I'm disabled, on a fixed income ... and yeahhh that means I really kiss the poverty line. I make well under $10,000 a year. I'm counting what actually hits the bank - not what's on paper and then they make deductions for health care.
My childhood home? Why would you sell your childhood home, Jean?!
The biggest option I had for holding on to it was to rent out the two bedrooms, which could use the hall bath exclusively, and which were connected, actually, so I could do a mom and kiddy (s) deal. Let's see what type of rent I could possibly generate for this, based on Craigslist, that would match what I had:
One unfurnished large bedroom and share bathroom (rent $685)
>> Central Air & Central Heat.
>> Plenty of closet space
>> Living room , kitchen, refrigerator, range/oven, dishwasher.
>> Safe area with plenty parking spaces.
>> Conveniently located near NJ turnpike, rt.287, rt.1, rt.18, .
$765/month + half utilities and security deposit required.
-- Place has washer and dryer, central AC/heat.
$750 I am looking for a roommate to rent out a room in a large ranch house. All utilities and amenities
included Must be clean and responsible.
$750 month : Rent includes all the utilities. Private Bed-Room is big enough to
share between two people and rent will be differnt if two people will
share the room. Easy
commute t any major highways. Quit neighborhood and a huge back yard
for summer outdoor activities. House has a dinning room, laundry room
(dryer and washer included) and also a kitchen. plenty of storage
Large room share bath and storage with one . Rent 750.00 per month
Large room, full
bathroom next to bedroom Room is cable/internet ready, A/C with lots of light,
Access to kitchen, yard as well as washer and dryer can be discussed. Ideal for professional, grad student, or even airline industry workers who need a place when in town.
MUST be pet/dog friendly.
$800 includes utilities
So, on paper at least, I could have swung the taxes - not the utilities, not the upkeep, not the oh my God something ELSE broke now! - with about ten months rent IF I had a consistent tenant ... but that's not the least of it --
At that time, I had just tossed my daughter out on her ear - for bringing drugs into a sober house. Sneaking them. And alcohol. This is after the hookup guy who brought cockroaches in his backpack (another story, that one) ...
So - if a relative did that to me - why would I want to rent to a complete stranger?! "Stranger Danger" ;-
And so I sold.
And so I am a nomad.