Get rid of the rental and use all the money you keep plowing into the rental to pay down your current mortgage. The amount you're spending can't possibly be offset by the rent you're getting or the equity you're building... -Curt
On Saturday, August 8, 2020, 2:56:36 PM EDT, Kaleb Striplin via Mercedes <mercedes@okiebenz.com> wrote: The previous issue was from what appeared to me water intrusion from around a window. As I started pulling up more tile the rot just kept going. I figured out what the cause was. The renters did not have their washing machine connected properly and water was constantly leaking behind it. I suspect it might have been leaking down the wall at the washer connection. Entire floor along that wall where washer sits is rotted out. Will have to remove all the tile from the room and cut it out and replace. I did not go that direction under the house so could have rotted floor joists as well. Also, plan is to sell the rental in about 3 years and take equity and pay off/pay down our current house then refi what is left into a 10 year. Sent from my iPhone > On Aug 8, 2020, at 1:49 PM, Rick Knoble via Mercedes <mercedes@okiebenz.com> > wrote: > > Kaleb says: > >> Area is very moist and the crap particle board they >used for sub flooring >> just soaked up the moisture. > > Didn't you have water issues from the roof or something a while back? > >> I’m sick of messing with this house and about >ready to just dump it for >> whatever I can get or let >the bank have it. > > Sell it or sell your current house and move back in to this one.... You could > probably pay off where ever you want to live with the proceeds. No house > payments would go a long way to building a retirement or buying a 201x E250. > > Rick > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com