. Perhaps also to give the kids some kind of a head start (but we don’t know how much we subscribe to that given that myself and my spouse were never handed anything). We
I don’t buy that thought frame, we have it way more easier than the up and coming mob. I didn’t get anything handed to me either, but there’s no way I could aspire to achieve what I worked for now days I can tell you.
I have a daughter living in a rental property of mine, (in a nice part of Dublin and, paying a reasonable fee course) she loves her independence, and is comforted in the sense that she won’t get turfed out. She’s 26 works ferociously hard and has a fantastic paying job. There’s no way she could afford to live there even on her decent salary. Im glad I can help them out. Her friend is a qualified barrister, and earning good money, yet she has all but given up on securing a decent property in Dublin to buy.
The point I’m making is that they grow up fast, and with property, there’s more peaks than troughs. So, even though my saying, when it’s gone, it’s gone is irksome to some contributors here, I’m reluctant to advise selling unless your heart is not in it anymore.
As regards having to put money into the property, well that’s the joys of owning a property. It’s keeping an investment in good order for the day you sell. It doesn’t go to waste, and, Your existing tenants seem like the ideal people to look after your investment for the foreseeable future. I wouldn’t spook them unless you need to.