I like the idea of renting as well
However, believe it or not my wife of 35 years has a pet milk Goat that she treats better than our three dogs and three cats. The Goat GOES!!
And I operate radios in the Ham bands and have seven or so antenna's in the air. Hence our desire for some land. I am unsure if rentals would allow animals and an antenna farm.
Wife is on the phone now with the head hunter, sounds like the money might not be what we need. She has a Masters in nursing and they are offering way less than she currently makes in Po-dunk, here. I thought the Seattle area would have paid much better.
And wow, the property taxes in WA are high!
We pay 1% of assessed value here in Mommie-fornia.
I spent the day on Zillow and was saddened by the properties I saw in our price range and that is <400K with 5 acres or more. As I wrote, I really do not want to go back to heavily in debt.
Homes and land in our current area are priced all over the map. Some are up, some are down. And I am really concerned about renting this place out.
Thanks all.
However, believe it or not my wife of 35 years has a pet milk Goat that she treats better than our three dogs and three cats. The Goat GOES!!
And I operate radios in the Ham bands and have seven or so antenna's in the air. Hence our desire for some land. I am unsure if rentals would allow animals and an antenna farm.
Wife is on the phone now with the head hunter, sounds like the money might not be what we need. She has a Masters in nursing and they are offering way less than she currently makes in Po-dunk, here. I thought the Seattle area would have paid much better.
And wow, the property taxes in WA are high!
We pay 1% of assessed value here in Mommie-fornia.
I spent the day on Zillow and was saddened by the properties I saw in our price range and that is <400K with 5 acres or more. As I wrote, I really do not want to go back to heavily in debt.
Homes and land in our current area are priced all over the map. Some are up, some are down. And I am really concerned about renting this place out.
Thanks all.
I can't advise you specifically on housing in the area, but a couple of points. First, Marin only likes his dog so I'd digest his take on an area with a grain or more of salt. Second, a lot of people who live in all those areas love them. There is not a mass exodus of people wanting to leave the area by any means.
Now, why not rent rather than buy? Houses are not appreciating like they once did. You made two purchases, one at a time and place that appreciated greatly, the other eating the profit from the first. How long do you intend to be there? I would look at potential houses to buy, but I'd also look at current rental prices for houses, apartments and condos. That might well allow you to get a boat while dealing with your current house. If you had the flexibility and time to buy in an outlying area that people and industry are moving toward and could hold the house for 10 years or more, the potential gain would be great, but even then if you took the profit you'd have to spend it on a replacement. However, if you're buying within a fully developed area and/or your expected time there is less than 10 years, you aren't likely to experience a great gain.