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Updated almost 2 years ago,
First Rental Property
Hi everyone,
I am looking for some insight on how to best prepare to keep my current residence as an investment property. I’ll most likely be moving in about 2 years and I’d like to use this as a rental property if possible. It’s a single family home 3 bed 2.5 bath 1500sq ft. The issue is that the current mortgage is about $300 more than the average rent/month for comparable homes in the area. I also recently thought about Airbnb but I have zero experience on renting a property or listing one on Airbnb. Any recommendations on what people have done in the past would be great! I really want to keep the house long term for the equity. Thanks!