We live in a very unique area where service oriented occupations are pretty scarce and those that are here somewhat lacking......but I speak more from rumor than experience.You can usually find a good property manager for 15% of rental income and a gardener for $300 monthDON'T SELL !
I understand the value of real estate, and where we live only so much can be developed and then its gone, so in effect in has its own hedge against market trends.
Because of my age, I hesitate, not wanting to add another burden of responsibility to my wife if I die.
Funny thing she is GREAT with paying our bills (we both have 850's credit) but freaks out with taxes, investing, etc, and doesn't even want to hear about it...... prolly dig up my casket just to yell at me why I did it to her
I think if I called in the kids and shared with them the "options" on the table, might be very useful, as all of this will be their inheritance anyway......
Thanks for your nudge
