Rent current house or sell?
Discussion
Update:
We've decided to rent, and got a potential tenant lined up, who wants to view the house next week.
I'm gonna keep this thread up to date detailing:
. How much money I'm spending, and what on. (I.E. permission to let, LL insurance, increase in CIC/MDTA, refurb/fixes, no tenant periods)
. Mortgage balance at beginning and at bi yearly intervals.
. Interest paid off at bi yearly intervals.
. Money in at bi yearly intervals.
. Overall profit/loss (Assuming house price stays the same).
Assume there'll be some people interested in this, so it may help someone out :-)
We've decided to rent, and got a potential tenant lined up, who wants to view the house next week.
I'm gonna keep this thread up to date detailing:
. How much money I'm spending, and what on. (I.E. permission to let, LL insurance, increase in CIC/MDTA, refurb/fixes, no tenant periods)
. Mortgage balance at beginning and at bi yearly intervals.
. Interest paid off at bi yearly intervals.
. Money in at bi yearly intervals.
. Overall profit/loss (Assuming house price stays the same).
Assume there'll be some people interested in this, so it may help someone out :-)
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