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SVTPerformance's Chain of Restaurants
Road Side Pub
Renting vs owning a home and vehicles.
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<blockquote data-quote="PhoenixM3" data-source="post: 15695163" data-attributes="member: 140283"><p>When you have a single property it shouldn't be too bid of a deal. Know the rental market in your area, but you'll need a little cash reserve as a parachute. Most people start out house rich, cash poor. We were able to pay a property off early, so the risk of a vacancy wasn't an issue. When we sold this property, we bought two new construction homes in another area knowing damn well that we couldn't afford land and luxury features in SOCAL.</p></blockquote><p></p>
[QUOTE="PhoenixM3, post: 15695163, member: 140283"] When you have a single property it shouldn't be too bid of a deal. Know the rental market in your area, but you'll need a little cash reserve as a parachute. Most people start out house rich, cash poor. We were able to pay a property off early, so the risk of a vacancy wasn't an issue. When we sold this property, we bought two new construction homes in another area knowing damn well that we couldn't afford land and luxury features in SOCAL. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Renting vs owning a home and vehicles.
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