You need to make a decision. Live in NJ and keep the townhouse or sell the townhouse and move to Connecticut. Renting is work and requires an ability to hold firm so you don't get run over. Say you rent your townhouse while paying your $1k a month and your renters stop paying. What will you plan to do? Even if you have a manager, there's going to be a lot of time where you have zero income. During that time, the manager will require you to write him a check monthly.
So what happens if in 3 years, you decide you want to move back to NJ? Well, wait for the lease in CT to end and go find a place in NJ.
So what happens if in 3 years, you decide you want to move back to NJ? Well, wait for the lease in CT to end and go find a place in NJ.
Statistics: Posted by Jack FFR1846 — Thu Aug 22, 2024 9:24 pm — Replies 1 — Views 129