This can be true; but, I've seen the value both rise and diminish, depending on the scale of the proposed project.If you decide to sell, keep in mind that the inquiring agent will undoubtedly expect you to pay the commissions, thus affecting your overall cash to find a larger abode.As an added note: My daughters survived a small house; and, the wife and I are quite comfortable now and don't need to "downsize."

If you don't mind me asking, what kind of properties do you have there and why did you choose the area?

As we have mentioned in past posts, we are seeing well established people choosing to rent instead of buying.

Its easy to slow down when income needs have been met now I am focused on building a war chest for my 7 year old boy that he may attend any school in the nation he chooses when he turns 17.

Choosing color for homes being sold is different than ones already occupied or being aet up by homeowner, in that you have no clue how it will be furnished and accessorized.

We went a Black History month celebration at the Hilton and then went to my 12 year old daughter's volley ball games.6:30pm to 1am (and counting) Following up with investors on my marina dealCalling/Emailing investors to find an end buyer for our rented flip in Columbia, SC (we always have a tenant in place on the day we close because we choose our renter first, have them select a property from our specific list and on the day our renovation is done, the tenant is moving in)Reviewing posts on BP, CREOnline, Facebook and Craigslist and doing some postingTomorrow much of the same but add a few investor meetings.

You can be conservative somewhat if you are more comfortable.

If you were working for 9 bucks an hour before and surviving that income is more easier to replace for reserves than making 80k or 100k yearly etc. and making the change.You have to write down all lifestyle expenses and know what the monthly nut is to break even and be comfortable but not rich or having to take on debt when you start out.

Then we choose a % for the inspector to walk through.We also do our own market research on the properties that will be our competition.

There's tons to choose from!