Renting to friends and family can either be a very positive or very negative experience. It is imperative that you continue to treat your rentals like a business and treat your tenants as tenants even if they are friends or family. In the following we will explore the Pros and Cons for whether renting to friends and family is right for you.

If you are handy and competent then you can save yourself some money and fix whatever the problem might be in your rental. But what do you do when the problem is out of your scope and expertise?

Many people are going “green” lately with increased recycling, carpooling and even adding “green” elements to their homes. Homes use up resources with energy and water use but when you rent, you have less control of the usage. While you can watch your water and heat usage, you can’t change the insulation or install a programmable thermostat like a homeowner can.