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Updated almost 4 years ago, 02/10/2021
Renting out my house, advice for a first time landlord
Hey All,
I'm moving in a month and I plan to rent out our current house starting December 1. The price range this house falls in will cashflow pretty well, so my main concern is getting things right from the start.
Legally I've read I need to change my home insurance, any other issues I should look into? I've been a resident for over a year, and reading over our loan there should be no issues there.
Should I provide a lawnmower and have my tenants mow, or outsource for that?
I'll be living in a different state, I have people that can come over and check on serious things, but what about little stuff, like changing air filters. Is it acceptable to have your tenants do that?
Should I provide a washer and dryer?
Really any other advice would be amazing. We have a lot of life changes going on at the moment, so there's plenty of logical questions I have that I can't think of at the moment.
Thanks,
Sam