Over time, a rental house is likely to increase in value and capital appreciation can be gained as well as a steady rental income.
Many rental houses are bought in areas that have a consistent supply of tenants and are rented out for much more than the cost of the mortgage.
If facing a temporary job or extended business stay then renting a house is an ideal way to avoid the expense and confinement of a hotel room.
A house rental will require regular maintenance and attention. Be prepared to use qualified professionals when needed.
Have your house rental pre installed with a Cable/DSL service will make your house more rentable and avoid tenants drilling holes in your walls.
Renting a house can sometimes be expensive and establishment costs should be considered when moving.
When renting a house find time to walk through the property with the landlord and make a written note of anything that looks out of order before signing a tenancy agreement.
Be aware that renting a house will not give you a license to do as you please. You must comply with your tenancy agreement.
Before you rent a house make sure that your insurance covers your house as a rental.
A tenancy agreement is signed when renting a house and is a binding contract between you and the landlord.
It is predicted that the strong interest in the Buy to Let market will continue. See our Top 10 Buying to Let and Renting Tips. 26th August, 2006
Taking on tenants can be a risky business. As a Landlord it's more than advisable to take out a Landlord's Insurance Policy. 30th December, 2006
With the continuing growth in the housing market, it still Buying to Let or Rent seems a good bet as an alternative to a pension fund for retirement funding. 19th August, 2006
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