LogFAQs > #979111615

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TopicAny landlords on CE? Specifically for a single property
AngelsNAirwav3s
02/29/24 12:24:16 PM
#2:


I highly recommend renting out your old place, especially if it has a low interest rate, assuming you can get enough in monthly rent to cover your mortgage payment.

I use a property manager and it is super easy, they take care of everything from finding the tenants, collecting rent, organizing all the maintenance. I just get a monthly statement and update from them. Taxes are also pretty easy, I just update a spreadsheet once a month with all the costs broken down into the categories on the tax form (can't remember which one it is), takes like 10 minutes a month.

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