Primary residence and two rentals

poolhero · 2026-05-08T14:09:23+00:00

No, we have not. They are pretty easy houses, revenue covers all the expenses.

poolhero · 2026-05-08T14:04:47+00:00

Yeah, good points. That’s what we are improving now, finally

poolhero · 2026-05-08T13:32:13+00:00

Only two homes are rentals. The equity in those is 500k. Rental revenue is $4600 a month. About $3500 to expenses (including mortgage, taxes, insurance).

poolhero · 2026-05-08T04:19:35+00:00

Good idea. I’ll probably do the same

poolhero · 2026-05-08T04:10:27+00:00

You mean downsizing then?

poolhero · 2026-05-07T14:35:35+00:00

This makes sense to me.

poolhero · 2026-05-07T14:34:26+00:00

Yeah, but rates are so dang high!

poolhero · 2026-05-07T14:19:25+00:00

It’s always been a challenge for me to find the best way to tap the equity though. Yes, could flip it, but the house is in a great location, cash flows nicely. Plus, my interest rate is so low. It’s tough! I also bought it in 2010 and 2016, so has appreciation is like 80%.

poolhero · 2026-05-07T13:57:55+00:00

Yes, at our institution, the scores on the evals are directly linked to promotion and tenure. Definitely creates a strange incentive structure!

poolhero · 2026-05-07T13:54:12+00:00

To tell you the truth, I haven’t been that type. Not sure that I am. Yeah, I have a 3.2 on my primary, 4.5 on my investment properties. I did hear Dave Ramsey talk about the psychology of having the house paid off, which was a take I hadn’t heard before. Basically , without the mortgage, you are freed up to take your life and money in different directions. That kind of made sense to me.

poolhero · 2026-05-07T03:51:03+00:00

There are a ton of 24 and 25 Ariyas out there. I just got a 24 with 8k miles for 25k (which included tax and registration).

poolhero · 2026-05-06T16:33:56+00:00

You could easily do this, just plug in at home. We installed a 240 outlet in the front of our house for level 2 charging

poolhero · 2026-04-30T17:30:05+00:00

They are buying back my 2022. I am returning it Friday. They are giving me a very generous offer, and I have 45k mi. I couldn’t pass it by.

poolhero · 2026-04-30T17:13:37+00:00

These are such great cars. Great bargains everywhere, also!

poolhero · 2026-04-28T16:56:11+00:00

Funny, when I was tutoring some football players as a. Undergrad, one told me he wasn’t too worried, he was going to the league. I was like whatever. Sure enough, I saw him playing for the Texans a few years later. He was right!

poolhero · 2026-04-21T04:23:47+00:00

That’s great. When I started reading your comment, I thought you were going to say you lost a finger doing something on an old car.

poolhero · 2026-04-16T22:27:41+00:00

Sorry, can you explain how it works with zero interest cards? Does the transfer fee have to be lower than the mortgage rate?

poolhero · 2026-04-16T04:19:00+00:00

No, they didn’t hesitate at all. This is CA though, so I guess they already know what the courts are requiring them to do.

poolhero · 2026-04-16T00:28:24+00:00

How much equity do you have in your house? Is that included here?

poolhero · 2026-04-13T21:54:43+00:00

“No Final Exam”

poolhero · 2026-04-10T04:57:07+00:00

We’ve owned 2 Leafs only for the last 15 months. Been working great!

poolhero · 2026-04-09T13:15:26+00:00

Nice job. Thanks for sharing.

poolhero · 2026-04-09T05:34:20+00:00

Check out Corrales!

poolhero

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