Trading home for RV.
Thinking about going full-time, but want to get rid of our house so we don't have a lot of overhead while travelling. I was thinking about doing a trade for an RV from someone who wanted to give up RV...
Forum Discussion
Pangaea Ron wrote:
Think long and hard. An appreciating asset traded for a depreciating asset?
It seems like it would be hard to get back in the game if the full-time thing didn't work out. I know that lots of folks make it work, but I'd not be comfortable with that.
Would the house have to be overhead? Could you rent or lease it out? I've not done the actual calculations, so this may be questionable advice?
i would recommend getting a real estate company to take care of your property and rent it out. this will not only give you some peace of mind it will also keep your asset for the future.
my experience tells me that is the way to go, since i own a few, and that is my income until i retire in 16 years.
