I guess I've got new digs

[Memento]

Closed on this puppy today. Now I need a second job with these two mortgages. Anybody need a house?

I'd love one if it was wheelchair accessible. Might have trouble paying for it, though, haha.

 

[RamFan503]

Ha! Is your other one possibly rentable at a positive revenue flow? If so, I'd hold onto it as an investment. Maybe talk to an accountant to see if he can make it work for you financially.

 

[Ramhusker]

Ha! Is your other one possibly rentable at a positive revenue flow? If so, I'd hold onto it as an investment. Maybe talk to an accountant to see if he can make it work for you financially.

I don't know. It would take $1000 a month rent to break even. Not sure I want the headache. It's kind of big for most renters I think. (3170 sq ft.)

 

[RamFan503]

You can't get a positive cash flow out of 3,170 sqft if $1000/mo is break even? Where is the house? I get the headache thing but you may be surprised at how it works out for you financially.

 

[CodeMonkey]

I have been in that position...owning two houses. It was super stressful at the time so we were just eager to move on but looking back now I sometimes wish I would have considered 503's suggestion more than I did at the time.

 

[Memento]

I don't know. It would take $1000 a month rent to break even. Not sure I want the headache. It's kind of big for most renters I think. (3170 sq ft.)

But is it wheelchair accessible? Serious question, really. Also, where is it located?

 

[Ramhusker]

But is it wheelchair accessible? Serious question, really. Also, where is it located?

No, but the downstairs could be but the master is upstairs. And it's in South Georgia.