I am new to this. I always wanted to have rentals, and since I am buying a bigger home for my family, I thought its a great opportunity to start by renting my current house.
Its a regular starter home 3 bed 2 bath about 1350 sqft normal in the area
I need Tips on how to go about this.
How to accurately calculate my house rent value? (it should be 1300 to 1500)
How to convert my home into a easy rental?
help with rental contracts and paperwork?
Choosing good tenants?
My house has a pool. (i heard its more hassle to deal with a pool rental).
Will you have a property manager? If yes, they can answer most of those questions.
I recommend searching here on BP for answers to your questions.
If you know your neighbors, figure out what they are paying for rent.
With a pool, make sure you have good landlord insurance coverage.
The better condition your property is in, the more you should bring in for rent. However, avoid "over-rehabbing."
Welcome to BP! You are in the right place! You can find all of the answers you need on this site.
You can start with reading these two "How to" guides:
Thank for all the help guys. look of good info here.
thanks Logan I've been reading those 2 links and have a ton of useful information and ill be referring back to this for a long time, its great thanks.
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