I now own 2 houses

[corn18]

I was looking at my net worth spreadsheet and that's when it really hit home that I currently own 2 houses. Closed on the one in TX last week and the one in OH goes on the market after the new year. $1.25M in homes. $990k in mortgages. $7,100 / mo in mortgage payments. Feeling a little exposed until we get the OH house sold.

[disneysteve]

Congrats on closing on the new house, and good luck for a quick sale on the old one.

[bjl584]

Hopefully you can sell the OH house quickly.
Where in OH is it?
My mom lives there, and the area that she is in is a slow moving market.

[corn18]

Cincinnati

[bjl584]

She is near Youngstown.
You'll probably have an easier time selling than she would.

[kork13]

I had the same moment when we moved here to Alaska 2 yrs ago. 2 homes worth $600k, and $430k of mortgages at $3500/mo... That's a large part of what motivated me to pay off our rental house, and we're now down to just the current home's $290k mortgage. Good luck on the upcoming sale!

[james.hendrickson]

Kork13, I love your profile icon. Every time I see that penguin, I think...how cool.

[scfr]

If you'd like a 3rd, I've gone one to sell you. You know ... expand your Texas real estate empire ...

[disneysteve]

Just curious, why waiting until after the new year to list?

This post is nearly a year old and was bumped up by a spammer.

[disneysteve]

riverwed070707 My apologies. I accidentally deleted your post instead of the spam post. I don't think there's any way for me to fix that.

[~bs]

great work!