The Key to Being a Good Landlord: 1
So now you know how to become a landlord. The next step is being a good landlord — because that will inspire good tenants.
You need, of course, to make sure you know all of your rights as well as your responsibilities, as they exist under the landlord tenant laws in your area.
So, what you should do first is get in contact with the rental housing authorities in your area. You can talk to a real estate attorney as well; that way, you will be sure to have a clear, strong understanding of your responsibilities and your legal rights when you are a landlord. Typically there are state laws as well as more specific local laws.
It is likewise important to make sure you are familiar with housing and building codes, health regulations, and safety regulations.
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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