Being a landlord can be challenging, especially when you’re starting out. Landlords don’t just collect rent checks. Successful landlords must understand the law, negotiate different personalities, and adapt to various problems that can pop up at any time.
When you’re first starting out, beyond the basics of getting the property purchased and ready to rent out, remember that setting yourself up for success also means having the proper legal protections in place—and being proactive with legal issues could save you from big legal bills and hassles down the road. These guidelines from us-reviews.com can help in protecting yourself when you’re starting out as a new landlord.
Put it in writing
It seems simple, but putting everything in writing can be the smartest thing you ever do as a landlord. The most important item to put in writing is the Lease Agreement between you and the tenant. If you ever have … Read More