Posts Tagged“landlord”

Things to Think About Before Becoming a Landlord

So you have an extra room and want to make a little side cash? Do you have an investment or vacation property sitting vacant? While maybe you should rent it out! Though the idea of getting “easy” money form a rental property sounds terrific, there are some things to think about before becoming a landlord. Check the Laws Not everywhere can legally be a rented. There are loads of zoning laws that may not allow for subletting. Also, if you have a home owner’s association or live in a condo, you need to check with the board. Don’t forget you will…

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Making the decision to become a landlord is a big responsibility. You are putting your mortgage in the hands of someone else, and you still need to provide certain amenities to your tenant. There are bad landlords and there are good landlords, and being a good landlord is more rewarding than being bad. In order to reap the benefits of being a good landlord, such as having solid tenants, you need to use the following tips. Know the law. The first thing you should do is know the landlord law in your state as well as your tenant’s rights. If…