I don't know exactly how long I'll be up there for beeps/squeaks and the actual Prowler RAG...I'm guessing 1-1.5 years?
I'm debating whether I should rent or buy up there, since unlike my USN counterparts, I'll be heading to Cherry Point upon completion. Does anyone have any insight as to how likely I am to generate positive cashflow through rental after I leave? what's the housing market around Whidbey looking like these days?
are there any drawbacks (assuming that you can break even or make money with renting), other than the potential headache of being dependant on a property manager from all the way across the country (or more)? any recommendations for property managers?
I'm tired of renting. It's so dumb from an investment point of view in the long term, not to mention the tax impact. I just don't know if this is a good buying opportunity, or if I should just wait and start accumulating real estate when I get to Cherry Point.
I'm debating whether I should rent or buy up there, since unlike my USN counterparts, I'll be heading to Cherry Point upon completion. Does anyone have any insight as to how likely I am to generate positive cashflow through rental after I leave? what's the housing market around Whidbey looking like these days?
are there any drawbacks (assuming that you can break even or make money with renting), other than the potential headache of being dependant on a property manager from all the way across the country (or more)? any recommendations for property managers?
I'm tired of renting. It's so dumb from an investment point of view in the long term, not to mention the tax impact. I just don't know if this is a good buying opportunity, or if I should just wait and start accumulating real estate when I get to Cherry Point.