Renting Your Condo

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Should I rent out my condo?

Renting Your Condo

If you have purchased a condo and are planning on moving out, but are having a hard time selling the condominium, consider renting your condo unit. Make sure you take into consideration utilities fees and maintenance when negotiating a price with a possible tenant. Try evaluating the advantages of your condo and the attractions in the area and consider renting it out to tenants or a corporate office who rents units to employees. Be sure to carefully evaluate all the costs and scenarios before choosing a tenant and signing the lease.

   

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