Renting Out Apartments?

Renting Out Apartments?
by

1 Answer

Answer :

Many people want to rent out their apartments as a way to getsupplemental income. If you are in the position of wanting to rentout apartments, then there are some definite considerations youshould think about before proceeding blindly in the process. It isimportant to be as knowledgeable as possible about the entireprocess. Get the input of professional realtors or otherprofessionals in the field of real estate before proceeding in theprocess. Getting advice from real people and information from theinternet will help you immensely on your journey to put up anapartment for rent.First, you may want to consider hiring a property manager.Property managers take a lot of stress out of the process ofrenting out an apartment. Their entire industry is understandingthe needs of tenants and respondin
by
selected by

Related questions

Great Apartments to Consider Renting in Akron, Ohio?

Description : Great Apartments to Consider Renting in Akron, Ohio?

Last Answer : If you're interested in renting in Akron, Ohio or thesurrounding area, there are about 500 apartment complexes to choosefrom. With all of those apartments, there is sure to be a hugerange in rent ... incomes. The rent is based on income, so theapartments are affordable for everyone. For those w

Am I legally allowed to prohibit handicap people from renting my apartments?

Description : Am I legally allowed to prohibit handicap people from renting my apartments?

Last Answer : No, you are not legally allowed to prohibit people from renting apartments. You can get in major legal trouble.

Is it a good idea to get renter's insurance when renting apartments?

Description : Is it a good idea to get renter's insurance when renting apartments?

Last Answer : Yes, you definitely need renter's insurance if you will be living in an apartment. In case of a fire or damage to the apartment, the building owners insurance will not cover your property. You need your own insurance for your things.

What are the pros of renting apartments rather than buying a home?

Description : What are the pros of renting apartments rather than buying a home?

Last Answer : One of the biggest pros of renting would have to be that you are not responsible for the cost of maintenance on the property. Additionally, the required deposits are much smaller on rentals than the deposit to purchase a home.

Can property taxes go up based on if you're renting your house out or not?

Description : Can property taxes go up based on if you're renting your house out or not?

Last Answer : Absolutely. I own a duplex, and I live in one side and rent out the other side. These are identical mirror-image houses, exactly the same and are attached to each other. My rental property side’s tax bill is nearly double that of the side I live in. Sucks.

Renting MY rooms out. Can I evict?

Description : Renting MY rooms out. Can I evict?

Last Answer : answer:You can't tell them to just get out. You have to give them 30 days notice. Trust me, I tried. The cops got involved and it made for a very uncomfortable 30 days. If they can provide ... out I was renting rooms out without notifying them. I was evicted when they found out. Read your lease.

What would make a person from bank of America, come out to my house that I'm renting and want my name, and phone number, and also take a few pics?

Description : What would make a person from bank of America, come out to my house that I'm renting and want my name, and phone number, and also take a few pics?

Last Answer : answer:OOOOPPSIE The owner maybe late in payments, or . . . . . . There might be a clause in their mortgage about owner must be occupant ?

Renting MY rooms out. Can I evict?

Description : Renting MY rooms out. Can I evict?

Last Answer : answer:You can't tell them to just get out. You have to give them 30 days notice. Trust me, I tried. The cops got involved and it made for a very uncomfortable 30 days. If they can provide ... out I was renting rooms out without notifying them. I was evicted when they found out. Read your lease.

Is it possible to rent out an apartment that I am renting?

Description : Is it possible to rent out an apartment that I am renting?

Last Answer : It depends on your lease. Check with your lease and your landlord to see if it’s ok. Most places don’t let you sublet your place (which is what you would be doing).

What happens if an apartment complex finds out your renting out an apartment thats still under your name?

Description : What happens if an apartment complex finds out your renting out an apartment thats still under your name?

Last Answer : It is an illegal sublet, and abrogates your lease, allowing them to evict you if they choose.

In Michigan if your renting a room from someone and paying them rent can they legally kick you out in the streets?

Description : In Michigan if your renting a room from someone and paying them rent can they legally kick you out in the streets?

