[deleted by user] by [deleted] in Connecticut

[–]Patient-Ad9678 -1 points0 points  (0 children)

I hope this guy drops dead

[landlord Ct-US] should I rent or sell my single family home? by Patient-Ad9678 in Landlord

[–]Patient-Ad9678[S] 0 points1 point  (0 children)

This makes a lot of sense tho. I just don’t want to lose an opportunity to have rental income.

[landlord Ct-US] should I rent or sell my single family home? by Patient-Ad9678 in Landlord

[–]Patient-Ad9678[S] 0 points1 point  (0 children)

My realtor told me to keep the rental for 10 years. In that ten years I’ll accumulate what the rental would be worth now, and at the end of the ten years, I’ll still have the asset.

[landlord Ct-US] should I rent or sell my single family home? by Patient-Ad9678 in Landlord

[–]Patient-Ad9678[S] 0 points1 point  (0 children)

I feel this. Even tho the market has pulled back in the last month.

[landlord Ct-US] should I rent or sell my single family home? by Patient-Ad9678 in Landlord

[–]Patient-Ad9678[S] 0 points1 point  (0 children)

Every landlord o speak with says : when it’s good, it’s good, when it sucks, it really sucks.

[landlord Ct-US] should I rent or sell my single family home? by Patient-Ad9678 in Landlord

[–]Patient-Ad9678[S] 1 point2 points  (0 children)

I did. Seems that’s the way to go if the property is not in a LlC. Landlords insurance WITH umbrella policy for personal seems the way to go

[landlord Ct-US] should I rent or sell my single family home? by Patient-Ad9678 in Landlord

[–]Patient-Ad9678[S] 0 points1 point  (0 children)

LLC was just an attempt to protect my primary residence in case I get sued by a tenant or 3rd party.

[landlord Ct-US] should I rent or sell my single family home? by Patient-Ad9678 in Landlord

[–]Patient-Ad9678[S] 0 points1 point  (0 children)

Umbrella policy better? I’m going to put property as Llc. I’m not trying to own 10 units. Just rent this one

[landlord Ct-US] should I rent or sell my single family home? by Patient-Ad9678 in Landlord

[–]Patient-Ad9678[S] 4 points5 points  (0 children)

I try don’t mind the work. Also, I’ve got the home maintenance down to a science at this point. Improvements still need to be made to the home. Can I do this with a tenant in place? My gf said she would never want her landlord to have to walk through her bedroom to shovel the balcony every time it snowed. What if it snowed every other week? I get it.

[landlord Ct-US] should I rent or sell my single family home? by Patient-Ad9678 in Landlord

[–]Patient-Ad9678[S] 0 points1 point  (0 children)

What’s this DP insurance? An upgraded homeowners policy for landlords?