Start Dating dos and donts apartment manager

Dating dos and donts apartment manager

Don’t even consider a property management business unless you’re sure that you can pay for repairs.

If you want to create an income immediately, you’ll need to rent your property.

Though the proposition may sound simple, it is anything but.

But even if you buy a property in good condition, you may still have to make changes to get it up to code.

This is because many states have strict requirements for rental properties that will need to be met before you start renting.

Most of your tenants will pay the rent, treat the property like their own, and keep the neighbors happy.

But at some point, you’ll inevitably have a problem tenant.

You’ll have good tenants who slip up from time to time but always let you know ahead of time when to expect the rent.

And then you’ll have the tenants that don’t pay and don’t call.

Don’t let the potential to earn money cloud your vision when considering whether or not you’re cut out for it.

All potential landlords consider the cost of purchasing an investment property, but many overlook the costs to remodel.

You’ll have to make a choice to either let the tenant slide or to start the eviction process.