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Real Estate
Reply to "New to being a landlord - what haven't I thought about/considered?"
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[quote=Anonymous]Thanks everyone - this is OP. Given the desirability of the neighborhood, dearth of *quality* rentals in this town (and specifically this area), and particularly a dearth for young professionals/young families, I am confident we can find a good renter in short order. BUT we can easily afford the mortgage & fees even if it takes a little while to find them. It's mostly for this reason that I don't feel disincentivized from renting. I think my greatest fear - as outlined in some PPs - is getting a problem renter. I will plan on thoroughly vetting and reading between the lines as we show the place etc. Also, yes, background check, credit check, and references. Our new house is half a mile from the rental, and we'll plan on keeping an eye on things in addition to doing a thorough walkthrough when the renter moves in, and doing 6-month inspections. I appreciate everyone's advice, thank you.[/quote]
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