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Reply to "Should I sell my house or rent it out?"
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[quote=Anonymous]One thing I like about having so much of my NW tied up in my rental properties equity is that it's harder to get it out. If I instead had the money in stocks or cash, it would be too easy for me to spend it. Buy that vacation house, put in a pool, let's get a new car, etc. With houses, I am forced to live within my means because, especially in the current market, it's too expensive to do a cash out refi or even get a HEL or HELOC. But I realize that others with more discipline don't have this problem.[/quote]
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