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Why Sellers Choose The Cherniss Group - Why home sellers in Playa Vista, Playa del Rey, Marina del Rey and Venice choose The Cherniss Group.
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FSBO - Selling your Playa Vista, Playa del Rey, Marina del Rey and Venice real estate on your own?
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School Reports in Playa Vista, Playa del Rey, Marina del Rey and Venice, California

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Investment Real Estate >Retirement and the Second Home

Buying a second home as rental property makes a great centerpiece to your retirement plan. It forces you to make regular savings in the form of mortgage payments that become your equity.

You only need cash for the down payment, and you should make sure that your monthly rental payments will cover the mortgage and any additional expenses. This is a real possibility if you buy the right house at the right price because a good single-family house should always stay rented. Your investment money is subject to less income tax, and the interest and property taxes may be deductible.

Housing has appreciated in value all over the country in recent years, making a second home an important hedge against inflation. Most experts predict that interest rates for fixed-rate and adjustable mortgages should remain in single digits for the foreseeable future, so it should be easy to acquire financing with a small down payment.

Call an agent with your real estate questions. They have helped hundreds of people to sell their homes and properties--and to purchase the home of their dreams.

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Q	What island in the St. Lawrence River was given away on a television game show in 1964?
A	Price is Right Island was given away by Bill Cullen on "The Price is Right."
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The Cherniss Group, REALTOR®, real estate agent and broker for Playa Vista, Playa del Rey, Marina del Rey and Venice, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Darryl Cherniss
Cherniss Group
Coldwell Banker
5450 Lincoln Blvd.
Playa Vista, CA 90094
Direct: 310-305-4286
Fax: 310-578-8393
Toll Free: 877-229-0094
AIM/Skype: ChernissGroup
Email: info@chernissgroup.com
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