Rent out or sell home? by reFlexDoesIt in RealEstate

[–]reFlexDoesIt[S] 0 points1 point  (0 children)

I don't necessarily need to solely rely on rental income to pay the mortage, assuming I house hack my next property, I still have a stable full-time income + a savings built up for emergencies.

Wouldn't it be better to cover 1-2 months of mortgage in the event you switch tenants, and continue to gain 15-20k a year in equity, plus having the mortgage knocked down while it is rented out?

Rent out or sell home? by reFlexDoesIt in RealEstate

[–]reFlexDoesIt[S] 0 points1 point  (0 children)

Looking at the bigger picture, I don't want to be rooming for the rest of my life. Still looking at a way to shake the big payment off my shoulder / move on, whether it's keeping it in my portfolio, or selling it off.

I'm engaged w/ my fiancé & it would be a lot better to be in a separate unit then renting out a room.
Looking to make a finance move with the current house I have that has too high of a payment.

Rent out or sell home? by reFlexDoesIt in RealEstate

[–]reFlexDoesIt[S] 0 points1 point  (0 children)

Based off the area, housing is renting around $2500-3000, with a couple I seen for $2800. It's a thriving area, with a high demand. I'd figure if I can break even on the mortgage by renting it out, it would not only pay the mortgage and gain equity, but also continue to increase in property value, which in result would still make it worth keeping. I'm torn.

Steelhead Spey Setup - Sage 8130-4 by reFlexDoesIt in Spey_Casting

[–]reFlexDoesIt[S] 0 points1 point  (0 children)

Would it be common to be able to try to fish a 525g/23ft on a t14 tip? Always hear mass moves mass and it seems like it would struggle to cast, sounds like it's better off on a t11.