All righty then....After all that thought and figuring I've come up with another way.
My goal is to cut down on my living expenses so I can save money to be able to go to Costa Rica with as much of an emergency fund as I can. After looking at things from right side up I decided to look from upside down.
I have a full one bedroom apartment over my garage. I've come to the conclusion that it will benefit me more to move into the apartment and rent my house out. This gives the real estate market a little more time to go back up, so when I sell I can get more for my home. I will still have to put the bulk of my furniture etc in storage, but it gives me a FREE place to live while my renters will be paying my mortgage and most likely the storage, so I will be able to save the amount I normally pay each month!
I have plumbers coming out tomorrow morning to fix the toilet in the apartment and put a new faucet on the kitchen sink. A tiny few more touches and it's ready for me to move in. On my house I still need to have the trim outside painted, and may have to paint some of the walls inside to help rent it faster. I love bright colors, but a renter might not like my yellow walls.
I am in an artsy part of Dallas right across the river from Downtown. The houses I've seen go up for rent in my neighborhood have rented quickly.
I have my eyes on the prize, and I think this is the best answer to get me there.
Pura Vida...
