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Updated over 8 years ago,
New investor in Allentown seeking advice and pointers
Hello all,
I'm fairly new to BiggerPockets, but truly love all the information and resources I have gained as a result of reading other people post and comments. I'm empowered daily.
I will be closing on my first investment property this Friday in Allentown, PA. The property is a 4 bedroom single family home, located in the central area. I have a ton of questions and welcome advice and pointers about being a landlord. Below are a list of questions I have (sorry there's so many questions lol).
Questions:
1. What's the best way to collect rent ?
2. Should I accept Section 8 tenants ?
3. Should I go to a realtor to create my lease/find me a tenant.
4. How do you figure out the rental market value for your property?
5. Should I get Renters/landlord insurance ?
6. How do you find your tenants or list your apartment?
7. Does the landlord have to pay for trash removal/water?
Thank you in advance!