My wife and I have talked for years about owning a rental property. We have finally decided to give it a try. But where do we start?
- Where do we buy one - near a college or in the mountains near a ski resort?
- Do we hire a property manager or do we do it ourselves?
- How time consuming is it?
- What does owning a rental property do to our taxes?
I love to research things before I jump in to something new (my wife thinks I research it to death) so the point of this blog is to document the process of buying a property for rent and then renting it out with or without a management company.
So why did I pick PmDave.com for the domain name of this site?
- I wanted my name in it so people can relate to the one person rental
- I wanted it as short as possible
- I wanted Property Management in it but that was way too long so I went with PM instead.
Dave Dugdale
“PmDave”
