u/wrecked-galaxy

Did I make a mistake renting out my house?

Did I make a mistake renting out my house?

About 6 months ago I got a really solid job opportunity in another state, so I ended up moving pretty fast. At the time I didn’t want to sell my house because I thought there was a decent chance I’d move back eventually, so I rented it out through a mutual connection. In hindsight, that was probably not the smartest decision.

The job ended up going way better than expected, and my company recently extended my contract for another 5 years, so I’m probably staying here long term now

This weekend I flew back to check on the house for the first time in a while, and I genuinely barely recognized it. For a second I thought I had the wrong address…

There are holes punched in the walls, the floors are completely trashed, cabinets hanging off the hinges, garbage everywhere… the whole place smells like cigarettes, beer, and mildew spots are also everywhere. I rented it to what seemed like a totally normal family, but it honestly looks like people were partying there nonstop

What really gets me is how fast it happened. Six months. I still can’t wrap my head around how anyone can destroy a place that badly in such a short amount of time

Now I’m stuck trying to figure out what makes the most sense. I live out of state, my job has me traveling constantly, and the idea of coordinating repairs and dealing with contractors from across the country sounds miserable. Part of me feels like I should just cut my losses and sell it as-is so I can move on with my life

I looked into various options, including cash buyers, because I wanna be done with this stress. Saw ready door homes while researching, but I’m still trying to figure out what makes more sense

Did you regret selling quickly, or was the peace of mind worth it in the end?

u/wrecked-galaxy — 1 day ago
▲ 245 r/camping

what’s the weirdest thing that happened at your campsite

Like I once woke up to find my food bag completely missing… and later saw it hanging in a tree way too high for any human to have placed there easily. Still not sure what kind of animal pulled that off.

What’s the weirdest or most unexpected thing that has ever happened at your campsite?

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u/wrecked-galaxy — 16 days ago

I’ve noticed mine seem to go for some scraps way faster than others. Banana peels disappear quickly, while other stuff just sits there longer. Not sure if it’s preference or just how fast things break down

Have you noticed clear “favorites” in your bin?

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u/wrecked-galaxy — 20 days ago

A few years ago I bought an apartment in Melbourne as an investment while the building was still under construction. Back then it felt like a no-brainer. It was a shiny new development, good location, and I thought that rentals would basically take care of themselves. I figured by the time the settlement came around, finding tenants would be the easy part.

I seriously underestimated how much work subletting can be. Between inquiries that go nowhere, people canceling at the very last last minute, and trying to figure out the right rent price without scaring people off, it’s been way more hands-on than I expected. I thought I’d just list it online and call it a day, but it’s turned into a full time job. I even like an real estate agent at some point

So, after going into nowhere with my plan, I thought about handing it over to an agency because I’m realizing I probably value my sanity more than saving a management fee. I was looking into local agencies since they seem to handle a lot of central district properties, and I liked that they include floorplans in listings. TBH, feels like it helps people decide pretty quickly if a place fits what they’re after instead of wasting their and my time with endless showings

I’m just curious how other people deal with subletting investment properties. Do you manage everything yourself, or is using an agency worth the tradeoff?

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u/wrecked-galaxy — 22 days ago