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Updated about 5 years ago on . Most recent reply

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4
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Joshua Towry
0
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4
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beginner rental question

Joshua Towry
Posted

Hello all!

  So me and my girlfriend are doing our studying up on the world of real estate.. we own a property in the west suburbs of chicago, and are looking into moving and renting the home we are currently in.. we currently pay about $720-750/mo.. we could potentially rent it for about 1.2-1.3k/mo.. is that something i should think about doing? we mostly have the resources to get another place for us to stay.. is there anyone that could offer me some advice or send a link my way to give me a little bit more of a heading? im pretty new to all of this.. thanks for all the great info on this site and much love everyone!

Josh T.

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125
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Joshua Haynes
  • Aurora, IL
39
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125
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Joshua Haynes
  • Aurora, IL
Replied

Remember to factor in things such as vacancy, insurance, repairs, etc. To me it doesnt sound to bad to make the move

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