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I was going to create some sort of Ask/Tell thread about the subject, but I suppose this thread works just as well. Can anyone tell me what it's like to buy a home and rent it out? Is there a strong demand for it? Who are the typical tenants? Some guy who lost his house because he bought something he couldn't afford and needs a place for his family? A young family that wants a house but isn't ready to have a mortage? A military family who travels a lot? I'm only 20, but I have a great job and very little expenses (I still live at home), so obviously I'm in a pretty good position at the moment, but I work for a small company, and while I feel my job is pretty secure, it's still a little scary to get wrapped into a mortage at this stage of my life. However, I've got money in the bank right now, and I'd love to do something with it. I'd like to give it another year of saving before I would act on this, but I worry the housing market will rebound and I won't get as good of a deal. Any feedback would be appreciated!
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# ¿ Jun 15, 2009 16:04 |
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# ¿ May 3, 2024 21:20 |
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Looking at a house now. Found this warning in the electrical panel: Does anyone have any idea if this is a big deal? I'm trying to talk to an electrician but not having any luck.
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# ¿ Jun 4, 2013 14:27 |