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Gerbs · 10-30-2024, 11:03 AM

Renewal is up in < 60 days, total housing costs will be close to $3K/month for a 20 year old 1BR in Van. If I rent my place, I can net $6K/year pre-tax. Equity can net around $20-24K/year average index gains.

A few of my friends are going full-equity and renting cheaper places. We all plan to upgrade to duplex/TH ($5-7K/mo) in the next 3-5 years with future partner. So there's no incentive to go from 1BR to 2/3BR.

I'm thinking about doing the same so I can be more mobile, try living in new areas and potentially new cities.

Anyone else liquidate their only PR for a short period of time? Everyone is saying no but math makes sense to me.

10-30-2024, 11:03 AM	#33499
Gerbs OMGWTFBBQ is a common word I say everyday Join Date: Nov 2010 Location: / Posts: 5,453 Thanked 3,218 Times in 1,269 Posts Failed 264 Times in 80 Posts Member's Picture Albums	Renewal is up in < 60 days, total housing costs will be close to $3K/month for a 20 year old 1BR in Van. If I rent my place, I can net $6K/year pre-tax. Equity can net around $20-24K/year average index gains. A few of my friends are going full-equity and renting cheaper places. We all plan to upgrade to duplex/TH ($5-7K/mo) in the next 3-5 years with future partner. So there's no incentive to go from 1BR to 2/3BR. I'm thinking about doing the same so I can be more mobile, try living in new areas and potentially new cities. Anyone else liquidate their only PR for a short period of time? Everyone is saying no but math makes sense to me. __________________ 2022 Velo N 2005 S2000 2007 CSX Type-S [Sold] 2002 RSX-S [T-Boned]