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Reply to "Saving for college vs paying off house"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, I think it's ridiculous that you want to buy a rental property. That shouldn't even be an option right now, given your inexperience as a landlord (I presume) and the fact that you guys are neither maxing out retirement or 529.[/quote] OP here. I have been a landlord previously. While DH isn't maxing his 401k, combined we put 28k in last year. What is maxing out a 529? I put 4k in yearly. We're very good at major home repairs and construction, so renovating a townhouse and renting it out would actually be a good fit for us. [/quote] What happens if you have a vacancy that spans more than a month? [/quote]
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