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Real Estate
Reply to "When to downsize? When kids leave for college or later?"
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[quote=Anonymous][quote=Anonymous]I guess I don't get how having 2 properties will be less hassle. Especially the lake house. My parents had a second house for a while and all they did was maintain it when they went there (or think about that). They finally sold it (even though they had it rented for a while). If you want total freedom, just rent a beach house when you go to the beach. [/quote] We would basically put the money we'd be spending into maintaining our large suburban home toward a management company to manage and maintain the property. When you do it this way there is very little hassle at all. And then we have a property that we can either sell or leave to our children/grandchildren when we pass.[/quote]
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