Have you been considering converting your home into a rental property instead of selling it? Making this switch is a long-term investment that has the potential to earn you some serious profits for years to come. However, make no mistake – becoming a landlord for the first time is quite the undertaking.
1. Make Sure You’re Ready to Be a Landlord
Being a landlord isn’t for everyone. It comes with a great deal of responsibility and need-to-know knowledge: