With real estate going for bargain prices in most of the country, it may be the perfect time to pick up some rental houses. But becoming a landlord means you need to find and keep tenants. You can enlist the federal government’s help by renting to people with Housing Choice Vouchers ( formerly called Section 8 ) and letting Washington help pay the monthly rent. (more…)
Statistics show that the average landlord lasts only three to five years. This means there always will be a huge number of landlords wanting to sell their property. This large turnover can mean money in your pocket if you know the ropes!
Many landlords are amateurs and have little idea what they’re doing. They buy their first rental property as dollar signs dance through their head. They quickly realize they need to treat the rental as a real business. (more…)