Renting


Renting / Roommates, managing rentals, and understand rental terms

Things about a lease-to-own contract you may not know?

When you enter a rent-to-own or a lease-to-own situation, you're renting a house with the intention of buying it someday. Other terms are lease-option or lease-purchase. Lease options means you ...
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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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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 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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How can I kick-out my roommate?

Tenant law varies from state to state and city to city. Assuming your roommate is not on the lease, your best option is simply to ask him to leave. If ...
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How much should I charge for rent?

When you enter the rental business, you unfortunately can't just charge what you want in order to make a profit. You can charge only what the market will bear. You ...
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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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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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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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