Renting


Renting / Roommates, managing rentals, and understand rental terms

What are some things I need to consider before I rent out my house?

Before renting out your house, research the rental rates in your area to make sure renting your house is worth the effort. You’ll need to purchase rental insurance, and require ...
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I do not want to rent out my house to someone with kids

Under Federal Fair Housing Acts, the answer is no. A landlord is not allowed to discriminate against renters based on familial status, and that includes children and their ages. Of ...
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How to prepare to rent out a room for extra income?

You should first prepare your house by putting locks on all bedroom doors, keeping your valuables in a safe, and fixing pesky appliances. Then, look at Craigslist or other ads ...
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Why should I buy instead of rent? Who really stays in a house for 30+ years?

As long as you want to stay put for at least 5 years, it might make better sense for you to buy instead of rent. Having a 30-year mortgage doesn't ...
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How to handle tenants who pay rent late?

If your tenant does not pay the rent on time, there’s a legal process you must follow. This process varies from state to state. Do not allow the rent to ...
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Can I rent my current home with an existing mortgage, and still get a second house?

You can get a mortgage for a second house in this situation, but you must prove to the lender that you have the financial ability to carry both mortgages, as ...
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5 Pros And Cons of Living With a Roommate

Have you ever thought of sharing your home with another person? Whatever stage you’re at in your life, at some point you might consider finding a roommate to split expenses ...
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How can I pull my rental history?

Your rental history contains the past rental experiences in which your name was on the lease, and can make a difference in whether a landlord accepts you as a tenant ...
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What is option money when renting a house?

When renting a house with an option to buy, also known as leasing with option to buy, you pay the landlord/seller a one-time, nonrefundable option fee. This money gives you ...
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