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

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

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

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

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

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

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.

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

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.

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.