Sell. I rented my house when I went to MI for work........ I made a big mistake. Fortunately no serious damage, but they were only in it a year. Sell it........
Same here in WV, if you evict them, the court automatically gives the renter 3 free months unless you have a signed contract.Yeah, the thing about state laws for landlords and for renters. Here in WI it's heavily weighted to the renter. And if you win in Civil court? Here there is no way to force collection...... So you spend money to 'collect' on paper.
Sell
Here if you have a lease, you can give 30 days, but there is no way to evict them on your own, it takes a court order, and the sheriff to do it. and, you have to pay for a storage locker for their belongings......Same here in WV, if you evict them, the court automatically gives the renter 3 free months unless you have a signed contract.
Really, a storage locker?Here if you have a lease, you can give 30 days, but there is no way to evict them on your own, it takes a court order, and the sheriff to do it. and, you have to pay for a storage locker for their belongings......
Yeah, I started looking into the law once I was settled in MI and the renter was always late. The laws here in WI are stacked on the renters side.Really, a storage locker?
In Ohio, once you have a set out date, you call the sheriff, they will come in with you. You can set everything to the curb.
I've seen and done it. Even set a john boat on the curb once. I've never taken a thing from any of the renters, but I've seen their things get plundered by others. The cop just stands there and lets it go down.
i did not know that ,cool”And by paying mortgage insurance for 7 years? ”
I got my mortgage over three years ago and no mortgage insurance.
As vet he should look into it.
Respectfully request advice:
I retire from the Navy in March.
I have a 4 bed room, 2 bath house here in the South East corner of Georgia.
Built: June 2006
Mortgage paid since then. Currently $1150 monthly @ 4.5% interest. 3 bedrooms are selling for $180K, which is a bit more than I paid for it.
??? Should I sell the house or struggle with renting it??
Renting would include 10% management fees & some other problems could come up that I have not thought of.
I have a place lined up costing me $500 a month in San Antonio when I retire. Parents are 73, 66 in SATX & most of the family is there.
I probably will inherit allot as I live there.
House is completely repainted, new water heater, but would probably have to buy new appliances if renting.
Is the investment & headaches worth the long term profit?
The military living in the area bring the money into the community (am at 1 of 3 relatively close bases) and the people usually rotate every 3 years.
I think you made the right callSELL IT IS!!!
-again thank you!
And a few extra bucks for you to get spelling lessons...I think you made the right call
Feel free to send us each a percentage of the profits for the good advise
Tell you what junior, when your Dutch is as good as my English, I'll let you poke fun of meAnd a few extra bucks for you to get spelling lessons...
It’s “advice” not “advise”.
Nope...you are in America now. Get it right.Tell you what junior, when your Dutch is as good as my English, I'll let you poke fun of me