Hello,
I have been wanting to go travelling for a couple of years now and want some advice. I want to visit
- India
- SE Asia
- Aussie (Have family out there and will look at seeking work if funds are low)
- NZ
I am currently in full-time employment and a home owner. What I am probably going to look at doing is renting my house out while I go travelling. I am looking at going for around 1 year.
Has there been anyone on here in a similiar situation to myself and done this? It has taken me a while to get moving with this dream of mine but have been unsure about the best way to tie up my committments with my house before I book anything.
Any advice anyone has would be greatly appreciated.
A mate of mine rented out his place to some tenants and travelled for two years. He’s just gone back to live in his house. Do you have a trusted friend or family member to deal with any small issues with the property while you’re away?
if so, it can be done!
Go!
Greetings from India….here i am shubham , feel free to ask me anything regarding ur trip to india..:))))
shubham
Hey, I’m in a similar situation with owning my house and looking to go RTW for a yearish…
I’m probably gonna look to rent it to a rental company with a guaranteed monthly income to cover the mortgage. So hopefully having nothing to worry about whilst I’m away.
It’s certainly an extra stress when planning!
Richy x
when you rent the property out you can ask the tenants what perioid they wish to rent it for and put it into the contract it is for a year if they accept, also you will need insurance as a landlord and the majority of them have the option to cover loss of rent if the tennants plays up not paying.