[sdduuuude]

This is a great Q – one I will have to deal w/ in a few years. I haven’t put a spreadsheet to the problem, though. My intuition tells me it is a close call. Some considerations come to mind:

– House value appreciation expectations
– Inconvenience of being a landlord.
– Cost of property management
– Expected vacancy / lost revenue
– Will selling help you get over 20% down to avoid PMI ?
– Mortgage rate vs. Return on equity
– Could you to retire / downsize back into your old house after living in the new house?
– Closing costs of selling

Also, keep in mind – if you don’t sell, you can try being a landlord and change your mind if you don’t like it. If you do sell, it is difficult to go back the other direction.

[sdduuuude]

This is a great Q – one I will have to deal w/ in a few years. I haven’t put a spreadsheet to the problem, though. My intuition tells me it is a close call. Some considerations come to mind:

– House value appreciation expectations
– Inconvenience of being a landlord.
– Cost of property management
– Expected vacancy / lost revenue
– Will selling help you get over 20% down to avoid PMI ?
– Mortgage rate vs. Return on equity
– Could you to retire / downsize back into your old house after living in the new house?
– Closing costs of selling

Also, keep in mind – if you don’t sell, you can try being a landlord and change your mind if you don’t like it. If you do sell, it is difficult to go back the other direction.

[sdduuuude]

This is a great Q – one I will have to deal w/ in a few years. I haven’t put a spreadsheet to the problem, though. My intuition tells me it is a close call. Some considerations come to mind:

– House value appreciation expectations
– Inconvenience of being a landlord.
– Cost of property management
– Expected vacancy / lost revenue
– Will selling help you get over 20% down to avoid PMI ?
– Mortgage rate vs. Return on equity
– Could you to retire / downsize back into your old house after living in the new house?
– Closing costs of selling

Also, keep in mind – if you don’t sell, you can try being a landlord and change your mind if you don’t like it. If you do sell, it is difficult to go back the other direction.

[sdduuuude]

This is a great Q – one I will have to deal w/ in a few years. I haven’t put a spreadsheet to the problem, though. My intuition tells me it is a close call. Some considerations come to mind:

– House value appreciation expectations
– Inconvenience of being a landlord.
– Cost of property management
– Expected vacancy / lost revenue
– Will selling help you get over 20% down to avoid PMI ?
– Mortgage rate vs. Return on equity
– Could you to retire / downsize back into your old house after living in the new house?
– Closing costs of selling

Also, keep in mind – if you don’t sell, you can try being a landlord and change your mind if you don’t like it. If you do sell, it is difficult to go back the other direction.

[sdduuuude]

I think you two spent waaaaay to much time practicing the violin in your youth … 🙂

[sdduuuude]

I think you two spent waaaaay to much time practicing the violin in your youth … 🙂

[sdduuuude]

I think you two spent waaaaay to much time practicing the violin in your youth … 🙂

[sdduuuude]

I think you two spent waaaaay to much time practicing the violin in your youth … 🙂

[sdduuuude]

I think you two spent waaaaay to much time practicing the violin in your youth … 🙂

[sdduuuude]

My architect lives across from that house. I have driven down the street. It’s a nice street and you are on a big lot with no neighbors to the back. It is beyond my price range so I’m not sure if it represents good value but is is surely a nice area. Schools may be a concern there so you might find yourself wanting to move when baby hits kindergarten or look into private school.

[sdduuuude]

My architect lives across from that house. I have driven down the street. It’s a nice street and you are on a big lot with no neighbors to the back. It is beyond my price range so I’m not sure if it represents good value but is is surely a nice area. Schools may be a concern there so you might find yourself wanting to move when baby hits kindergarten or look into private school.

[sdduuuude]

My architect lives across from that house. I have driven down the street. It’s a nice street and you are on a big lot with no neighbors to the back. It is beyond my price range so I’m not sure if it represents good value but is is surely a nice area. Schools may be a concern there so you might find yourself wanting to move when baby hits kindergarten or look into private school.

[sdduuuude]

My architect lives across from that house. I have driven down the street. It’s a nice street and you are on a big lot with no neighbors to the back. It is beyond my price range so I’m not sure if it represents good value but is is surely a nice area. Schools may be a concern there so you might find yourself wanting to move when baby hits kindergarten or look into private school.

[sdduuuude]

My architect lives across from that house. I have driven down the street. It’s a nice street and you are on a big lot with no neighbors to the back. It is beyond my price range so I’m not sure if it represents good value but is is surely a nice area. Schools may be a concern there so you might find yourself wanting to move when baby hits kindergarten or look into private school.

[sdduuuude]

AK – holy crap, that is funny !

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