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Updated over 9 years ago,
To a future landlord - What would you recommend to do to make the transition into being a landlord as smooth as possible?
Hello BP! As the title suggests I'm not a landlord yet, but I do plan to be one. Until then I have created my own business plan on how to operate and manage my future properties. https://docs.google.com/document/d/1WdG4zpWFphCEyV.... This plan is more so just an exercise for me to think ahead, and about every aspect of land lording so I can be as prepared as possible. What I ask of you who are landlords presently is after reading over what I have already put down - what would you add, remove, or modify?
Please don't leave anything out! Anything that helps cut costs, raise revenue, or streamlines being a landlord is knowledge I greatly appreciate no matter how small or big the idea may be =D Thank you in advance for sharing your insight, and personal experiences!