Divorced now. We sold the house and l didn't come out of it with much but l have no idea where l wanna move to yet , maybe buy again later. So l'm just renting for awhile for now , close to my daughter,13.
But l've still got these 2 blocks.
They're only worth about 40k , rural town an hr away. l hate going over there and looking after them but ones got a little cabin l can rent out for 100pw if l spent a k or 2 cleaning it up.
So they could bring in 400pmth towards my rent now or a new mortgage later, indefinitely really until one day later l sold them. l don't owe anything on them but rates and the costs going over to check them and mow is a pain and costs a bit. l'd really rather they were just gone. Use that money towards my new place later. But the 400pm might make more sense though .
What do you think , sell them of or keep for the cash flow ? l need to make up my mind as soon as l can .
ps , scuse the mistake in title , can't fix.
But l've still got these 2 blocks.
They're only worth about 40k , rural town an hr away. l hate going over there and looking after them but ones got a little cabin l can rent out for 100pw if l spent a k or 2 cleaning it up.
So they could bring in 400pmth towards my rent now or a new mortgage later, indefinitely really until one day later l sold them. l don't owe anything on them but rates and the costs going over to check them and mow is a pain and costs a bit. l'd really rather they were just gone. Use that money towards my new place later. But the 400pm might make more sense though .
What do you think , sell them of or keep for the cash flow ? l need to make up my mind as soon as l can .
ps , scuse the mistake in title , can't fix.
Put the internet to work for you.
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