First time landlord, totally new to renting out my place. Would all you prefer a recommend investing in a property management company to just get things started year one, and then once I'm comfortable handle it on my own?
If I put some time into it I could figure it out, I think, but I just started a new job and haven't really had a chance to look into lease, how to manage the income, being available for viewings etc. It's about 10% monthly fees. I could pay zero, but outsourcing is tempting..
If the numbers work, always a good time. But unless you get a helluva deal or use a lot of cash, the numbers probably won't work.
Subject Expert
Not the best time, but if the numbers work, then it’s great! A refi in a few years will turn a good investment now into a great investment later
Subject Expert
Easy? Sure. The refi process is fairly easy as long as you have equity. It all comes down to the numbers - cost to refi vs monthly and/or overall savings. It’s a simple math problem
Yes. I'm buying with hopes to refinance in the future