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Renting out my house
Hey everyone,
I'm located in south Austin, TX and planning to rent and manage my first property by the room instead of the entire house because the rental rate I wish to charge is higher than the average rate in the neighborhood where my property is located.
Currently, I plan to get landlord insurance, require renters to get renter's insurance, and make some minor improvements and repairs in the house before fully moving out.
I'd like advice on the best way to manage my property (I will use Innago for collecting rental payments), obtaining landlord insurance, tax write-offs, and maintenance.
Thanx BP community :)