Being a landlord first time

Thinking about buying an investment property? Getting into real estate can be a sound investment as long as you do the research and know the ins and outs of investing in properties. If being a landlord sounds appealing to you, you'll want to take a look at these several tips for first-time investors. #realestate #homeimprovement

If it's your first time renting, you don't want to pay more than you need to or be surprised by recurring fees you'll need to pay each month. It's important for you to know what to expect before you meet with your prospective landlord, what questions to ask, and your rights as a tenant. Read more on the #realestateblog in our First-Time Renter's Guide for New York:

Basics of Landlording - First time landlord? Here are some few tips on how to keep good tenants.

What is the biggest difference rent vs. own? 🤷‍♀️ 🙅Rent 🚫You build wealth for your landlord 🚫Your monthly rent likely will increase 🚫You might be limited in what you can customize in the property 🚫You will likely to pay rent, fees, and security deposit 🚫Your landlord can ask you to leave any time 🏡Owners ✅You build your own wealth/equity ✅Your monthly mortgage payment is locked in

Whether you find yourself an unexpected landlord due to military orders or you've purchased a property intending to rent it out, you should know a few things before you ask your first tenants to sign on the dotted line.