All Forum Posts by: Caren Magill

thank you, @Jamie Banks!

@bonnie 

@Bonnie Low, thx for the insights!!  Really helpful.

Agreed, that's what I'm concerned about.

@Mike Dymski, thank you!  I didn't know that.

Hey Ya'll,

I'm struggling with what to do with my primary home in the suburbs of Austin (about 25 mins outside of the city).  It's a big house with a view and pool - really nice, but I'm ready to move on from texas, so I'm debating selling it, or renting it out as a long term lease or MTR.  Here's the deets:

I've owned it for 5 years.

Bought it for $725, but it's worth about $1.2 or more now.

It's not a vacation area, so not interested in STR, but could be okay for MTR, although not super close to hospitals.

Mostly I'm hesitant to sell because I have a sweet mortgage rate (2.5%), I owe less than $500K on it, and I'm not planning to buy again soon.  The idea of renting is appealing, but it's a house that requires a lot of upkeep, so I worry about how to manage that (or the expense to have someone else do it).

Any insights or words of wisdom would be appreciated. 

thanks, @Matt Stewart!

hi @Robin Panzera , Columbus is definitely on my watch list.  My husband is from Salem Ohio (sorry, he's a Wolverine), but I haven't been out that way yet.  Are there specific areas you would suggest narrowing in on?

Thanks @dwayne_Byrd!! 

Thanks @Rolanda Eldridge!  Will do!

Thanks @Tom Ott!!! I'll check those articles out.  Appreciate the resources!