Money Matters
melissa&mark
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Real Estate Investing Advice
Just want to run our scenario by you all and see what you think.
My husband and I bought our first rental property in August, we have great tenants who pay on time and we have a $200 positive cash flow after all expenses each month. Our area is having a major inventory shortage and in the 8 months we've owned the house it has appreciated 100k! My husband and I still go back and forth about what the ultimate goal is with the house, sell in 5 years, 10 years, keep it and use rental income as part of our retirement plan, etc. The fact that it has gone up so much so fast is making me consider cashing out. What would you do and if you have rental properties what is your ultimate goal with them?
Re: Real Estate Investing Advice
I can't give you much advice on using rental properties for income, mostly because I don't have much tolerance for risk in the event we don't have a renter. If I ever did do it, I would pay for the property in full and would have to have a very good in