If you plan on moving out anyways, why not just sell the house? It’d give you a large up front sum of money, and you would never have to worry about maintenance or bad tenants again.
I’m not the picture of fiscal responsibility. Be much more comfortable with a predictable income, especially since I’ll be too old to work.
Selling the house would be a last resort for two reasons. My wife is foreign and would be lost without me. I want to know she will always have a roof to sleep under, no matter what. Two, I really want to be able to leave it to my children, give them a jump in life when we’re both gone.
If you plan on moving out anyways, why not just sell the house? It’d give you a large up front sum of money, and you would never have to worry about maintenance or bad tenants again.
Fair question! Two reasons:
I’m not the picture of fiscal responsibility. Be much more comfortable with a predictable income, especially since I’ll be too old to work.
Selling the house would be a last resort for two reasons. My wife is foreign and would be lost without me. I want to know she will always have a roof to sleep under, no matter what. Two, I really want to be able to leave it to my children, give them a jump in life when we’re both gone.