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
DC's homebuyer assistance programs can be a bit complex. This edition of First-Timer ... read »
When it comes to financing a home purchase, a 30-year mortgage is one of the most com... read »
Pocket listings are growing in popularity in the low-inventory market in the DC regio... read »
Plans for the development at a prominent DC intersection began nearly eight years ago... read »
The eight-bedroom, 35,000 square-foot home in McLean originally hit the market in 202... read »
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