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Archive for December, 2015

Blogs about Investing in Rental Properties

December 8th, 2015 at 07:49 pm

Looks like we did it.

We've lived for years in a very cost effective area. Cheap housing (plus it's a very modest home) was great for us starting out. We had refinanced and there was only 9.5 years left on the mortgage. We were doing great except the school district was TERRIBLE. Many websites listed the rankings as 2 or 3 out of 10. Stabbings and fights were common occurances at the highschool. It was something we weren't willing to expose our girls to so we looked into private school.

Private school for one girl is doable. Not fun, but we could swing it no problem. But then our 2nd daughter came along and I ran the numbers and it just wasn't making sense anymore. So now we moved to a very high cost of living area but the school district is fantastic (it's where I grew up) and my mother is two miles down the road so I won't even have to pay for before/after care. We moved to an even more modest home to try and keep the cost down while now renting out our first home. We also half own a rental property with my parents. So now we've got two rental properties to stay on top of. Just wondering if anyone knows of any blogs that talk about investing in rental properties. I follow AffordAnything but I figured some people on this site might now of a few others that would be interesting to read.

Thanks in advance!! Smile