Now that you have decided you want to rent out your home and use it as an investment property, at least until you are ready to sell, you need to have tenants. While there are often quite a few prospects who might be interested in your property, it does not mean that all of those
You have a property that you aren’t quite ready to sell, and you want to turn it into an investment for you. Renting out the property is a fantastic idea, as long as you are willing to understand what it takes to become a landlord, and you know where to find the right help when
Many people have decided that they want to take their financial future into their own hands by investing in real estate and then becoming landlords. While this can be a fantastic way to increase your wealth, being in charge of the property and handling tenants is not always easy, at least for those who are
Floods are not particularly choosy about the types of property they damage. A flood could just as easily destroy the property you are renting, or your rental property if you are a landlord, as it can a home that someone owns. Flooding can be caused due to many different reasons including an overabundance of rain
Having a rental property and being a landlord can be fantastic. It is a great way to invest and to have additional income as you build equity in your properties. Most of the time, you will have wonderful tenants that are easy to work with and that will cause you no problems. You take care
As a rental owner, it is likely at some point you will have a tenant who trashes your house. This is why you collect a security deposit. State laws allow you to collect a deposit to help cover the cost of any damage or repairs associated with tenant damage during their time of residence on
In a perfect world, you would never have to deal with bad tenants. Unfortunately, landlords everywhere have to deal with problem tenants from time to time. Those who are relatively new to being a landlord tend to have the most problems, but it can happen to anyone. Even when you have a good screening process
Owning real estate investment properties is a great way to make extra money, and some people are able to turn their properties into a lucrative fulltime business. However, those who are just starting out with real estate investing and who plan to become the landlord of the property run into problems quite often. The following
You became a landlord with enthusiasm, and you thought it would be a good way to make some extra money. While you may not have become a real estate professional, having a rental property that makes money for you each month is still an accomplishment. However, it is also a substantial amount of work, as
Owning an income property is an excellent investment, as it creates an additional revenue stream that can help pay off the home’s mortgage or supplement your own income in other ways. However, your rental property isn’t much use to you without a reliable tenant to occupy the house, and sometimes you may end up in