OT x-post: Any landlords here?

waitinggame
on 8/4/09 12:30 pm - Bowie, MD

Hey there! My husband and I are thinking of moving, but we only have 3 years left on our mortgage, so we are thinking of renting this place. I was wondering if anyone has any thoughts on it. Are we crazy? We live very close to 3 major military bases and were going to concentrate our marketing efforts to military members, so hopefully we'd be able to find some decent renters, but I'd love to hear any stories (even horror stories) or advice.

Thanks so much in advance.

Denise

Check out my blog--menumealplanning.com. Tales of making meal planning managable, family fodder, and everything else under the sun.

RNY 2/3/09, LBL/BL w/Augmentation 9/16/11
Start weight: 335 Current weight: 185 Goal weight: Whatever the hell I can maintain without driving myself insane!

*6.5 lost preop

lbsadropping
on 8/4/09 9:10 pm - Crofton, MD

RNY on 11/18/08

Am a landlord for over 25 yrs and a MD realtor. We had properties in the Pax River area and we rented to base officers. Post the rental info and pics on the base housing board. Call base housing for assistance. If the property is in good condition, I would stay at the top end of the rent market. Everytime you have a move-out, the re-rent repairs and redo's will cost approx 2 mos rent. less a their deposit.
Meade housing is at a premium and you can define your troubles and problems by the rent you charge. Also, if you leave the area, you ARE GOING TO NEED A RELIABLE HANDYMAN
Most landlords quit because of repair overload and bad tenants. those who can deal with these areas become wealthy.
Good luck

waitinggame
on 8/4/09 10:46 pm - Bowie, MD

Thanks for the suggestions. Thankfully, I have not one, but two awesome handymen. We will still be close enough to deal with things though--just across the Bay Bridge. I agree with your thoughts on the rent price. My brother suggested low balling the "competition" to get a quick rental. I say if they want my new windows, a/c, water heater, brand new bathroom with another done a year ago then they can pay a fair rent.

Here's to hoping I can deal and become wealthy!!

Denise

Check out my blog--menumealplanning.com. Tales of making meal planning managable, family fodder, and everything else under the sun.

RNY 2/3/09, LBL/BL w/Augmentation 9/16/11
Start weight: 335 Current weight: 185 Goal weight: Whatever the hell I can maintain without driving myself insane!

*6.5 lost preop

Boxer Heather
on 8/4/09 11:23 pm - Grasonville, MD

RNY on 10/07/08

Hey Denise...are you moving to the Eastern Shore? I'm right on the other side of Kent Island myself!

boxerlickinggirl.gif boxer licking girl image by boxerheath

waitinggame
on 8/4/09 11:48 pm - Bowie, MD

Yep, it's looking like Stevensville. Or StevenSONville as everyone on this side of the bridge calls it!

Tell me all about it--do you love it over there? I'm so nervous to move at all, let alone that far. I've been in Bowie 33 years so I know nothing else. Literally everyone I talk to says once you go Eastern Shore you don't go back! They all love it.

Take care,

Denise

Check out my blog--menumealplanning.com. Tales of making meal planning managable, family fodder, and everything else under the sun.

RNY 2/3/09, LBL/BL w/Augmentation 9/16/11
Start weight: 335 Current weight: 185 Goal weight: Whatever the hell I can maintain without driving myself insane!

*6.5 lost preop

Boxer Heather
on 8/5/09 10:15 am - Grasonville, MD

RNY on 10/07/08

It's a nice and relaxed way of life out here. You can feel the calm once you get to the ES side of the bridge. I wish I lived on the water but those houses are $$$ so I settled for one street off the water. I would actually rather be on Kent Island but Grasonville (most parts of it) is nice too!

Heather

boxerlickinggirl.gif boxer licking girl image by boxerheath

Sugar Free Candy
on 8/5/09 3:50 am - VA

Lap Band on 12/16/08

Hubby and I are in the market for renting a house - hubby has some high standards in that it needs to have a bedroom, bathroom, off street parking, distance between neighbors, and definitely a garage. So we haven't been able to find one yet that meets all that, and at a reasonable rate. I work in Millersville, and he's often at his parents in Annapolis - so that's a good area.

Congrats on getting through most of the mortgage! That is so awesome!

OT x-post: Any landlords here?

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OT x-post: Any landlords here?