Last Answer : Generally, the rentee has the right to be notified of evictionbefore being removed from the property.However, under certain, limited circumstances, usually involvingperson-felonies, the rentee can be removed immediately.

How can I qualify for renting out section 8 houses for rent as an owner?

Description : How can I qualify for renting out section 8 houses for rent as an owner?

Last Answer : You can qualify for renting out section 8 houses for rent as an owner by following these instructions on www.usrentallistings.com/section-8.asp. Another site is www.hud.gov/faqs/faqrenting.cfm ... the necessary paperwork to put your house up for section 8. Each states requirements are different.

Where can I find out more about renting duct cleaning equipment?

Description : Where can I find out more about renting duct cleaning equipment?

Last Answer : I want to save some money and would like to do duct cleaning on my own. How would I go about finding duct cleaning equipment for rent?

Can you help me with some questions I have about renting a car?

Description : Can you help me with some questions I have about renting a car?

Last Answer : Here’s the info you need !!

Can you tell me what renting a home is like in the U.S.A?

Description : Can you tell me what renting a home is like in the U.S.A?

Last Answer : answer:It depends on the state, and the city, and the landlord, but in my area (Hillsborough County, Florida), move in costs can be: 2 months' rent (first and last month) Security deposit ... repairs and started fixing things anyway. Not like we're getting a deposit back from that shyster.

Waiting to own a house versus renting an apartment?

Description : Waiting to own a house versus renting an apartment?

Last Answer : answer:I'd move out too. Just try to stick it out until you get a decent paycheck. Also, if you choose to share the place with your friend, you need to be able to pay the rent ... specifically paid for them yourself. So plan for that possibility as well. Will your friend have their own furniture?

When renting a gun at a gun range is possible to share the gun?

Description : When renting a gun at a gun range is possible to share the gun?

Last Answer : why not? Unless there is such a disparity in sizes or strength that not everyone would be suited to the same gun. Do they provide ammo as well? If so, gun usage is probably measured by ammo used and time rented.

I am renting a 2bd apartment, want a housemate, but want to be able to give housemate notice to vacate if it sours. What's the best type of agreement for this?

Description : I am renting a 2bd apartment, want a housemate, but want to be able to give housemate notice to vacate if it sours. What's the best type of agreement for this?

Last Answer : answer:I don't want to insult you in any way but this has bad idea written all over it. Remember, no one is going to treat your belongings the way you are, and people you do not know ... pay something in equivalent value to offset it, such as an extra amount toward a utility bill. Good luck.

Hey all I am interested in renting apartment in Manhattan but can't really find no fee ones anywhere. Any suggestion anyone?

Description : Hey all I am interested in renting apartment in Manhattan but can't really find no fee ones anywhere. Any suggestion anyone?

Last Answer : answer:Did you search the no fee apts on Craigslist? http://newyork.craigslist.org/mnh/nfa/

Do you think renting our house is a good idea?

Description : Do you think renting our house is a good idea?

Last Answer : Not a landlord now, agent fee of 8.25 % is reasonable ( one months rent per year ). The agent is responsible to collect the rent and pay you monthly. Remove ALL personal items and ... Check with your insurance and mortgage companies, there maybe a clause that restricts the rental of the property.

What questions should I ask my potential landlord before renting?

Description : What questions should I ask my potential landlord before renting?

Last Answer : How much is rent?

Is renting a limo for Prom night indulging our teens too much?

Description : Is renting a limo for Prom night indulging our teens too much?

Last Answer : I understand getting them a limo. But a stripper pole?! Im my opinion I think that is too much. I would tell her no pole or no limo!

If you're renting your house, do you have to be a licensed landlord?

Description : If you're renting your house, do you have to be a licensed landlord?

Last Answer : There’s no requirements or tests or anything like that, but it would behoove you to have a copy of these statutes so that you’re aware of your rights and responsibilities as a landlord.

How do you approach a next door neighbor that is renting their house as a vacation rental?

Description : How do you approach a next door neighbor that is renting their house as a vacation rental?

