TV Absentee Landlords
As I sit in Oregon and think about my options.... (can't sell right now), (could wait until :dontknow: I sell), would it be practical buy property in TV now and rent it out, or let it sit vacant with a manager -- that's where I need some advice.
To all the TV landlords who don't live on their property (except to visit occasionally) if it's not too personal, may I ask for details - like who manages your property? What's the bottom line on cost for management? Assuming the property is F&C, can I assume total maintenance runs around $1,000 per month PLUS the management fee ?
As I recall reading somewhere on TOTV..... some people who do this, break even if the place is rented, if not - what would be a realistic figure for the cost of this endeavor?
THANKS for any answers ;D
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Born in Coney Island, Bklyn NY. My first apartment on my own was in The Village NYC. Now I live in The Village Walk, Sarasota FL
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