Also, you need to decide if you have

posted in Uncategorized by admin on May 8th, 2009

Also, you need to decide if you have back-up funds in case a renter defaults or skips out leaving behind a [...] Buying real estate as a rental property and becoming a landlord carries a lot of responsibility. She will steer you towards good rental locations and help you determine the market value of the surrounding properties. Once you find a piece of real estate, determine how much it will cost to make any repairs or upgrades, if any, to get it rent ready. Know your credit score before you even apply for a loan.
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