Forum Discussion
Halfmast
Mar 18, 2016Explorer
Even after owning it for ten years, my Atlanta-area house was worth two-thirds of what I paid for it. Plus, I wasn't sure about Full-Timing.
I used a Property Management firm (a Re-Max Realtor) to handle renting out the house. They locate and screen tenants - charging one month's rent - then handle everything else for 8%, depositing the rest into my bank account. A Home Warranty covers repairs if needed.
I am an absentee landlord wherever I decide to pull my trailer and have a place to return to if I change my mind about FT'ing or get ill. As my mortgage was paid off, it's a comfortable little monthly income.
I used a Property Management firm (a Re-Max Realtor) to handle renting out the house. They locate and screen tenants - charging one month's rent - then handle everything else for 8%, depositing the rest into my bank account. A Home Warranty covers repairs if needed.
I am an absentee landlord wherever I decide to pull my trailer and have a place to return to if I change my mind about FT'ing or get ill. As my mortgage was paid off, it's a comfortable little monthly income.
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