Managing Your Property
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 6 months ago, 06/20/2024
Cheaper rent than mortgage Tampa area
Hi,
I recently bought a townhome in temple terrace Tampa in 2022. I am looking to rent it out but the mortgage including the HOA is 2,000. The market in the area seems pretty competitive with some nice apartments costing around 2,000 for rent so I am considering renting it out for cheaper maybe 1.8/1.9 so it doesn't sit too long on the market. The townhome itself is decent but nothing high end. Hoping to get some insight from some more experienced investors?