UT Reader Asks: Should You Buy If You Are Going to Leave DC and Rent Your Home?
Logan Circle one-bedroom for rent. Courtesy of Nest DC.
In this installment of UrbanTurf Reader Asks, a reader wants to know if it makes sense to buy a unit in central DC when he knows that he will likely leave the city.
I'm considering buying a one-bedroom condo in Dupont. I will likely not stay in DC forever, but I'd like to hold onto the unit indefinitely. I've heard conflicting advice about whether buying a place with the expectation of renting it out from afar is actually a good or viable idea. What do UT readers think? Is anyone doing this successfully?
Readers, what do you think? Post your thoughts in the comments section. If you would like to submit a question for UrbanTurf Reader Asks, send an email to editor2013@urbanturf.com.
See other articles related to: dclofts, renting, renting in dc, urbanturf reader asks
This article originally published at https://dc.urbanturf.com/articles/blog/ut_reader_asks_should_you_buy_if_you_you_are_going_to_leave_dc_and_rent_you/8329.
Most Popular... This Week • Last 30 Days • Ever
A Cathedral Heights condominium—located on Cathedral Avenue—with outstanding buil... read »
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
- Two Bedrooms with Two Balconies on the Market in Amenity-Packed Cathedral Heights Condominium
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro