Being a landlord can be a rewarding as well as a scary experience. There are many benefits to renting out your property, and there are just as many pitfalls to avoid. Simply put, it is not something that you want to run into headlong.
You have much to think about to prepare for your life as a landlord. While you will learn much from your own experience, it is always better to know as much as possible beforehand and learn from others’ mistakes.
Keep your eyes open to unique revenue opportunities for your property
One of the most important things to remember about being a landlord is think outside the box. While renting property to a tenant is the primary goal of a landlord, you have other ways to capitalize off of your property.
If you have extra space on your property, then you could consider letting a contractor …Keys to Success for the Modern Landlord Read More