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Re: Rental Property
[Re: Bronco 74]
#3022409
01/24/20 03:47 PM
01/24/20 03:47 PM
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Joined: Aug 2018
Posts: 5,294
Georgia and Missouri
Semo
12 point
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12 point
Joined: Aug 2018
Posts: 5,294
Georgia and Missouri
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Anyone own any? My wife and I are considering moving and we’re thinking about renting the house we are in. The house we are in is 7 years old and payed for. Pros and cons. I have seen several models considering both the real estate side and the "market" investment end. From a pure money standpoint investing the capital makes more sense unless you see considerable appreciation in the value of the property. By the time taxes, maintenance, insurance, and other misc. costs are considered it has a hard time keeping up. Now, with that said, there is no way I would simply dump a big sum in the equity market right now. But, run some projections and see what it looks like. Maybe your home would be the exception to the general rule.
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