It is no secret that the housing market is down these days and selling your house can actually cost you instead of helping you make some money. The next best option these days is to give up your property on rental basis. Jeff Rose talks all about his personal experience of doing a cost benefit analysis before deciding against selling his house and hiring a property management company to steer clear of the hassles associated with becoming a landlord. It is advisable to look at the taxes and the middle payments associated with selling your property and it is important to consider your mortgage payments, payments to agency and repair and maintenance costs when renting out your place. There is no one solution for everyone.
Posted at Good Financial Cents
