Brett (Caller)

So I'm in a unique situation.

My wife and I are both 39 years old.

We're debt-free with the exception of our mortgage and a small renovation loan that we just finished up here in Hickory, North Carolina, right outside of Charlotte.

We did get a 15-year.

We renovated an old property with a 15-year and got a very low interest rate.

With the exception of owning about $239,000, we have an investment property in the Smoky Mountains and have owned it and self-managed it as a vacation rental for the last five years.

We're kind of in a unique spot where, given the increase in value properties in the Smokies, we're looking at considering selling it.

And I wanted to get your thoughts.

We do have a second child on the way in September.

We have a toddler now who's two, about to be two here in a few days.

And we really want to focus our time on family, and we're afraid that the investment property has turned more into taking away the value of our life in terms of what we want to do with our time, instead of looking at it as a future investment for us for retirement.

As it sits right now, we bought it at downtime in the Smokies after a fire, which was...

a good time for us then, we would probably pocket around about $350,000 to $375,000.

Okay.

Probably not.

Yeah, good question, John.

And that's part of it, man.

I think there's some emotion tied to the property.

It was our home for a little while.

We actually became debt-free because we were full-time RVers for three years.