Fred’s Pick of the Day is MLS # 591611. This country home in Laurel, DE, boasts 3BR, 2BA, a split floor plan, cathedral ceilings and a canopy over the rear deck. Built in 2007 and only $205,900. Call me if you want to see it @ 302 258-6983. Fred
Today’s food for thought from Julie Schmit: “Mom-and-Pop investors like the Basilis are snapping up homes and condominiums to rent out all over the country. They’re capitalizing on a confluence of events: depressed home prices, rising rents and strong rental demand. A typical plan? Buy cheap. Collect rents to cover costs. Cash out-one day-when home prices recover.” “It sounds so easy; however, not everybody is cut out to be a landlord.” Fred