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re: Should I rent out or sell my house.

Posted on 8/22/16 at 8:58 pm to
Posted by shoelessjoe
Member since Jul 2006
11503 posts
Posted on 8/22/16 at 8:58 pm to
Only reason i said concrete drivway is because a lot of rental properties i have seen have gravel if that and it gets nasty. I have no mortgage on house. Brand new central unit. Home is in the Thibodaux area.
Posted by Chad504boy
4 posts
Member since Feb 2005
179859 posts
Posted on 8/22/16 at 8:59 pm to
I'd rent and milk it for a little while
Posted by Lester Earl
3rd Ward
Member since Nov 2003
291629 posts
Posted on 8/22/16 at 8:59 pm to
it's a trailer, isnt it?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 8/22/16 at 9:00 pm to
Now this, this is a quality OT thread
Posted by BRgetthenet
Member since Oct 2011
118270 posts
Posted on 8/22/16 at 9:00 pm to
Is it a Dichary?
Posted by Sterling Archer
Member since Aug 2012
8467 posts
Posted on 8/22/16 at 9:01 pm to
If you think you can find a good renter then I'd rent.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 8/22/16 at 9:54 pm to
If you do not have the cash to do emergency repairs then sell it. If you have the cash or ability to do emergency repairs rent it.
I would maybe find a friend that is a realtor and ask them what your house would rent for.

If you want a good longterm tenant which is hard to find look for elderly people. You may have to work with them more on the rent. At the end of the day they put less wear and tear on your house and typically do not want to move. When I find these people I work with them to keep them because they are on fixed incomes.

Younger couple with kids or section 8 tenants are typically rougher on your property. Now you can demand more rent per month. At the end of the day it maybe a wash because of the repairs.
This post was edited on 8/22/16 at 9:55 pm
Posted by PairofDucks
Member since Jul 2016
4992 posts
Posted on 8/22/16 at 9:57 pm to
I've rented for about 10 years.

It's not without its stresses or expenses. I have a few months left, but I'm putting it on the market. Life is too short.

Your mileage may vary.
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