I am pumped!

When our daughter told us that they were house hunting I was easily surprised. They’ve only been married a couple of years and every one of us figured that they would wait at least a couple before they decided to make the leap into house ownership. What easily surprised us was the fact that they were looking for not only a venue for themselves to live but a venue that would have a house attached to it as well. This meant that they would not only be house owners but property owners and well as this uneasy me slightly. Only income property can be appealing as far as the cost Factor but it can also mean a headache when it comes to maintaining both your own house and that property. Both of us tried to caution them on the fact that they would need to keep at least a few thousand dollars in the bank at all time so any Appliance breakdowns or major repairs to the rental unit could be done in a timely manner, then problem with numerous of the doubles for sale in our section is that the sellers try to hide any major problems with cosmetic improvements. They don’t necessarily disclose problems with things enjoy the Heating and Air Conditioning program or the ventilation system. Both of us made sure to tell our daughter and her husband to have the inspector check those out thoroughly before they even put in a bed as those can be easily costly repairs that need to be done right away, and replacing a window or painting your room can be done over time but you can’t spend the Winter separate from heat and neither can your  tenants.

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