Jenny and Myke White share their experience of purchasing a new home and transitioning their former primary residence to a rental property.

Key Points From This Episode

Myke and Jenny update us on what they've been up to with their new primary residence.
Talking about their decision to keep their old house as a rental and why it was a good fit.
Walking us through the numbers of payments, cash-flow, and rent expectations.
Having seller's regret for their house in Washington.
They walk us through using a VA loan to get the most bang for their buck.
Being patient in the hot and competitive market for the right opportunity to come up.
How they landed their new primary residence with it's mother-in-law suite.
Clarifying the floor plan layout of the in-law suite and how it differs from a duplex.
Discussing Airbnbing the suite and what permits are needed in their area.
They share their plans and multiple exit strategies.
Some top advice for anyone wanting to do a short-term rental as part of the primary.
Decisions on cleaning and tenant/guest management if the Airbnb route pans out.
Making sure the big picture works first and then figuring out the details.
Some of the things they've learned and how it's changed their criteria for future houses.

Links Mentioned in Today's Episode

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