Mastering the Art of Being a Landlord During Economic Transitions
Becoming a landlord can be a profitable move, but learning the ropes requires some effort. It's not passive income (like putting your money in a mutual fund), it is a real job that takes expertise in home improvement, marketing, and law. Top Tips for Being a Successful Landlord: 1. Treat being a landlord like a business. 2. Screen for high-quality tenants. 3. Develop a 30-60-90 day plan to avoid vacancies. 4. Make sure your lease agreements are in accordance with the law. 5.
Mastering the Art of Being a Landlord During Economic Transitions
Becoming a landlord can be a profitable move, but learning the ropes requires some effort. It's not passive income (like putting your money in a mutual fund), it is a real job that takes expertise in home improvement, marketing, and law. Top Tips for Being a Successful Landlord: 1. Treat being a landlord like a business. 2. Screen for high-quality tenants. 3. Develop a 30-60-90 day plan to avoid vacancies. 4. Make sure your lease agreements are in accordance with the law. 5.
