FB turned landlord

[Anonymous]

You’re already at a 70K loss on the condo. If you can, get out now.

[Tavo]

“You’re already at a 70K loss on the condo. If you can, get out now.”

“If you can get out” seems to be the key question. Otherwise, no way will I just eat $70k in one shot. Even if I sink $1k per mo. for 3 yrs it’ll only be $36k. Consider loss of rent, maintennace, etc..$50k, but I’ll have the very small chance of a turnaround (small chance, I know)

[Tavo]

“You’re already at a 70K loss on the condo. If you can, get out now.”

“If you can get out” seems to be the key question. Otherwise, no way will I just eat $70k in one shot. Even if I sink $1k per mo. for 3 yrs it’ll only be $36k. Consider loss of rent, maintennace, etc..$50k, but I’ll have the very small chance of a turnaround (small chance, I know)

[Tavo]

“You’re already at a 70K loss on the condo. If you can, get out now.”

“If you can get out” seems to be the key question. Otherwise, no way will I just eat $70k in one shot. Even if I sink $1k per mo. for 3 yrs it’ll only be $36k. Consider loss of rent, maintennace, etc..$50k, but I’ll have the very small chance of a turnaround (small chance, I know)

[Tavo]

“You’re already at a 70K loss on the condo. If you can, get out now.”

“If you can get out” seems to be the key question. Otherwise, no way will I just eat $70k in one shot. Even if I sink $1k per mo. for 3 yrs it’ll only be $36k. Consider loss of rent, maintennace, etc..$50k, but I’ll have the very small chance of a turnaround (small chance, I know)

[Tavo]

“You’re already at a 70K loss on the condo. If you can, get out now.”

“If you can get out” seems to be the key question. Otherwise, no way will I just eat $70k in one shot. Even if I sink $1k per mo. for 3 yrs it’ll only be $36k. Consider loss of rent, maintennace, etc..$50k, but I’ll have the very small chance of a turnaround (small chance, I know)

[Anonymous]

Yeah, I know you don’t want to eat 70K in one shot. The other question is how much more is it gonna depreciate AND how how long will you have to sink 1k into it. It could be longer than 3 years.

[Anonymous]

Yeah, I know you don’t want to eat 70K in one shot. The other question is how much more is it gonna depreciate AND how how long will you have to sink 1k into it. It could be longer than 3 years.

[Anonymous]

Yeah, I know you don’t want to eat 70K in one shot. The other question is how much more is it gonna depreciate AND how how long will you have to sink 1k into it. It could be longer than 3 years.

[Anonymous]

Yeah, I know you don’t want to eat 70K in one shot. The other question is how much more is it gonna depreciate AND how how long will you have to sink 1k into it. It could be longer than 3 years.

[Anonymous]

Yeah, I know you don’t want to eat 70K in one shot. The other question is how much more is it gonna depreciate AND how how long will you have to sink 1k into it. It could be longer than 3 years.

[vagabondo]

Why is good credit important? Set aside all the financial and self work implication – there are other, more meaningful ramifications.

The fact is, employers are increasingly using credit scores to filter prospective candidates. As we head deeper into this recession, the pool of qualified candidates will grow for each open position. If your credit history is sub par, you may be at a disadvantage when compared to your competition.

[vagabondo]

Why is good credit important? Set aside all the financial and self work implication – there are other, more meaningful ramifications.

The fact is, employers are increasingly using credit scores to filter prospective candidates. As we head deeper into this recession, the pool of qualified candidates will grow for each open position. If your credit history is sub par, you may be at a disadvantage when compared to your competition.

[vagabondo]

Why is good credit important? Set aside all the financial and self work implication – there are other, more meaningful ramifications.

The fact is, employers are increasingly using credit scores to filter prospective candidates. As we head deeper into this recession, the pool of qualified candidates will grow for each open position. If your credit history is sub par, you may be at a disadvantage when compared to your competition.

[vagabondo]

Why is good credit important? Set aside all the financial and self work implication – there are other, more meaningful ramifications.

The fact is, employers are increasingly using credit scores to filter prospective candidates. As we head deeper into this recession, the pool of qualified candidates will grow for each open position. If your credit history is sub par, you may be at a disadvantage when compared to your competition.

[Author]

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