Quote:
Originally Posted by Nocsucow
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This will actually be my second home. Not sure if I should rent the one I'm in now, out or put it on the market
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Most areas right now have a great market for renting out properties because all those people who got foreclosed on in 2009-2012 won't have the credit/spare cash to buy a new place for several years yet. I have a buddy that is on his 4th or 5th house now, owns the rest outright, and rents them all out.
If you rent it, do not, under any circumstances, accept section 8 tenants. Renting can be profitable if you pick up some good tenants.