Allied Gardens

[Ren]

[quote=meadandale]I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

When my wife and I moved in together, we got a 2-bedroom CV condo, which was perfect. Now that we have a 9-month-old, it feels like a prison, and we’re itching to get something bigger.

Never underestimate the amount of crap you accumulate with kids. Yes, you can get by without it, but it’s extremely cramped otherwise. No room for an office, guests, or storage.

[urbanrealtor]

[quote=BGinRB]

I assumed they would want to have a kid or two in the next several years. In that case 2/1 would not fit. They would rent for another year or two and then look for 3/2.

[/quote]

My wife and I are both in our 30’s. We have a 2/2. We have a kid. While it may get tight in the future, right now, it works fine. While we may not take up a lot of space, nor are we terribly atypical. That’s at the personal level.

At the investment level, once you have at least 2 bedrooms, it becomes a lot easier to rent out or sell the place. Based on the numbers above, it appears you could come close to or achieve an even cash flow with the right cocktail of purchase price, rent, and lending cost.

[urbanrealtor]

[quote=BGinRB]

I assumed they would want to have a kid or two in the next several years. In that case 2/1 would not fit. They would rent for another year or two and then look for 3/2.

[/quote]

My wife and I are both in our 30’s. We have a 2/2. We have a kid. While it may get tight in the future, right now, it works fine. While we may not take up a lot of space, nor are we terribly atypical. That’s at the personal level.

At the investment level, once you have at least 2 bedrooms, it becomes a lot easier to rent out or sell the place. Based on the numbers above, it appears you could come close to or achieve an even cash flow with the right cocktail of purchase price, rent, and lending cost.

[urbanrealtor]

[quote=BGinRB]

I assumed they would want to have a kid or two in the next several years. In that case 2/1 would not fit. They would rent for another year or two and then look for 3/2.

[/quote]

My wife and I are both in our 30’s. We have a 2/2. We have a kid. While it may get tight in the future, right now, it works fine. While we may not take up a lot of space, nor are we terribly atypical. That’s at the personal level.

At the investment level, once you have at least 2 bedrooms, it becomes a lot easier to rent out or sell the place. Based on the numbers above, it appears you could come close to or achieve an even cash flow with the right cocktail of purchase price, rent, and lending cost.

[urbanrealtor]

[quote=BGinRB]

I assumed they would want to have a kid or two in the next several years. In that case 2/1 would not fit. They would rent for another year or two and then look for 3/2.

[/quote]

My wife and I are both in our 30’s. We have a 2/2. We have a kid. While it may get tight in the future, right now, it works fine. While we may not take up a lot of space, nor are we terribly atypical. That’s at the personal level.

At the investment level, once you have at least 2 bedrooms, it becomes a lot easier to rent out or sell the place. Based on the numbers above, it appears you could come close to or achieve an even cash flow with the right cocktail of purchase price, rent, and lending cost.

[urbanrealtor]

[quote=BGinRB]

I assumed they would want to have a kid or two in the next several years. In that case 2/1 would not fit. They would rent for another year or two and then look for 3/2.

[/quote]

My wife and I are both in our 30’s. We have a 2/2. We have a kid. While it may get tight in the future, right now, it works fine. While we may not take up a lot of space, nor are we terribly atypical. That’s at the personal level.

At the investment level, once you have at least 2 bedrooms, it becomes a lot easier to rent out or sell the place. Based on the numbers above, it appears you could come close to or achieve an even cash flow with the right cocktail of purchase price, rent, and lending cost.

[BGinRB]

[quote=meadandale]
I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

Personally, 1 bath is the killer. I hate the idea of kids, parents and guests of all kinds sharing that one bathroom.

Two bedroom might suffice with one kid. But if you are planning on having one you are most likely open to an idea of having two. You need to be open to an idea of trading up. With 10% transaction cost and no appreciation in the next several years the temporary stay in 2/1 can be very expensive.

[BGinRB]

[quote=meadandale]
I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

Personally, 1 bath is the killer. I hate the idea of kids, parents and guests of all kinds sharing that one bathroom.

Two bedroom might suffice with one kid. But if you are planning on having one you are most likely open to an idea of having two. You need to be open to an idea of trading up. With 10% transaction cost and no appreciation in the next several years the temporary stay in 2/1 can be very expensive.

