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select-fireselect-fire Member Posts: 69,448 ✭✭✭✭

Rental Properties Closings Thurs and Friday this week.... Almost thru...

Comments

  • allen griggsallen griggs Member Posts: 35,619 ✭✭✭✭

    Please, contact my girlfriend and make her sell those &%!!**@ rentals.

    She has been down in Atlanta the past month, an oak tree landed on her rental house. Roof, bay window, deck, knocked the a/c unit off the concrete pad. Etc.

    Last I saw the estimate is $63,000 and she says State Farm is incompetent.

    I wish To God she would get rid of the rentals.

  • select-fireselect-fire Member Posts: 69,448 ✭✭✭✭
    edited August 2022

    My life has completely went great without that income. I have one Rental home left that is insured with State Farm... She should get some rental income off of it from them while it is being repaired. I sure hope the tenants were not hurt.


    You tell her to sell now ..before the market goes down... I made a killing and she can too.

  • select-fireselect-fire Member Posts: 69,448 ✭✭✭✭

    One Closed this morning...other is Monday...

  • WarbirdsWarbirds Member Posts: 16,923 ✭✭✭✭
  • select-fireselect-fire Member Posts: 69,448 ✭✭✭✭
    edited August 2022

    All went well for both closings.... Only 1 left, a nice home on 1.5 acres and the current Tenant is going to purchase it most likely this spring. We are now free to travel any where we want. No tie down rental property worries. Sold everything within 5 days of a yr for the first one sold .

  • montanajoemontanajoe Forums Admins, Member, Moderator Posts: 59,964 ******
  • AlpineAlpine Member Posts: 15,092 ✭✭✭✭

    Just like a boat: The happiest moment of your life is when you get rid of rentals.

    Been there, done that.

    ?The problem with socialism is that you eventually run out of other people's money.?
    Margaret Thatcher

    "There are three kinds of lies: lies, damned lies and statistics."
    Mark Twain
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