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Real Estate
Reply to "Best way to rent out a SFH"
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[quote=Anonymous]Manage the property yourself if you can. We hired a property management company and it proved to be a complete nightmare. After about 2 years we decided it wasn't for us and sold. Alternatively, my in-laws rented to the same tenants for years without issue. If you're not dealing with multiple units, I think your experience can be pretty hit or miss. It's one thing if you have 10 units and couple of not so great tenants. The risk is a lot higher when you're only renting one SFH. If you're retired and have nothing else to do, go for it. Otherwise it is hardly "passive" income and you should proceed with caution.[/quote]
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