Movoto

JANUARY 28, 2022

Before you rent your home out to tenants, there are a few things to consider. In addition to rental rates, deciding who covers utilities, insurance implications, and lease terms, there are other things you need to be aware of that aren’t as obvious. Clear your plans with your HOA (if you have one).

HOA 48

HOA Tenants Landlords Law 48

Movoto

APRIL 24, 2024

You’ll also need to check with local authorities to understand requirements for how to rent a house in your area and any organizations like HOAs or condominium associations, when applicable. Even when renting to most easy-going tenants, things can happen. But prioritizing qualified tenants shouldn’t slow you down.

Tenants 36

Tenants Landlords Logistics Insurance 36

PennyMac

NOVEMBER 27, 2023

A single-family home, townhouse or multi-family unit can be a long-term asset, offering additional tenant income. A bedroom, guest house or casita could be rented to a tenant, and a spacious basement or garage could be leased to someone who needs storage space. Rent it out and bring in some extra cash.

Market Value 36

Market Value Tenants Renovations Insurance 36

PennyMac

JUNE 2, 2022

For example, typical annual costs include things like: Insurance. You have to have enough money saved to be able to handle expenses such as repairs, and cover the holding costs if a tenant moves out unexpectedly or stops paying rent. Property taxes. Maintenance costs. Mortgage payments. Kevin Vandenboss. Invest for the long haul.

Real Estate 69

Real Estate Investing Tenants Property Management 69

Zillow

JUNE 11, 2018

This jump in the number of renters has put pressure on both tenants and landlords. Tenants are scrambling to find the right place, while landlords are trying to find the right price. Utilities are not exactly a hidden cost, but they’re often overlooked by tenants eager to move into a new apartment or renew their current lease.

Landlords 36

Landlords Tenants HOA Law 36

Raleigh Realty

MARCH 29, 2021

You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance. Your neighborhood may require homeowner's association (HOA) fees, too. They just oversee the process.

Government 148

Government Real Estate Agent Insurance Property Taxes 148