With Careful Analysis, an Inheritance Could Prove a Profitable Rental (Washington Post)
Story date: 2008-08-16 12:02:31
Added on: 2008-08-16 01:05:12
Q: My sister and I inherited our family home. It has no mortgage debt. We agreed to sell it, but my husband suggested that we might buy my sister's half and use the property as a source of rental income. My sister is agreeable to this arrangement. How would we find out whether this would be a profitable investment? We would have to finance a loan, and some repairs would be needed before we could ...
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