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 Be Flexible Regarding Pets: The home is clean and well maintained, the rent is within your budget, the location is great and you would just love to live there with your five cats. Guess what, the landlord does not allow pets. W read full article >> |
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| Be Pro-Active: This may seem to be a given to most people but it is truly amazing how many tenants think that all they have to do is sign a Tenant Representation Agreement and everything else will magically occur wi read full article >> |
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| Be Realistic About Needs and Wants: There is no reason that a rental home search should take more than a few days in a normal market. But, everyone has heard about someone who looked at over 100 homes during the course of 6 months utili read full article >> |
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Before you Rent a House: Make sure your insurance covers your house as a rental. Some policies may charge extra if you are renting your house but if you don’t let the insurance company know, you may not be covered.
Ch read full article >> |
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| Benefits of Renting a House: The main reason for renting a house is you can gain a large steady income. Many people buy rental houses in areas that have a constant flow of tenants and rent them for much more than the cost of the read full article >> |
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Challenges of Renting a House: Of course there are many challenges to renting a house. While rental income may be bigger, if a property goes un-rented for a period of time, you stand to lose more if you can’t find tenants.
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| Check Your Credit - First: When a landlord receives an offer to rent there is one primary factor that is always considered immediately - Does the tenant have good credit? After all, a landlord has no other way to know how reli read full article >> |
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| Choose the Neighborhood: After resolving the credit requirement, the infamous "location" issue is the next thing that should be considered as the home search process is begun. Most people should decide on neighborhood factors read full article >> |
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| Commit to the Process: Renting a home, townhome or condo is a major undertaking. However, many want to treat it like shopping for new clothes - drop by the mall on your lunch hour, get excited about the suit in the window, read full article >> |
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| Determining Rent Amounts: Your ultimate goal in owning rental property is to make a profit. In fact you want to make as much money as you can with little addional effort on your part. By establishing your rent amount correctly read full article >> |
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