Want to become a landlord? You’re in good company! In today’s hot housing market, rents are on the rise, which may have you wondering whether it’s time to consider becoming a landlord and buying a rental property. After all, who doesn’t like the idea of raking in rent checks from tenants every month? Still, being a landlord isn’t a cakewalk; it takes work, and sometimes being a landlord may seem like you’re shelling out more than you’re bringing in from rent.
And let’s face it, knowing how to be a landlord and knowing how to be a good landlord to your tenants are two different things.