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Real Estate
Reply to "Can I afford this house?"
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[quote=Anonymous]Look op you’re in great financial shape considering things. But you are about to risk that position for very intangible reasons. And I know renting sucks and you probably felt like your kid was made to feel like a second class citizen or a second class parent. But buying a big house and having your friends kids over isn’t going to somehow undo all of that. There is a smarter way. Don’t make these decisions from your heart, think about daily life everyday in the reality of managing a large house and yard alone: what do you and your kid like to do on the weekends? Is it yard work, gardening? That’s a lot of yard work, even if you hire mowers. How about replacing toilets? How handy are you? Have you been to Home Depot workshops? Do you have plumbers or hvac guys you have worked with before and trust? How about managing a tenant, have you looked over the types of contracts online, have you looked at the market for tenants in your neighborhood? Have you had the trees in the property assessed? Are your neighbors going to cite you for an illegal tenant if you don’t have a permit? This is taking on a lot at a time when your kid will want you to to spend more time on them.[/quote]
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