bigmouth
You know I don't speak Spanish!
Hey everyone,
I want to buy a house real bad (for the investment opportunity), but I might have to up and leave a year after moving. How easy is it to just hand your home over to a property manager (to rent it out) and let them deal with it?
How many upfront expenses go into that, and what kind of commission do the managers take per month?
Is it typical that you have to dish out a mortgage payment on your own a couple of times a year since there may be gaps between when tenants move out and in.
Overall, is it a good idea to rent out property when you will be thousands of miles away and cannot supervise it?
Thanks. :icon_tong
I want to buy a house real bad (for the investment opportunity), but I might have to up and leave a year after moving. How easy is it to just hand your home over to a property manager (to rent it out) and let them deal with it?
How many upfront expenses go into that, and what kind of commission do the managers take per month?
Is it typical that you have to dish out a mortgage payment on your own a couple of times a year since there may be gaps between when tenants move out and in.
Overall, is it a good idea to rent out property when you will be thousands of miles away and cannot supervise it?
Thanks. :icon_tong