Should I Escrow Taxes and Insurance

[Richard Prater]

its my first rental sf property.  Should I Escrow Taxes and Insurance in with the mortgage?

[Cassi Justiz]

Some lenders will make you escrow, so check with your lender on whether you have a choice or not. 

I am in the process of moving my taxes and insurance out of escrow accounts. I would rather put the money in a high yield savings account and earn interest than allow a bank to hold it for me. But when I first got started I was afraid of having one more thing to keep up with. So it's up to you. Escrow makes it easy, but there are benefits to not escrowing if you have the mental capacity to keep up with it.