When you decide to become a landlord and rent out your property, there are some disadvantages to expect. It can be very rewarding and profitable if you know what you’re doing. It also can lead to some disappointments and situations that make you feel at a disadvantage.
When your tenant has to be evicted from non-payment, you’ll be stuck with legal fees to get what was owed to you. When your tenant gets hurt from slipping on ice that you didn’t notice when it was time to salt the sidewalks, you may be liable. Here is a look at what types of disadvantages landlords sometimes face and how to overcome them.
Your Investment can come with Surprise Expenses
Sometimes there are going to be expenses you weren’t expecting. The dishwasher may break, the