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re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks

Posted on 4/27/24 at 3:36 pm to
Posted by Lsutigerturner
Member since Dec 2016
5815 posts
Posted on 4/27/24 at 3:36 pm to
Don’t give up the house if at any way you can avoid it let someone else pay the mortgage find a really good property manager that has tons of clients and if you don’t find the renter you want in the month or two you need them lower rent and you will get one. I think my paperwork for me rental has it in the fine print that rate goes up a certain percentage due to inflation or something. I get roughly 75$ more ever year they extend I’m at year 4 now…. Which honestly is nice but does not keep up with current rental prices so I’m thinking out taking it down next year and do a quick touch up paint and some new fixtures and re rent
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