My husband and I want to tranfer to a new house where there is better community and neighborhood.  He told me to rent an apartment first while waiting for somebody to buy his old house.  Is it advisable to rent an apartment first while waiting for somebody to buy the house or move to a new house.
202747
Most landlords make you sign at least a 1 year lease!!!!!\nI think you should transfer to your new house and rent out the old house until it sells.  Why would you want to pay someone else's house payment when you could use the old house as a mortgage and be a landlord yourself.  You can rent the old house for the monthly amount you are paying on it plus taxes/year and a little extra for repairs. (Collect first and last months rent putting it into a saving account to collect interest and to have to give back when they leave) It would help you build a better future for your family.  It's all in what you want to deal with.  GOOD LUCK!!!!!!!!!!
273007
BUYING IS ALWAYS BETTER!  People that rent are making landlords rich, and I thank my tenants for that.  If you were to buy a condo in an area of good appreciation, you have equity in the home whether you are ready to settle down or not.  You are putting money into your own walls as opposed to a landlords pocket, whose mortgage YOU pay when you rent.  I know people that are 20 years old buying real estate because they have educated themselves on this subject.  There are many tools out there for first time home buyers with little or no money to put down.  Research buying or put someone Else's' kids through college.
218406
I have been wondering this myself.  You are so right, life isn't sure at all.  I have a lease where I am at until December and he has a lease where he is at until October.  ... I would like to buy a house in a couple of more years and I am not sure when it would be good for him to move in or if we will even still be an item.  It is just something out there.  Guess you just have to go with what you feel is best.
422274
I hired a property manager from the largest and most respected real estate firm in my area. It was the best descision I ever made.   \n   My reasoning is that whoever was going to manage the property would be easily replaced. For the time they worked the property, their work would be well overseen and rewarded. They would have good connections for service to the porperty and a large number of referals for handymen and applicants for suitable renters.\n    As I said, it has worked out great. He just gets a little eager sometimes about renting to the first person that applies and I have to slow him down until more applications come in and the best one presents itself.
206489
i'm not sure what part of the situation you own and who is renting from you, but here goes....\n\nif you bought a single home and you are turning it into 2 apartments, then i would defintiely check on the zoning issues with that.  \n\nif the neighbors are complaining, then too bad for them. they could try to petition it, which if enough people had issue, they could win.\nMy aunt lives in the town i grew up in and they were going to build some prject housing near her development.  the people of the town petitioned it and won.  \n\nyour situation is hardly similar in that it wouldn't affect the neighbor's value that much.\n\nalso, be aware, that if you try to do this project w/out proper zoning, and the neighbors find out...well, they could make a stink.\n\nnow, if you're talking about people already living in the home you bought and they don't want it divided, well, then you will need to consult their lease agreement with the old company.  if you bought it under the willingness of upholding their lease, then you're stuck.  if the previous owner sold it, then the lease is with them, not you and you can do kick them out if you please.\n\ni'll put this on my watchlist, so hopefully, you'll give some more details and i might help some more.
336357
Only you can gauge if you are moving too fast.  If you love eachother and are going to get married it might be good to be close to one another.  I don't know that I would recommend moving into a house with another couple/child as it might make things difficult/complicate things.  \nAs far as the finances go with you and/or him still being in school that is understandable and doesn't mean that he won't be a good husband and support you.
214199
I agree..:) i live in NJ now.. in an area that my son goes to a blue ribbon school..:) but I am trying to move because of cost of living.. housing here is ridiculos now..you can't find a one family home in a decente neighborhood for less than 500,000...and the taxes are the equivalent of a high scale rent...:) so my advice is don't come..:) I am leaving..:)
114255
I would think its all due to poor money management, moving is not cheap! Everytime weve moved its cost about 2 grand. Not chump change, and im a cheapo :P so i do everything the cheapest way possible, so it can cost alllllot more if you let it. But anyawys i think they just are really unresponsible with there money, if you can shell out 2 grand every 3 or 4 months. you can afford your rent
170539
There must be a dept of housing or something like that either locally or at the state level you can call and find out.  Call up your local govt offices and start asking questions and get ready to deal with people who are clueless that transfer you from person to person.\n\nWith that being said your landlord is a prick, obviously.
