to rent or to sell

I have a house paid $195000 with mortgage $710 per month. The property tax is around $500 per month and the insurance is $100 per month. Now I need to relocate to another state. If I sell now, I will lose around $15,000.

I find a PM who can rent the house out for me for around $1700 per month. The PM charges 8% fee and $50 for mowing.The PM also charges 50% of first month rent.

I also have a family who wants to rent the house. They want to sign two-year contract with $1500 rent per month. They want to do it without PM and take care of mowing themselves.

What option should I take? Thank you very much for your suggestsions.

 

 

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Can you have the 2nd tenant take care all repair after initial w -naive2- 給 naive2 發送悄悄話 (124 bytes) () 03/16/2012 postreply 10:52:20

can I put that in the lease? -skiiiiiii- 給 skiiiiiii 發送悄悄話 skiiiiiii 的博客首頁 (131 bytes) () 03/16/2012 postreply 12:18:45

I believe so. If you like to make sure check your state policy t -naive2- 給 naive2 發送悄悄話 (0 bytes) () 03/16/2012 postreply 12:47:03

這點損失我會賣。 -香香生煎饅頭- 給 香香生煎饅頭 發送悄悄話 香香生煎饅頭 的博客首頁 (0 bytes) () 03/16/2012 postreply 13:25:24

如果你新公司或類似的能負擔部分安置費用,你實際損失可能更小。 -香香生煎饅頭- 給 香香生煎饅頭 發送悄悄話 香香生煎饅頭 的博客首頁 (0 bytes) () 03/16/2012 postreply 13:26:45

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