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The Water Cooler
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Got a lot going on, could use some life advice?
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<blockquote data-quote="swampratt" data-source="post: 3607319" data-attributes="member: 15054"><p>I have repaired some really crappy shacks.</p><p>The one I am doing now was turned down by 1/2 a dozen people because they all thought it needed dozed down.</p><p></p><p>I do not like selling homes in a good rental area.</p><p>I would bet you could get 1300 a month for your home and I will also bet you do not pay that much in a house payment.</p><p>I have a couple rental homes and they are great income that is hard to beat.</p><p></p><p>With a monthly income that is more than the payment you can get out of debt pretty quick.</p><p></p><p>My neighbor was moving out and told me he was going to sell the house and the reason was he did not want to deal with renters because he heard horror stories.</p><p>I talked him into renting it out..he has rented it out now for over 12 years and is super happy he went that path.</p><p>1250 a month for those 12 years.</p><p>15,000 a year and 80,000 total and he still owns a house worth 150,000 kind of hard to beat those investments.</p></blockquote><p></p>
[QUOTE="swampratt, post: 3607319, member: 15054"] I have repaired some really crappy shacks. The one I am doing now was turned down by 1/2 a dozen people because they all thought it needed dozed down. I do not like selling homes in a good rental area. I would bet you could get 1300 a month for your home and I will also bet you do not pay that much in a house payment. I have a couple rental homes and they are great income that is hard to beat. With a monthly income that is more than the payment you can get out of debt pretty quick. My neighbor was moving out and told me he was going to sell the house and the reason was he did not want to deal with renters because he heard horror stories. I talked him into renting it out..he has rented it out now for over 12 years and is super happy he went that path. 1250 a month for those 12 years. 15,000 a year and 80,000 total and he still owns a house worth 150,000 kind of hard to beat those investments. [/QUOTE]
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