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Rent vs Buy in Tucson : Real Estate Advice

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Activity 1
Thu May 23, 2013
Mack McCoy answered:
Nobody knows, Mijeninaz. The future is uncertain, which gives some of us reason to hope and others reason to despair!

Personally, I think this is a buyer's market, and so, I9;d rather be buying than selling. I'd also rather be holding rather than selling.

It seems to me that you're trying to avoid paying someone $14,000 to buy the place when you can rent it out and only have it cost you $250 a month plus a month's rent every year or so between tenants.

Then, again, I don't know anything about Tuscon except that Linda Ronstadt grew up there.

All the best,
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