Does anyone have a rental property? Due to my moms health we might be moving back to their house during the foreseeable future but don't really want to sell my house so I've been debating on renting it out for a year. What are your pros and cons to doing this if you do and how did you know what the price set was. What all did you include in the rental price? I.e.-gas, water, lights? Anything like that?
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My thing is we barely were able to get this house due to credit. So I'm lucky we have it I don't want to sell it and if my mom passes after a year and have no where to go
I agree with @rhia the ppl that rented my stepdads house before us had not paid any rent in about 6 months and when they were told to move out they left the house a total mess. Trash, clothes, toys, food everywhere. It in my opinion it is not worth it to keep it but it could potentially be some extra income.
I'm in Texas and some houses near me go for 1600. I think I'm going to go talk to a realtor who's a family friend my house is 3 bed 2 bath we remodeled it. And it's about 1450 square feet. I just don't know
Really depends on where you are living and what not we lived in Nc in a mobile home about 6 years ago paid 750 then rented a duplex for 800 that was 2 bedroom 1 bath now living in my stepdads house in tx 3 bed 2 bath for 1000 but I know for a fact that is a huge discount you want to be able to pay the property taxes and still save just incase something expensive breaks down
That does help can I ask what size house and about how much did you pay monthly
Idk if this helps but every house I have rented we were responsible for the utilities and the owner would be responsible for if anything went out like the Ac unit, refrigerator, ect.
Okay if rented would you include the security system price and keep activated or deactivate and if they want to attach to the system they can?