The New Landlord-Is it the answer?

But what about homeowners caught in a flaccid market where home are subject to the sting of a fire-sale offer or to competition forcing pricing to bargain basement lows. For some this will have to be tolerated in order to sell the house.

For fortunate homeowner who can afford to ride the tide, consumer reports show that many homeowners are choosing to ride out the market prices by renting their homes to assist with the expenses.

Many homeowners are becoming landlords for the first time. There are many informative sites available for that new venture. www.Landlordonline.com is a site that provides a wealth of information for new landlords as well as the experienced landlord. There is also www.ezlandlordforms.com for online document systems for landlords. The Federal Trade Commission at: http://www.ftc.gov/bcp/conline/pubs/buspubs/landlord.shtm provides consumer reports to evaluate rental applications. These are only a few sites available to assist new landlords with much needed information. The internet can provide a wealth of information. Take advantage of it.

Renting your home rather than selling is not for everyone. For individuals who have the ability to keep their homes until the market takes an upward turn, with a little research and knowledge, it can be an auspicious time.

If you're looking to buy or sell and want help, give me a call. :)

Joe

Lakeway Real Estate | Austin Real Estate