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Reply to "selling family home, kids are guilting us "
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[quote=Anonymous][quote=Anonymous]Why sell? Rent it out. We own 4 properties and plan to never sell any of them. [/quote] Because being a landlord sucks. Sure it could go well and you could make money. But ultimately, most renters are not careful with the property, don't tell you about minor issues, so when something happens it is major. You could easily get terrible renters and have them "destroy" the house, causing you thousands to repair (and years in courts to get any money beyond the deposit). Not to mention financially, your renters could go at the end of a lease, and it could take you 3-6 months to find new ones potentially. Costing your thousands. [/quote]
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