About christopherkeveny

christopherkeveny's most recent comments:

On 29 Mar 2011 in Are we supposed to feel sorry for this person?, christopherkeveny said:
I am missing something here, this person has about 5k in debt and a 200k house and is 70, that means she was born around 1940 when life expectancy for a woman was 65.8. She need not live all that frugally, rent the house, move someplace cheap.

I disagree that she didn't save. She didn't save cash, she invested in making her mortgage payments and now in effect owns outright a halfway decent rental unit.

Sell the timber land, take that mortgage to zero, while your at it I say, and go to the beauty parlor and ditch the teenage haircut.
On 7 Apr 2010 in Landlords: How Long Before You Lower Asking Rent?, christopherkeveny said:
not much of a pict but here it is
On 7 Apr 2010 in Landlords: How Long Before You Lower Asking Rent?, christopherkeveny said:
We lowered our asking rent in 2006 from 2200 to 1950 for a 3 bedroom 1.5 bath house in Smithtown New York. The comps were maybe 15% higher, but living 3000 miles away we didn't want to be in a position to have a vacancy.
We rented the house to a licensed contractor who intended to stay long term and so far has, outside of a water heater, the contractor has kept the place very well and we have no intent to up the rent any time soon.
We have not been asked for a reduction, and since we're still under the comps, I don't really expect one.

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