For anyone starting employment for the first time renting a house is great option, however it’s not advisable to rent a house for the whole of your life time.

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 drawback to renting a house is that you are usually stuck with any decisions made by the landlord.

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 managed properly renting a house can be profitable and rewarding.

Be aware that renting a house will not give you a license to do as you please. You must comply with your tenancy agreement.

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.

A house rental will require regular maintenance and attention. Be prepared to use qualified professionals when needed.

Try to make your tenants feel at home, when renting a house it’s beneficial to have the tenants staying for as long a possible.

Apart form the higher rental cost, renting a house is similar to renting an apartment or flat.