I own a condo that I use far less than I had hoped. I pay out monthly maintenance fees, upkeep & utilities but unfortunately am not reaping the benefits.
I'm not ready to "give up the dream" yet.
I first considered down-sizing , but after considering fees on a smaller condos, and the 9% Realtor commission fee, It was not worth it.
I was initially against renting out my condo, but have been reconsidering it.
I spoke to a rental agent, and would like to hear some objective opinions and personal experiences.
- Have any others rented out condos/houses before?
- What kind of wear and tear, property damage have others experienced?
- What is the average annual occupancy rate that others are seeing?
- What kind of Utility bill increases should I expect?
Should I rent?
Last edited by DrSteve; 05/29/08 06:46 PM.