The main disadvantage to renting a house is that the rent you pay goes to the owner of the property and nothing is for yourself is gained other than a place to live.

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

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

By renting a house you can easily find and afford your dream house without any commitment to a mortgage.

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

Although a bit more expensive than a mortgage renting a house is a very feasible option.

When renting a house check your city or town regulations. There may be rules on which rooms in a house may be used for renting.

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.

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.

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.