I was discussing my house with someone who is interested in purchasing a property to rent out and make money. It really isn't suitable for that, as the price and value is around the same figure per month than the projected income.
But, it does give rise to PLAN B.
Right now, the house is, in a away, a liability, as it has to be heated for the winter.
So, renting it out makes sense to me, as my mortgage is very small compared to current prices.
Now, what would be nice would be to find an agent who can look after collecting the rent and reporting defects etc.
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