mortgage should the house not rent out immediately, I totally recommend renting out the 2nd property and selling it when the market improves.

Need property management services? I can provide them..
Web Reference:  http://GailGladstone.com
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