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This Is How Much It Really Cost Me to Become a Landlord

by LiveModern Webmaster last modified Aug 18, 2018 01:07 AM
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by Lauren Wellbank last modified Aug 16, 2018

In 2015, my grandmother became gravely ill. She was living with my parents, very close to the house my husband and I had purchased in 2005. Grandma needed full-time care, and since I had just made the transition to a stay-at-home mom, I was more than happy to venture to my parent's house to help take care of her during the day. But a year later, my mom was required to move two hours north for her work. Since Grandma couldn't make the move with my parents to their new place, my husband and I decided to take over their mortgage, move into their old house, take care of Grandma full-time, and rent out the home we had purchased just 10 years prior. Just like that, my husband and I became landlords. We knew that there would be some upfront costs, but we were surprised by just how many there were. READ MORE »




 

 


 

 

 
 
 
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This website will undergo significant changes in 2019.  First, the domain name has been sold. Visitors will not be able to find the site at livemodern.com after about six months. In the meantime, we are looking for a buyer for the content, someone who wants to continue the mission of the website. If that is you, contact marshall [at] livemodern.com. I will provide details.

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