[BGinRB]

[quote=meadandale]
I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

Personally, 1 bath is the killer. I hate the idea of kids, parents and guests of all kinds sharing that one bathroom.

Two bedroom might suffice with one kid. But if you are planning on having one you are most likely open to an idea of having two. You need to be open to an idea of trading up. With 10% transaction cost and no appreciation in the next several years the temporary stay in 2/1 can be very expensive.

[BGinRB]

[quote=meadandale]
I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

Personally, 1 bath is the killer. I hate the idea of kids, parents and guests of all kinds sharing that one bathroom.

Two bedroom might suffice with one kid. But if you are planning on having one you are most likely open to an idea of having two. You need to be open to an idea of trading up. With 10% transaction cost and no appreciation in the next several years the temporary stay in 2/1 can be very expensive.

[BGinRB]

[quote=meadandale]
I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

Personally, 1 bath is the killer. I hate the idea of kids, parents and guests of all kinds sharing that one bathroom.

Two bedroom might suffice with one kid. But if you are planning on having one you are most likely open to an idea of having two. You need to be open to an idea of trading up. With 10% transaction cost and no appreciation in the next several years the temporary stay in 2/1 can be very expensive.

[meadandale]

[quote=BGinRB][quote=meadandale]
I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

Personally, 1 bath is the killer. I hate the idea of kids, parents and guests of all kinds sharing that one bathroom.

Two bedroom might suffice with one kid. But if you are planning on having one you are most likely open to an idea of having two. You need to be open to an idea of trading up. With 10% transaction cost and no appreciation in the next several years the temporary stay in 2/1 can be very expensive.
[/quote]

My how entitled we’ve become these days. 3000 sq ft houses for 2-4 people, 400+ sq foot bedrooms for the kids? Our own bathrooms?

When I was a kid, we had about a 1600 sq foot house for 6 people. My brother and I shared a room and my two sisters shared another one. All 4 of us shared one bathroom.

[meadandale]

[quote=BGinRB][quote=meadandale]
I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

Personally, 1 bath is the killer. I hate the idea of kids, parents and guests of all kinds sharing that one bathroom.

Two bedroom might suffice with one kid. But if you are planning on having one you are most likely open to an idea of having two. You need to be open to an idea of trading up. With 10% transaction cost and no appreciation in the next several years the temporary stay in 2/1 can be very expensive.
[/quote]

My how entitled we’ve become these days. 3000 sq ft houses for 2-4 people, 400+ sq foot bedrooms for the kids? Our own bathrooms?

When I was a kid, we had about a 1600 sq foot house for 6 people. My brother and I shared a room and my two sisters shared another one. All 4 of us shared one bathroom.

[meadandale]

[quote=BGinRB][quote=meadandale]
I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

Personally, 1 bath is the killer. I hate the idea of kids, parents and guests of all kinds sharing that one bathroom.

Two bedroom might suffice with one kid. But if you are planning on having one you are most likely open to an idea of having two. You need to be open to an idea of trading up. With 10% transaction cost and no appreciation in the next several years the temporary stay in 2/1 can be very expensive.
[/quote]

My how entitled we’ve become these days. 3000 sq ft houses for 2-4 people, 400+ sq foot bedrooms for the kids? Our own bathrooms?

When I was a kid, we had about a 1600 sq foot house for 6 people. My brother and I shared a room and my two sisters shared another one. All 4 of us shared one bathroom.

[meadandale]

[quote=BGinRB][quote=meadandale]
I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

Personally, 1 bath is the killer. I hate the idea of kids, parents and guests of all kinds sharing that one bathroom.

Two bedroom might suffice with one kid. But if you are planning on having one you are most likely open to an idea of having two. You need to be open to an idea of trading up. With 10% transaction cost and no appreciation in the next several years the temporary stay in 2/1 can be very expensive.
[/quote]

My how entitled we’ve become these days. 3000 sq ft houses for 2-4 people, 400+ sq foot bedrooms for the kids? Our own bathrooms?

When I was a kid, we had about a 1600 sq foot house for 6 people. My brother and I shared a room and my two sisters shared another one. All 4 of us shared one bathroom.

[Author]

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