You can rent your home out yourself, but here are some points that you need to consider:
Renting your home out is a Big decision. You will need to have a clear plan on how to maintain your property value, while collecting monthly rental fee, while having a back up plan in case tenants will stop paying rent.
What should you do in case of eviction? How much will it cost? Who is a good Attorney for it?
You do not want to get a "night mare tenants" or "tenants from Hell" who will ruin your house, destroy your home equity, leave your property with liens and unpaid utilities.
Do you have financial funds in reserve to pay your mortgage on time while repairing your home and paying off liens? Or will you be pushed over the edge and forced to go into foreclosure?
What about lost rent while repairing your home?
All those thing home owner needs to consider before renting his/hers home out.
But you can avoid most of these problems simply by using a professional Realtor.
"Right realtor" will rent your home Fast and for the Right price and all you need to do is to collect monthly check!
Such plan would sound pretty good to me!
If your main motivation is to save a buck and to rent it yourself - you should know that my fee for safely renting your home out equal to one month rent split between 2 co-op agents (listing and renting agent)
For such a small fee you will get yourself a piece of mind, save yourself time and will be sure that you rented your home for a Right Price and did not leave any money on the table.
But if you watched too much of HDTV and feeling like a professional yourself, you will need:
Lease Agreement and Application Form
I am happy to supply you with needed documents. Use links below to Download them Free.
But in case you change your mind - you can always call me!
I am NEVER too busy to help!
Rental Application #link_2883873
Rental Agreement #link_2883874
To check your potential tenants Credit Score and Back Ground - follow link below: