Re: Scary article on retirement planning.

On 2 Dec 2003 09:17:25 -0800, [EMAIL PROTECTED] (baron48) wrote:

>"Nonymous" <[EMAIL PROTECTED]> wrote in message news:<[EMAIL PROTECTED]>...
>> once a mortgage is paid off, it is still crucial to invest
>> in keeping the house fixed up and even 'up to date'; otherwise, it may start
>> to depreciate which could lead to an ugly situation when the time comes to
>> sell.
>
>Of course.  You pay for these things in a rental, too.  The difference 
>is that if you own it, you can choose what and how things get fixed or 
>updated.

Agreed.  And, when we recently sold our rental there was no line item
on the closing papers for sharing the gain due to that maintenance
with our past tenants, either.  ;-)

Dennis (evil) again (naturally)
-- 
The honest man is the one who realizes that he cannot
consume more, in his lifetime, than he produces.