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So you want to be a landlord…PART 1

October 19th, 2007 · 2 Comments

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HELP! – I CANT SELL MY HOUSE – I NEED TO RENT – NOW WHAT???

 

Is this your situation? 

  • You have your  property listed but no offers

  • You cant lower price further without losing money (i.e. I would have to come up with cash to close)

  • The mortgage payments are eating you alive.

The first thing you need to is call me educate yourself with the laws regarding Landlords/Tenants. 

You can get plenty of information off the Internet.  This California Courts Self-Help website is good for starters.

 

WARNING #1:  Having been a landlord I can tell you many tenants KNOW their legal rights; you need to know what your legal responsibilities are.


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