We're considering renting out our house here instead of selling it (at a loss) to Mark's employer. There's a high likelihood that Mark will be transfered back here eventually and then we wouldn't have to go house hunting again when we get back here. And we REALLY like our house and the neighborhood.
We've never been "landlords" before. Readers, have any of you been through this? Any good experiences? I keep hearing of not-so-good experiences with tenants.
And to my local friends... do you know of a family looking for a house to rent?
All of this makes me just a bit nervous. I don't know what direction our economy is heading. Real estate used to be an investment, but now I see it as more of an expense. So why would we own TWO houses is an uncertain economy?... I'm open to comments on both sides.
1 month ago