|This is our new house!|
Our new home is in a master-planned community that features fiber optic Internet and is smart-home ready. There is a beach entry pool and cabana as well as miles of walking trails. The lot is 50% larger than the lots we looked at in other neighborhoods. There are no houses directly behind the one I am buying. Instead, there is a pond with a beautiful fountain.
On the surface this would not seem to be a frugal decision, but since 2006 I have built my real estate portfolio by moving into a new house every few years. It's the way I've been growing my net worth. But this time, instead of finding a long-term tenant, I will try AirBnB. From the research that I've done, I am confident we can rent our current house on AirBnb for an amount that will more than cover the mortgage on the new house.
I should close on the new house by the end of July. In the meantime, we are preparing our house for rental. Such an exciting time!