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Reply to "Should we have tried to keep our old home as a rental?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Renting as a private landlord is not lucrative - and if your tenant decides not to pay, it takes months and months to get them out with not much success to recoup the lost rent. Just went through this in MoCo.[/quote] I am considering renting my house in MoCo. Do you have any advice how to avoid the kind of situations that you found yourself in?[/quote] I've only rented to military officers for 12 years. Five different officers over that time with never a single late rent payment. All have been great tenants and most have made minor improvements on the house on their own dime with my permission (new light/outlet switches, new outdoor lighting, new keyless entry). [/quote]
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