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Why not rent it? If you got it really cheap just rent it for the cost of the property taxes.
by gaadd33 13y ago
Why not rent it? If you got it really cheap just rent it for the cost of the property taxes.
- burritocop 13y agoRenting includes a number of financial and legal responsibilities. Bad tenants can be a nightmare. I don't really want to risk having to deal with that drama. Right now I'm thinking I'll just have to sell the house at a loss. Not really so bad. It won't be a tremendous loss and I have lived in 3 years. I guess in the end it would have been the same had I just rented. Previous to this I did rent for a long time and hated that. I really am serious about the van thing.
- gnoway 13y agoHave you looked into working with a property manager? They do all the screening and tenant management stuff for you. You give them a fixed percentage of the rent and I guess you're the wallet for repairs, etc. Unless their take of the expected rent would result in a negative cash flow for you, it seems like a better option than selling at a loss.