It would and we know it. However, the market is such that the margin of cash flow to costs would be minimal at best, plus I don’t want to be a landlord. And the minute I start paying someone to manage it I would be upside down on cash flow.
We’ve got plenty of equity and the market is good. We’re going to take the money and plow it into the new house. -D > On Dec 17, 2019, at 12:30 PM, Rick Knoble via Mercedes > <mercedes@okiebenz.com> wrote: > > Dan states: > >> This is why I have absolutely no interest in turning my former house into a >> rental, thank you. > > > Actually your house would make a great rental, as it is an upscale home. > Would be good for Airbnb or vacation rental, or perhaps insurance rental when > someone's home is uninhabitable for a period (hurricane, flood, tornado, > fire). I would think temporarily displaced residents of a similar home would > make okay tenants. > > Rick > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
