Blog Entries Tagged: accidental landlord
Found 1 blog entry tagged as accidental landlord.

Before You Rent Out Your Home, Read This First

If your house has been on the market for a while, you may be wondering: What if it doesn’t sell right away? Should I rent it out instead?

This situation has become common enough that the real estate industry calls it being an “accidental landlord.” According to Yahoo Finance, many homeowners who couldn’t get the price they wanted chose to rent until market conditions improved.

But before you take that step, it’s worth asking whether renting is truly the best move for you. Renting wasn’t your original plan, and it often comes with more responsibility—and risk—than most expect.

Questions to Ask Before Renting

  • Is it profitable? Will rental income cover your mortgage, taxes, and other…

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