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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Starting Out
HomeForumsStarting OutConverting a primary residence into a rental.
John Reel's profile image
John Reel's profile image
John Reel
  • from Franklin, Indiana
  • Member since Jun 22, 2017
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John Reel's profile image
John Reel's profile image
John Reel
  • from Franklin, Indiana
  • Member since Jun 22, 2017
Connect
John Reel
  • Franklin, IN
1
Votes |
11
Posts
Starting Out

Converting a primary residence into a rental.

John Reel
  • Franklin, IN
Posted Nov 3 2017, 06:06

I am in the process of converting my primary residence into a rental property. I already have tenants in place. I need to know what the next step is as far as legal contracts/policies, steps to converting a primary residence into a rental (insurance/mortgage/property taxes).

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