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re: Buying new home - Renting current townhouse

Posted on 12/29/23 at 10:47 am to
Posted by Harry Rex Vonner
American southerner
Member since Nov 2013
37759 posts
Posted on 12/29/23 at 10:47 am to
quote:

I’d do exactly what he’s considering without hesitation. As long as his estimate of rental income is fairly accurate, even with a management fee, this one has written all over it IMO.



What if his job has to change?

If he's a mechanical engineer he can work from home for a company anywhere in the world.

But what if he has to move to Denver?

What if alot of things and you're young and all the sudden you have 2 mortgages and you're also paying rent to work in Denver?



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