Have a contingency plan in place if a unit remains vacant for a few months.Determine what a competitive rental rate is for your property by asking rental agents what they would expect to charge, by reviewing area rentals, and by personally visiting rentals available in the neighborhood.Run the numbers.

The ability to save on the amount of the interest rate you are being charged…. month after month….. year after year… 2 or 3 % or more is huge.

I always kept all the repairs on me for the same reason, I also charged higher than market rent.

I was curious what other landlords out there do for their tenants that is "above and beyond" what is written in their leases to retain good tenants.I'll start: :whistle: Plant an herb garden for them to useInstall washer/dryer - no charge for useYour turn:

I will charge anywhere from 4-6%.

I understand the poor very well, since I was charged with oversight of over 1200 public housing units as a commissioner, a very active commissioner at that!

I suppose if you have lots of problems with the house and have the money for several $50.00 copays then they could be a good thing, because electricians, plumbers, etc all charge an arm and a leg just to come out not to mention the $75.00 an hour the charge; so I guess it depends on your circumstances.Susan

Can I charge the tenant to fix the drains?

They charged us 350.00.

Where do you live that you can buy a fourplex for just $130K and charge only $475?