All Forum Posts by: Justin Heminger

@Parker Eberhard

😂 right?!?

@Holly Birchall

We are ready for the booming market there!!

You guys are absolutely amazing. Thank you all so much for your responses!! I’ve decided to save the cash flow!! I will be on here a lot picking everyone’s brain so stay tuned!!

@Steve Vaughan

We are going the PM route. We are actually moving to your neck of the woods. We’ll be in Spokane in over two months! We’re excited about the potential there.

Thanks for the advice!

First off, thanks for the reply! The house is a new build (built in 2018) with all major appliances under warranty. So the roof should be good for at least 20 years right?How much would you recommend for a reserve? I’ve heard 3 months vacancy? Thanks again Nathan!

My wife and I bought our home a little over a year ago and due to me being in the military, we are moving. We decided to rent out our home as the market doesn’t indicate a profit if we sell. Our plan is to rent it out for 5 years and look to sell then. After our mortgage HOAs, maintenance etc., we are looking at about $240 in cash flow. My question is, do I put that in a high interest savings (currently 2.05%) or re apply it to principle? My experience with all of this is brand new so be gentle! Thank you all in advance.