Loan

What should I ask for rent in comparison to my mortgage I pay on my house?

I want to buy a rental property but Im not sure what rents would be fair .

That’s the whole trick to making money in this aspect of real estate. For it to be most comfortable, you would want the rent (dictated by free market conditions in the rental market, you won’t get more than comparable houses for rent in your area) to, at a minimum, completely cover your mortgage payment.

It would be even better if your rent covered all of your expenses (taxes, insurance, etc.).

It would be best if it covered your expenses and there was cash left over at the end of every month (it can be done!!)

Good luck!

Mortgage Loan Comparison

Ten Trillion and Counting $0.99 …

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