- Oct 3, 2007
- 1,539
My wife and I live in a 2 bedroom 1 bath ranch home with a full finished basement and 1 car attached garage in northwest New Jersey. This is our first home and not where we want to stay, but rather than sell this home in order to buy another one, we're thinking about eventually renting this one once we move. It's a pretty good location, quiet rural area with good schools, and its a 90 minute drive to NYC, and an hour to Newark (NJ's largest city and a major employment center)-we're also within walking distance of the train which goes to Newark and NYC. It's an 80 minute ride to the city now, but within a few years the service will be improved and the commute will be shorter. Anyway, I'm just trying to learn a little about what goes into being a landlord for a single family home. I've lived in various apartments when I was in college, but they were all in apartment buildings where all I was responsible for was electric, cable, and phone/internet. There was also no question of who was responsible for snow removal, landscaping, etc... In a single family home however, I'd be curious to hear about the customary arrangements.