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Updated over 8 years ago, 06/05/2016

User Stats

13
Posts
1
Votes
Chris Mercer
  • Rental Property Investor
  • Denver, CO
1
Votes |
13
Posts

Sell My House and Move Back Into My Rental Condo

Chris Mercer
  • Rental Property Investor
  • Denver, CO
Posted

Hi There, 

I live in Denver and own a rental condo in Littleton.  The lease on the condo is up later this year.  The current renovations on my house are just about complete.  My agent ran comps for me on the house and I can pull some pretty good equity out of it.  I like the house.  It needs some more work to make it "pretty", but I don't think the extra investment will buy me much, given my diverse neighborhood.

My hangup is that i live next door to the cat lady.  Dozens of feral cats.  They use my yard as their bathroom.  They spray my house, porch, truck, fence...everything.  My dogs eat their poop, then get sick.  I've tried many different agencies and self-mitigation, to no avail.  I like that i can let the dogs out before and after work and don't have to walk them all the time (time is very important to me). But the cats....

My condo pulls good rental income. The mortgage is super cheap, as i got a great deal on it.  

I have to weigh the balance of no longer having to deal with the cats vs having to walk the dogs all the time again (and the fact that the house will continue to rise in value in the coming years...do I want to miss out on that).

Thoughts? 

Thanks! 

Chris

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