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Personal Finances / Buying or Selling a Home
|Subject: Re: Purchasing Real Estate Abroad||Date: 2/5/2013 4:03 PM|
|Author: foo1bar||Number: 124670 of 127679|
I have expressed caution to my relatives - we don't want to buy a money pit or a lemon just because it's nostalgic....
What would you do with the property? Rent it?
Is it a house, or just land?
If it's a house, and you'd rent it, do you really want to be a landlord for someone halfway across the globe?
If it's land, I think renting the land to the adjacent farmer is much less problematic.
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