Being a homeowner: What you need to know

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Being a homeowner: What you need to know -

What you see real estate as an investment opportunity or if you are looking for ways to pay the mortgage on your old house that you wait for the market to rebound from the seller, you may be considered an owner.

Being an owner, of course, is more than simply collect a rent check every month. In the following posts, we'll explore some of the unique issues facing owners and show you what it takes to be a successful owner. We'll see:

  • The advantages and disadvantages of being a landlord The rent money is great, but what are some negative aspects? You want to know about these issues well before becoming owner.
  • How to find a good tenant The good tenants are being a landlord much easier, so we'll show you how to find the best.
  • things to say to a new tenant Setting expectations in advance will help to promote good relations with your tenants. Here are five things you should tell anyone who rents you.
  • How to be a good owner The good tenants make everything easy, so how do you return the favor? We'll show you how in this post.
  • How Insurance Insurance is an important part of the equation for owners and tenants. Our experts weigh what is required, what is recommended and what policies you should ask your tenants to carry.

Being an owner can generate a little extra money on the side. It is a great opportunity, so we'll learn more about being a landlord.

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