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5 Ways To Tell If You’re Cut Out To Be A Landlord
There is an increasing interest among homeowners who choose to rent out their property instead of selling it when they move. Perhaps your home value has dropped, or you must leave quickly to take a promotion in another city. There are many reasons you might not have...
Do HOAs Allow Owners to Rent Out Their Homes?
Homeowners who live in a neighborhood or condominium with a homeowners' association (HOA) must abide by the association's rules, bylaws, or articles. In some cases, the HOA can take serious action when a homeowner goes against the rules, and some disputes may result...
How to Choose a Good Roommate and What to Avoid
Sharing your home with a roommate has many benefits, can be fun, and may seem like a great idea. Getting a roommate typically means you can get a bigger place in maybe a more desirable area and pay less than if you got a place on your own. Other benefits include...
Setting the Late Fees and Grace Periods for Rent
Landlords and property owners are business-oriented. They may like their residents and even have friendly relationships with some of them, but the bottom line is that they expect the rent to be paid on time each month. It is a reasonable expectation -- and one that...
What am I Obligated to Fix as a Landlord?
Rental properties provide owners with lucrative investment opportunities, but the job also comes with responsibilities to the tenant. Various federal, state and local laws require that landlords maintain a safe and habitable space for their tenants. Consulting an...
Costs to Expect When You Rent Out Your Property
Do you know what costs are associated with renting out your house? Not every expense is an obvious one. Sure, you may need to conduct repairs over time, and you may even decide to pay for certain utilities for your tenants. However, a handful of expenses exist that...