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Personal Finance (Not Investing) • Can I afford this new house

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Plan is to rent current house for a positive cash flow of about $500 - $1k per month.
Don't bank on the cash flow! One repair can put you in a negative situation. I'm not sure where your house is located. In my area, a tenant can stop paying rent and it can take up to a year to get them out with a lawyer! You better be ready to make double house payments without the rental income for a year. Also lawyers are expensive, very expensive!

Statistics: Posted by Youku — Sat Aug 23, 2025 8:25 am — Replies 12 — Views 1089



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