Thursday, October 22, 2009 2:17:42 PM
Wife and I had quite a number of rental houses, but while we both were teaching school full time and with always a pocket full of chores on the houses at the end of each work day, we sold out over a couple of years finishing up in summer of 2007 when people were paying stupid money for every house out there and getting financing with ease, too. In summer of 2006 I saw how every appraisal was coming in $1000-$1500 over the sell price and knew something wasn't right (not smart enough to use the term, "bubble" then) but we put everything except our own house on the market and had all but two closed within a year. Those other two we have on Contracts for Deed and are sold to families we have known for many years.
I hope IDCC works for you and so do your houses.
robj
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