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Is leasing your house a good idea?

Renting Your Home Could Provide Monthly Cash Flow Plus, the market value of the home continues to increase over time. If the house is in good condition, in a favorable rental location, and you have adequate cash reserves, renting could be a wise decision.

Why was the Presidio closed?

In 1989, as the Cold War drew to an end, the Base Realignment and Closure Commission deemed the Presidio to be excess to the militarys needs. The U.S. Army left in 1994 and, as anticipated, the Presidio was turned over to the National Park Service.

Is it better to lease or own a house?

There is no definitive answer as to whether renting or owning a home is better. The answer depends on your own personal situationyour finances, lifestyle, and personal goals. You need to weigh out the benefits and the costs of each based on your income, savings, and how you live.

Is leasing a home a good idea?

The house may not sell, or it may sell for much less than it is worth, depending on the economic conditions and the homes marketability. If you know youll be in an area for less than five years, leasing is more cost-effective than buying. And leasing a home allows you to come and go as needed.

Is the Presidio still a military base?

California is now part of the United States, and the Presidio is an Army base.

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