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Originally Posted by barb1191
Renting, rather than buying????!!!!! Hardly profitable when you consider the ratio between the high rent tenants pay in TV and your return on investments. Simple logic without crunching the figures would be that the most lucrative path is to have your home mortgage free. If you need money, as I mentioned previously, there's always lucrative plans to liquidate funds in the property.
barb1191
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I must respectfully disagree. While the standard view of renting vs. buying is that any ROI is out the window each month with a rental, this circumstance is different. A few thousand bucks spent on rent for a retiree could yield one heck of a return by allowing the renter to be able to take the time to find the right home, in the right location, at the right price, especially in this market. And there is great value in being able to determine that TV is where you really want to live - and invest.