Last Answer : There are I am sure residential and property laws in your country or where ever you live. Perhaps seek them out, then you can build an effective case in order to stop this behaviour.

Is it common for people NOT to notify their mortgage company if they're renting their house?

Description : Is it common for people NOT to notify their mortgage company if they're renting their house?

Last Answer : I don’t believe there’s generally any legal necessity to do so. Reading the mortgage contract would be the way to tell for sure in an individual case.

Why is the rental agency im renting my house from trying to charge $150 extra on rent for PETS?

Description : Why is the rental agency im renting my house from trying to charge $150 extra on rent for PETS?

Last Answer : I think landlords do it because they can. I always tried to negotiate a higher security deposit so that they would be covered in case my animals did any damage. That seems to me much more fair than charging extra monthly rent.

Should a traveler renting a car get insurance when they rent?

Description : Should a traveler renting a car get insurance when they rent?

Last Answer : Depends on the country you go to. In doubt, yes. The average price of insurance per day is nothing compared to potentially having to pay an entire vehicle.

Is there any practical difference between leasing a house and renting a house?

Description : Is there any practical difference between leasing a house and renting a house?

Last Answer : answer:Leasing to own is almost like renting but it's usually a much longer term. With renting, you sign a retal contract for a specific time and if you don't like it ... crisis in 2007 shifted these factors toward waiting. http://www.mtgprofessor.com/A%20-%20Down%20Payment/buy_now_or_save_first.htm

Carpet cleaning services vs. renting machine?

Description : Carpet cleaning services vs. renting machine?

Last Answer : What’s the price difference? I’ve rented the machine before, it was super easy.

Who can tell you a good website for renting clothes?

Description : Who can tell you a good website for renting clothes?

Last Answer : Armoire is a monthly rental clothing subscription service for busy professional women. They offer access to high quality designer clothing for fixed monthly fee.cutt.ly/8jxTxCp

Is it worth renting a house in the countryside?

Description : Is there a demand for this?

Last Answer : If you can get it at a good price, yes. Of course, it also depends on where you are locally. Surely around Lake Balaton, in Venice, and in the settlements close to the Danube.

What documents do I need when renting a car?

Description : Hello, if I rent a car from a friend, what documents do I need to carry? Thank you

Last Answer : Citizen, driver's license and all car documents.

The amount of the deposit when renting an apartment.

Description : How much deposit to say when renting a 2 + 1 apartment. The apartment is basically equipped. Washing machine, refrigerator, beds, wardrobes, carpets ... Thank you

Last Answer : I would say for example CZK 10,000. That doesn't seem exaggerated to me. Simply when the residents destroy the equipment so that it can be taken from it.

Renting an apartment for a person who may be ordered to be executed

Description : Hello, I rent an apartment for a person who is in real danger of execution and may be investigated by the police for fraud. The apartment is owned by a different person (he is not the ... the apartment and confiscated some things from me? Alternatively, how to solve this. Thank you for answer.

Last Answer : if he / she had / has permanent residence there, then basically yes, but the executor can raid wherever he suspects that the property belongs to the debtor - and then it is up to you to prove ... them, I would turn to a lawyer for advice, they will probably be photographed and written by protocol)

Why is renting heavy equipment beneficial?

Description : Why is renting heavy equipment beneficial?

Last Answer : Renting heavy equipment beneficial because it takes so much effort to make heavy equipment and ofcorse everything that takes effort to make it will be beneficial and expensive

Why renting heavy equipment is beneficial?

Description : Why renting heavy equipment is beneficial?

Last Answer : The equipment are very expensive to purchase for an ordinary individual hence the need for renting it will help cut down on purchasing costs. In some companies, they give you the equipment ... compared to one having to incur extra expenses for getting other workers to operate the equipment.

What are the best sites for renting condos?

Description : What are the best sites for renting condos?

Last Answer : There are tons of them online that you can easily find and search through. Here is a listing of the top websites that I would suggest that you use to find what you are looking for. ... interesting listing. Apartment List will give you some great images and description of apartments in Chicago.

