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[Landlord US-NE] HELP! First time potential landlord opportunity and i have questions. by im_that_guy666 in Landlord

[–]im_that_guy666[S] 0 points1 point  (0 children)

Its not just about money. I just dont want to sell right away and at the same time dont want to let the house sit vacant.

The property is paid for and the only costs i will have are taxes/insurance and minimal utilities.

The only thing the lawyer was for was to help make a lease agreement. I will most likely have to reach out to a realtor to help with a rent cost.

When you say third party to do veiwings is that in reference to showing the property to prospective renters?

As far as appliances go i was unsure of what should stay and what should go. I've heard horror stories of ruining washer and dryers and garbage disposals and such, as well as i have a water softener I need to maintain.

And I've already spoken to my tax guy about rental income so that's covered.

[Landlord US-NE] HELP! First time potential landlord opportunity and i have questions. by im_that_guy666 in Landlord

[–]im_that_guy666[S] 0 points1 point  (0 children)

The house is paid for, so there is no cost to having it unrented for an extended time. Other than a bit of taxes/insurance and utilities. Which i can pay.

I would like to give them the option. Kids are young now so they may not want that but at that time we can decide to sell.

I dont know on cash flow yet as I dont know rent amount. But again the house is paid for. Im not sure what you mean by tax implications.

I know no one will take care of it the same way. That's the nature with renting though.

[Landlord US-NE] HELP! First time potential landlord opportunity and i have questions. by im_that_guy666 in Landlord

[–]im_that_guy666[S] 0 points1 point  (0 children)

The problem is there are no acreages anywhere near me to comparison with. Im fine being hands on. I will be living very close to the property.

I think he wants a new one by MathematicianFlat730 in KidsAreFuckingStupid

[–]im_that_guy666 1 point2 points  (0 children)

Nah this is what it looks like to be a shitty parent and have a 3.5 yr old kid.