Author Topic: NYC - Rent out or sell  (Read 954 times)

sonnys

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NYC - Rent out or sell
« on: April 20, 2014, 09:24:25 AM »
Hello all,

I currently own a Single family house in Queens, NY and am considering moving to Long Island next year for better schools for my kids.  I still have about a decade left on the mortgage but I really like the location and would like to keep the property if possible.  The rental income would be able to cover the mortgage plus a few hundred dollars more but I have heard horror stories about tenants and eviction processes and wanted to see if anyone on MMM could share their experiences with me.  This would be my first time being a landlord so any advice would be appreciated.

Thanks,
Sonny