Couverture de Leasing Your Home When The Rent Is Lower Than Your Mortgage Payment... Episode 266

Leasing Your Home When The Rent Is Lower Than Your Mortgage Payment... Episode 266

Leasing Your Home When The Rent Is Lower Than Your Mortgage Payment... Episode 266

Écouter gratuitement

Voir les détails

À propos de ce contenu audio

Leasing Your Home When The Rent Is Lower Than Your Mortgage Payment...

... it definitely seems like a MAJOR problem but it doesn't have to be

there are a growing number of "Accidental Landlords" out there

homeowners that never planned to rent out their home

are finding themselves in a precarious situation where they might just have to

it usually happens when the owner does not have sufficient equity

to sell their home in the current real estate market

and most don't want to (or can't) bring cash to closing to make the deal work

so they end up trying to rent out the home

and list the rental price high enough to cover the mortgage payment

in many cases they find that the home sits empty

and they are forced to lower the rent to the market rate

every month its unrented is money that is lost forever

what if that the rental price ends up being $200 less than the mortgage payment

it doesn't have to be the end of the world

as there are 3 specific ways to win

1- The mortgage balance is most likely going down by at least that much each month

2- the property value will likely go up 3%-4% over the next year

3- you can get a write off on your taxes for depreciation

tune in to today's show as we break down all the details

Aucun commentaire pour le moment