brought to you by the every dollar app start budgeting for free today i have a question about

me and my wife discussing raising the rent for our tenant next door uh we've lived here 20 years before we

bought the house and the land the owner then didn't have a mortgage so our rent was really low and he didn't

change it for 20 years he did raise it when he was thinking about selling the house and so we

bought the house two years ago her rent was I believe 460 or 465 we raised it when we bought the house to 600. So it's been, and then about a year, a year

and a half later, we raised it. It's at 750 right now. I want to raise it up to 950. Just because I

believe it should be offsetting our mortgage more. Our mortgage was 1350 when we first got it,

and it's gone up to like 1480, something to do with,

something with the ESCRO.

I don't really understand it all that much.

And I know someone else bought the mortgage since we had the first mortgage,

I guess someone else bought it and blah, blah, blah.

And, you know, it's a different mortgage company now.

But it's up to $1,500 and your rent isn't even covering your mortgage?

Not even half of their mortgage.

Why did you guys buy the house?

That's exactly why I asked my wife.

She loves the house because it's got a huge yard.

The grandkids come over and play in the summer and all that stuff, blah, blah, blah.

But it's a house you all don't live in.

So is the tenant just...

No, we do live in it.

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