What is The function c(x) 0.5x plus 70 c(x) 0.5x plus 70 represents the cost cc (in dollars) of renting a truck from a moving company where xx is the number of miles you drive the truck.?

Description : What is The function c(x) 0.5x plus 70 c(x) 0.5x plus 70 represents the cost cc (in dollars) of renting a truck from a moving company where xx is the number of miles you drive the truck.?

Last Answer : Need answer

Is renting or leasing a house is NOT considered an alternative to borrowing on credit?

Description : Is renting or leasing a house is NOT considered an alternative to borrowing on credit?

Last Answer : True or false

What of these involves renting a residence for a specific amount of time such as six months one year or even five years?

Description : What of these involves renting a residence for a specific amount of time such as six months one year or even five years?

Last Answer : What is the answer ?

Is renting or leasing a house is NOT considered an alternative to borrowing on credit?

Description : Is renting or leasing a house is NOT considered an alternative to borrowing on credit?

Last Answer : True or false

Renting in Garland, Texas?

Description : Renting in Garland, Texas?

Last Answer : Garland, Texas is one of the inner suburbs of Dallas, and the2010 census reported a population of 222,013. Citizens of Garlandenjoy a variety of recreational activities and entertainment,including ... at $460 a month. For future tenantslooking for a luxury apartment, Mission Spring Creek offer

Renting in Orlando, FL?

Description : Renting in Orlando, FL?

Last Answer : Many people know about Orlando, FL for its great theme parks andwater parks. However, there is much more to Orlando outside of thetraditional notions of theme parks. Orlando is a beautiful city inFlorida that ... moving to Orlando, FL and the benefits it can bring one'slife.Many of the best condos

Close to Vegas: Renting in Henderson, Nevada?

Description : Close to Vegas: Renting in Henderson, Nevada?

Last Answer : Henderson, Nevada, is a suburb of Sin City itself, Las Vegas.This is a good location for renters who want to live close to LasVegas, but maybe can't afford the rent that comes with living ... At one point Henderson also made Moneymagazine's list of top 20 cities to live in. Potential renters whowant

An Overview of Renting in Fort Worth, Texas?

Description : An Overview of Renting in Fort Worth, Texas?

Last Answer : When it comes to renting in Fort Worth, Texas, you'll find a nice selection from average sized apartments all the way up to exclusive high end homes. Fort Worth is known to have a slightly ... in Fort Worth, you should at least become familiar with the major interstates mentioned above.If you're

Important Factors When Renting An Apartment?

Description : Important Factors When Renting An Apartment?

Last Answer : Are you thinking of renting an apartment? If so, there are a fewthings you should know. The most important thing is that you shoulddeal with a private renter. The best way to do this is by ... go looking for apartments and simply choose the one they likebest. If the landlord seems unfriendly, they d

Renting a Condo: Tips to Remember?

Description : Renting a Condo: Tips to Remember?

Last Answer : Renting a condo can be a fun process or it can be a stressfulprocess. Depending on how you have prepared for the process willdetermine how it goes. Many people have unrealistic expectationswalking into ... yourkey to navigating this process in an efficient and fun manner.Without a realtor, you may

Renting Homes in Dallas?

Description : Renting Homes in Dallas?

Last Answer : Dallas is one of the greatest cities in Texas. There are plentyof rental opportunities in Dallas for a person that wants to payaffordable rent prices. The greatest part is that people cantypically land ... simply want rental homes in Dallasto be able to enjoy such fabulous weather. In the winter

The Pros And Cons Of Renting New Commercial Property?

Description : The Pros And Cons Of Renting New Commercial Property?

Last Answer : If you are a business owner and you are thinking about renting anew office, you might be wondering if you should rent an office ina new building or an older building. Here are some of the ... might be a good fit foryou.Build-To-Suit Can Be BeneficialSome new buildings let future renters customi

Tips for Renting Office Space?

Description : Tips for Renting Office Space?

Last Answer : Did you know that location is almost everything when it comes tobuilding a successful business? No matter how talented the membersof your business are, that talent will likely go unnoticed if ... in very busy businessareas. Having a downtown location can make a law firm or investmentcompany look