How You Can Become A Landlord: 2
Becoming a landlord is stressful. You have to be responsible not only for another person it seems like but also for another house and what happens to that particular house. There are a ton of things that you need to look for when you become a landlord and in the next couple blogs that is exactly what we are going to touch on.
First and foremost, you need to make sure that you screen all of your tenants. While you do not want to judge a book by its cover, you certainly want to make sure that you make a smart decision when you allow someone to live in a space that you own.
You also want to make sure that you check up on their credit as well as their rental history, as those can be two key points when you are looking at a new tenant.
After you have screened your tenant and have decided that they are okay to live there, the next step is going to be making sure that you are aware of everything that is wrong in the house before the tenant moves in. That is why taking a picture of the place before anyone moves in is so important.
When you are a landlord, you are responsible for so many things and you definitely want to make sure that if you get taken to court for anything at all – that you are certainly going to be able to proof your tenants wrong. Always cover your back!
You also want to make sure that you keep track of any of the repairs that you do to the house or any receipts that you think might be useful.
(The comments contained on this site are for information purposes only and do not constitute legal advice.)
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