|
well, I always knew this house was going to be a minor investment and make a decent profit; I just didn't think we were going to make a move like this for another year or 2.
We could of held on to it as rental income, we already were approved for financing with that house still on the books. I just have no interest in being a land lord and its too big IMO to make a comfortable monthly profit. I'm sure things will calm down but material costs keep jumping up is our problem. build costs in the new development have jumped 100k over last year and up 10k already since we met with the builder in January.
|