The great experiment 2008

(Tried posting this with photos before but it didn’t work.)

So this weekend I interviewed tenants for the garden apt of my new house. This is the last phase of the great experiment of 2008: “Can you live cheaper month to month in a four floor rowhouse than in a two bedroom coop”? The answer thankfully is shaping up to be a resounding “YES.” My business is moving into the parlor and paying 1700 per month. The garden apt is getting rented out for a nice monthly rent (also 1700) and so we will be paying approx 750 fewer dollars per month to live in the new house (utilities included) than we were in the two bedroom coop we just sold.

Would love to show you guys some “before” photos but don’t know how to do it here. Will post some “afters” when I have them in a few weeks (if I can figure out how to do it).

But the point is: the economics of owning a two family house can be very favorable when the circumstances are right.

By wasder |