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

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.

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

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

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.

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 a great business opportunity that million of people have taken advantage of to gain a large steady income.

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

To keep costs down before committing to a mortgage, consider renting a house.

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