Do
you have more than one house and need some extra money? Why don’t you rent it?
Renting a house will give you some extra money almost without doing anything
but the preparation. Preparing a house to rent is quite easy. At first you may
need to be sure about renting a house and all the consequence, and then you
need to prepare for tenant, advertising your house for rent, and screen the
tenant. All the preparation needs time that may not be fast but when you think
of extra income each year with doing nothing extra, it is worth enough.
If
it is your first time in renting, you must be sure. Do you really want to rent
your house? Are you ready enough to face all good and bad consequences? Do you
know what kind of consequences that you may be faced? When a person owns
something, he tends to have a possessive feeling around it. He will be
approached by worry. As a landlord this feeling of worry will disrupt not only
business but also inner emotion. Why? Because your house is being rented and
you have very limited access into it. You don’t know what happen inside and
what will happen after. If the possessive feeling still linger, it may be the
best to not rent it or you will catch an illness due to your wariness.
When
you have determined that the house will be rented, then there are two questions
to answer. They are about consequences that may have to be faced when you rent
your house. Making extra money will be the good consequence, but how about the
bad? There are a lot of bad consequences with fire and destruction becomes the
worst. This article was not written to scare a first-timer landlord wannabe.
However, even the worst consequences that are written here have probability to
occur even the percentages are small.
If
you are ready, next is preparing the house. Examine the whole house and make
sure that there is no flaw anywhere. Move your belongings if you want or you
may rent them too as a house package. Then all is ready. It is the time to
advertise it.
The
last thing you can do is screening the tenants carefully. When you want to
minimize the bad consequences, this process will determine it. Do not be a
greedy lazy person, your house future depend on this process.
Renting
your house is not a difficult thing to do, neither is a simple matter. You’ve
got to prepare both yourself and your house. The income will tell you that it
is worth enough but the consequences must be faced too.