All Forum Posts by: Adam Laurenzo

Questions that would help me make that decision, if I were in your shoes:

- What would it rent for?

- Do you want to be a landlord?

- What does a potential HELOC or Refi situation look like?

Without good answers to those questions, I'd lean toward selling.

I read the Greene book and then ended up going with a reputable turnkey provider. Did a lot of vetting and due diligence every step of the way anyways. 

It sounds like you're looking for a PM. 

Determine taxes and fees associated with selling.

Make sure you're not selling for a loss.

Don't use retirement accounts. 

I've heard of written statements from neighbors being accepted as evidence in the SLC area also. 

I wouldn't buy anything that doesn't cash flow at the rate I'm quoted. We just bought a property that cash flows a little at 7.125%. We are hoping to refi within the year and improve the cashflow significantly, but we're not hurt if rates go back up.

Appreciation would be a killer bonus- but again- we'll be just fine without it.

Index funds.

What's the release say?

Just closed on a property this week and asked ourselves a similar question. Did not buy the rate down in the end; we are expecting to refinance before the end if the year and get a lower one anyways. 

Sounds like you have your answer on pets. Just want to throw my opinion in on your carpet. When it comes time to replace it, don't replace it with more carpet.