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

In general renting a house is a lot less complicated than buying.

When renting out your house take time to research rents in the area.

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.

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 is thought of as a flexible option where a tenant can easily move in and out again if the house or location does not meet up to their requirements or expectations.

Over time, a rental house is likely to increase in value and capital appreciation can be gained as well as a steady rental income.

Renting a house can sometimes be expensive and establishment costs should be considered when moving.

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

A tenancy agreement is signed when renting a house and is a binding contract between you and the landlord.