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To: Responsibility2nd
first home is paid for. Keep it. Do not sell it. Put it in the rental market and use the extra income while the property appreciates in value each and every year

Whoa, and shiver me triggers...

I just bought a huge house for peanuts. Lovingly restored mansion, over 6000sqft. Owners went on a six-month vacation to Europe. Trusted their treasure to relatives who rented it, trashed it utterly, tore out walls, and left the fecal material of innumerable rabbits, cats, dogs, and birds everywhere. Plus over twenty rooms full of disgusting, soiled, infested furniture. Cost me more for cleanup than for the house, but all together less than $50k. Sellers were heartbroken and just wanted to get past a bad episode in their lives. FSBO sale sign was up for almost two days before I got there. :)

Moral of the story, think twice about renting your house, particularly if you DO care about its resale value.

And that's just one story. I know a lot of other horror stories about renting.

58 posted on 02/08/2020 9:34:30 AM PST by Buttons12
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To: Buttons12

Yes situations like you describe happen. Very sad. Keep reading the thread. Keep reading about my very positive experiences with a property management company. There’s no way to say with certainty that a lowlife tenant won’t trash my property. But using experts greatly reduces that possibility.


61 posted on 02/08/2020 9:39:34 AM PST by Responsibility2nd (Click my screen name for an analysis on how HIllary wins next November.)
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