Property Management News

First-Time Landlord: 8 Things You Need to Know

Are you ready to be a landlord? Here are eight things you need to think through before you find your first tenants. By: Daniel Caughill Thanks to HGTV and the allure of passive income, many people dream of investing in rental properties. Of course, becoming a landlord can be a great way to build your wealth or to make use of a second property that you own. However, property management can take a lot of work, too. Whether you’re leasing your apartment to family friends or to tenants you just met, you need to understand one thing up front: You’re not a host. You’re a business owner. With that in mind, here are eight things to keep in mind when preparing to rent out your... Read more