- Would it be smart to pull the equity and use it towards the down payment of our next home?

@Kristi PrattTo make smart real estate choices, think about rising rates, cash-out refis, and slow pay growth.

I'm reducing the footprint and repricing.... finally a smart person. our floorplan for each unit we build is 668 sq ft and 2 beds for that exact same reason. people that Aren't in cheap markets don't understand. in columbus we face appraisal issues if we don't keep it as small as possible. 

Do your homework, crunch the numbers on potential profits, and seek advice from experts like real estate agents, property managers, and financial consultants to make smart choices.Good luck!

It would be really smart to connect with her.Would love to connect with you guys and discuss further!

Quote from @Eryn Garcia: Quote from @Theresa Harris: If you use the search function, there are a number of threads on this.Pros-you can rent by the room and make more moneyCons-students are often less experienced at living on their own and may do things that result in repairs (eg wrong soap in dishwasher), higher turnover, more calls to deal with things, higher chance of parties.If you do it, you may want to get a cleaner in once a week to clean common areas (students clean their own rooms and keep the place tidy, wash their own dishes) and you will need to get someone in to take care of the yard.Thank you so much for sharing could you tell me where the search function is  Up that the top right is a magnifying glass (a circle with a handle on the bottom right-could also look like the letter "Q") to the left of the bell. 

When that experienced investor finds out you bought smart it will be certianly will look more attractive than the other guy who bought wrong because it looked good on paper.

Smart investors never put them self's into a position like that.

While I'm just starting out, I'm committed to learning, growing, and making smart moves in this dynamic field.

He's a very smart guy and has more than 10 rental properties in Detroit.