Some Tips for New Landlords
When you decide to rent out your house, a timeshare, or even if you buy into an apartment building or duplex, suddenly finding yourself in the position of a landlord can be tough. In the case of renting out something you own, you need to first talk to your mortgage provider. If there is a mortgage on your property, you will have to have permission to lease.
Unless you already have tenants in mind, you also have to make your property presentable, so it will look good to prospective renters.
It is not a good idea to let out a rental property all on your own, unless you have a binding lease of your own in effect. A real estate agent can help you negotiate everything from rent to fees and beyond.