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#1 |
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Donating 4WT 500 Club Member
Join Date: Sep 2006
Posts: 6,025
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Just a little suggestion if you haven't rented yet and there are a few rentals in your area. Try to find out how they compare to your place and if lets say for instance your rental is a two bedroom home, see what other two bedrooms are asking for, and go a little lower. Better to get a little less in this market than to have it empty.
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#2 |
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Moderator
Donating 4WT 18K Club Member |
Great idea Gina. We have checked about a few others in the area. Ours is the only one with a new furnace, new water heater and central air. The prices are a tad lower, so we are going a tad lower too...lol. We do have a couple interested and have filled out an application. Soon as I get them checked out we can hopefully have new tenants.
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To every thing there is a season, and a time to every purpose under the heaven. ECCLESIASTES 3:1 |
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#3 |
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Donating 4WT 500 Club Member
Join Date: Sep 2006
Posts: 6,025
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QUOTE=Janet;98089]Great idea Gina. We have checked about a few others in the area. Ours is the only one with a new furnace, new water heater and central air. The prices are a tad lower, so we are going a tad lower too...lol. We do have a couple interested and have filled out an application. Soon as I get them checked out we can hopefully have new tenants.[/QUOTE]
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#4 | |
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Donating 4WT Yakker
Join Date: Sep 2006
Location: Central Texas
Posts: 5,717
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Quote:
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Gayle
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#5 |
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Moderator
Donating 4WT 18K Club Member |
I sure hope the stress is coming to an end...at least for a little while...
Everyone's advice has been really helpful. We're meeting another person interested in the house today... hopefully those who have applied.....check out as good potential renters.
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To every thing there is a season, and a time to every purpose under the heaven. ECCLESIASTES 3:1 |
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#6 |
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Donating 4WT Yakker
Join Date: Jan 2007
Location: Denver, NY
Posts: 8,097
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I just found this. Ii am sorry I had not sent you my loving thoughts and support before Janet!
These are all stressful things! My heart is with you. I hope these renters do come through.
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Judy ![]() ![]() ![]() ![]() ![]() |
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#7 |
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Moderator
Donating 4WT 18K Club Member |
Don't you feel bad at all Judy. I know you would have been supportive if you had seen the thread.
We may have a renter. I have to check him out tomorrow and then let him know. We both like him so far. Also...the lady across the street from this house came over and is interested in buying it. We may just sell. She said not to wait, go ahead and rent it and if she can get it, she'll already have a renter. We really hadn't planned on selling, but we're seriously thinking about it. We wanted to be able to have it for retirement...a little extra coming in every month, but with renters...they move in....they move out....and then we have a lot of clean up to do. We are really thinking about it. Gina...what are your thoughts on this?
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To every thing there is a season, and a time to every purpose under the heaven. ECCLESIASTES 3:1 |
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#8 |
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Donating 4WT Yakker
Join Date: Sep 2006
Location: Central Texas
Posts: 5,717
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Janet, you didn't ask me what I think, so pardon me for butting in. But, I agree that the upkeep and maintenance, as you grow older, may not be something you want to do or are able to do. IMHO, if you can sell it and make some profit - you could put that into savings for your retirement years and probably be better off than if you still had it.
However, it would be more beneficial, tax-wise to keep it, I am sure. And it would increase in value, so you could sell it later and make more profit. So, just pardon my advice = I don't know what I'm talking about! LOL!!
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Gayle
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