All Forum Posts by: James Barnes

Thank you for all of the great feedback!! 

The home appraised for 440K with a waiver back in early September. Doubtful I would get that on a sale now based on comps. Current payment is $1750/mo. I don't need the money for another home, but also don't want to be super leveraged with mortgage debt in the event of a Real Estate downturn. I am thinking about contacting a few PM's to get a full scenario cost analysis of renting vs. Airbnb, but none the less, we have to leave Phoenix early June to head back to the mid west. Probably worth mentioning this would be the first time I've rented out or Airbnb a home I own. 

Looking

for some advice. I live in a 3bed/2bath in the Biltmore area of

Phoenix, AZ w/pool. Owe 347k on the loan, 30 year, 2.875% fixed rate,

which right now is a decent position. Family and I are needing to move

back to our hometown in the midwest by June, and would like to ride out

living here until May. Due to the looming clouds of the market forecast,

not sure whether or not to sell, rent this place out (would have to pay

a PM as I would be completely hands off and out of town) or possibly

leave our furnishings and Airbnb the place. Any advice greatly

appreciated. Thanks!

Looking

for some advice. I live in a 3bed/2bath in the Biltmore area of

Phoenix, AZ w/pool. Owe 347k on the loan, 30 year, 2.875% fixed rate,

which right now is a decent position. Family and I are needing to move

back to our hometown in the midwest by June, and would like to ride out

living here until May. Due to the looming clouds of the market forecast,

not sure whether or not to sell, rent this place out (would have to pay

a PM as I would be completely hands off and out of town) or possibly

leave our furnishings and Airbnb the place. Any advice greatly

appreciated. Thanks!