If you’re ready to take on these challenges, this guide will help you rent out your house with confidence. For new landlords, ...

Renting makes sense when retirees move, allowing for less commitment and more flexibility before purchasing a home. In ...

If your rental home measures 1,800 square feet, for example, you are looking at $1,800 a year in repair and maintenance costs. Say you are renting a $300,000 home for $2,000 per month. The 20% ...

$0 $0 Recurring costs Ongoing costs are the routine expenses you pay monthly or yearly to live in your home. For example, monthly rent or mortgage payments, insurance, taxes, and maintenance.

For many people, the American Dream involves owning a home. Instead of paying thousands in rent each month and dealing with ...

Although you make $50,000 a year, the amount you have to spend—your take-home pay—is less. Another issue with the “40 times rent” rule is that it is a general rule and doesn’t take into ...

Selling might be the better option if you need the proceeds to pay for your next home or stand to make a large profit. Renting it out could be a good choice if you are looking for additional ...