What would you do if a rental property ends up in your possession, will you hold on to it or sell it? Outsource the management or have a hands on approach? Will you be ready for the tenant, trash and toilet problems? Being a landlord is a big decision specially if you are moving out and want to make your current home more profitable for you.

To determine whether you are ready to rent out your property, you can use these questions as a guide in making your decisions:
• Is your property worth hanging on to?
• Are you at ease with strangers moving into your home?
• Are you ready to handle tenants and still face your day job?

This entry was posted on Monday, February 11th, 2008 at 4:44 pm and is filed under Guide. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.