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SVTPerformance's Chain of Restaurants
Road Side Pub
anyone own any rental homes?
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<blockquote data-quote="2004TBV" data-source="post: 12766278" data-attributes="member: 130535"><p>I rent my 4 bedroom house out. Its not a stupid idea, but I don't have much experience. Only suggestion I have is have a company manage it for you, this way if you run into legal issues, they will handle it. I say this because I had a renter stop paying and get evicted last April and I still haven't got my money yet. It would be even worse if I had to deal with it myself. Another suggestion is make sure you have enough money in the bank to cover 6 months if rent just incase the remnants fail to pay. Also have another chunk of money set aside for repairs. Good luck.</p></blockquote><p></p>
[QUOTE="2004TBV, post: 12766278, member: 130535"] I rent my 4 bedroom house out. Its not a stupid idea, but I don't have much experience. Only suggestion I have is have a company manage it for you, this way if you run into legal issues, they will handle it. I say this because I had a renter stop paying and get evicted last April and I still haven't got my money yet. It would be even worse if I had to deal with it myself. Another suggestion is make sure you have enough money in the bank to cover 6 months if rent just incase the remnants fail to pay. Also have another chunk of money set aside for repairs. Good luck. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
anyone own any rental homes?
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