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

If managed properly renting a house can be profitable and rewarding.

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

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.

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.

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

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.

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

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.

Before you rent a house make sure that your insurance covers your house as a rental.