Updated about 11 hours ago on . Most recent reply
New to Landlording
Good morning everyone, I wanted to post asking a few questions and try to prepare myself for what I'm about to get into.
Little back story, we have purchased 5 acres of land with a small two story house that has been completely updated back in 2017-2018. Previous owner had it rented for a short term and then the house set vacant for many years. We would like to rent the property for long term and get some good ideas and planning done ahead before we lease.
So far we have contacted a realtor to help with drawing up a contract and she will screen tenants before they are allowed to tour the property. She did point out a few things that need to be taken care of/replaced before we get to the point. The plan is to have the house 100% ready before we list.
Questions for the landlord pros? Are we on the right track so far? What would yall do or what is y'all's checklist before you lease? Also, what steps do yall take to protect yourself legally? Thanks and I hope I posted in the right section!