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All Forum Posts by: Calla Gruss

Calla Gruss has started 4 posts and replied 13 times.

Hi all,

I have some very rudimentary questions about what I can expect in renting out my 3 bed/2 bath home and becoming a landlord.This home is in the north Atlanta region in a very middle class swim community neighborhood

1: Specifically, I am interested in what SHOULD be charged above the mortgage and escrow to make this a viable option as an investment property. Just wondering if there's a quick "rule  of thumb" I should follow. My mortgage and escrow combined is $841 per month. 

2: I have no experience as a landlord. I am planning to move approximately 2-3 hours north, so my expectation is that I would not need a property manager. Would it be realistic to manage a rental as a newbie from that distance? 

Thanks in advance. 

Calla

Do you get all of the classes for the price of $997? Are these the only dates?

Post: Bi-Monthly Rent

Calla GrussPosted
  • Buford, GA
  • Posts 13
  • Votes 0
Originally posted by @Tyler Hodgson:

Thanks for the input everyone. 

We intend to allow the bimonthly payments, amend the lease, and adjust the rent up slightly for the added risk and admin work.