444456
I am assuming you mean renting it out to other people.  (Your question makes it sound like you want to rent a home yourself.)  If you own a second home, and you need the extra income to pay for the mortgage as opposed to losing it to the bank, I would say, yes.  Renting it out is a good idea.  I have two other homes, both rentals.  I purchased them for that exact reason.  The income I receive for rent each month, is about $750.00 over the mortgage on them.  So I make a profit of $750.00 each month, above and beyond the mortgage payment, for rent generated.  Hope this helps.
441231
Now is the time. The rental market is doing better than the real estate market. In Southern California we currently have very low vacancy rates. The reason now is a good time is because people normally wait until the weather is warmer or for the school (if they have children) to be over. So, go out and find a new places for yourself. Good luck.
554369
How do you rent now? all the landlords first look for credit check.Those who had constructed House or Apartment bldg will like to rent out,by offering a selected terms,One month free rent or something like that  so if they rent it out,they could look for another property development.Say to day you have a good credit..what if after renting if your points goes to lower level-Is the Landlord going to force you to  vacant the apartments.
270372
Talk to your landlord before the rent is too late.  Explain all the circumstances.  He should be understanding.  He would much rather have a filled apartment than a vacant one.  Offer to make a payment as soon as your husband gets paid.  If you've been late before, I doubt if you'll get the late fees waived, but it's worth a shot.  Those late fees do seem excessive to me.  I would check the rules in the state you live in and see if they are actually legal.\n\nGood luck
85918
If they are paying the rent directly to the landlord, then the landlord was notified when they moved in.  In that case, a new lease SHOULD have been drawn up with all three of your names on it and all three signatures.  Otherwise, YOU are taking full responsibility for any and all damages to the house.  Not a good idea.\n\nBut since yours IS the only signature and you are taking full responsibility, you are within your rights to ask them to vacate the property.  They have no legal rights to be there if they don't have a lease.
575434
You two should have a serious conversation, and decide what are the pros of either of you moving. Example topics of conversation are: where is it more feasible, can either of you relocate your job, what place has more space, and comfort if your combining more than your two lives, who stands to lose the most upon the move, ie. family, friends, etc, and last, but not least, who better has the ability to start successfully over if they have to move.
151186
What you are referring to is for primary residences after people have lived there for 2 years... This does not apply in you situation.\n\nWhat does apply is a procedure known as a 1031 exchange.  1031 exchanges allow you to totally defer your capital gains tax by reinvesting the proceeds of your sale into another 'like kind' property.  (like-kind refers to the other property being investment use as compared to personal use).\n\nI'm finishing up the testing on a 1031 exchange site.  The information is real, and many of the test properties are available listings as well.\n\nFeel free to check the site out for the basics on a 1031 exchange.
20422
Location, location location!!!  For some, that can mean being at the center of things.  Perhaps near schools and shopping centers and recreational parks.  For others that may mean a secluded shaddy street.  Some want convenient transportation or good roads.  There is also a theory that the less expensive of two poorly matched houses will be the better bargain.  If one house is worth say $400,000 and the house next door is worth say $150,000, any improvements to the lesser house will tend to increase its future sales value, dragging it up.  But improvements to the expensive house may not be recovered.  This is especially true if most of the houses are expensive.\n\nHousewives will want a good kitchen layout with lots of cabinet space and the bathrooms should be modern (unless charming in an old fashioned way).  Men will want a structurally sound house with a good roof and room to store tools in a large garage of basement shop, since maintenance will probably be their major concern.  There are available professional engineers who can inspect a house and determine whether any major repairs are necessary.  Realtors should have a list and they can be hired after the house is locked up (by an option or honest money?) but before the final decission is made and obligated.