During the offer acceptance phase, bring in a contractor to assess your rehabilitation checklist and perform an inspection walkthrough. Once you close the deal, you can instruct the contractor to begin the rehabilitation. The agreement with your contractor should be in writing and reviewed by your...
Iowa, and Indiana farmers afford cash rent of $222, $230, and $194 per acre, respectively, when the 2020 national market year average price for corn and soybeans is projected to be $3.35 per acre (down 25¢ from last year) and $8.50 (down 5¢...
Renting the property when you’re not going to be there anyway could generate income that pays for renovations, property taxes or anything else you might need. As long as you rent for fewer than 15 days during the year, that rental income is tax free. Things to keep in mind when ...
research housing options, connect with landlords willing to rent to people with bad credit, and ultimately secure a rental agreement that suits your financial situation.
Also, general things like how you will pay rent and collect from your roommates, as well as things like security deposits should be considered. Once you’ve determined who will do what, you’ll want to make your agreement official. You might be wondering, do all roommates have to sign a...
When you rent to own a house, the home buying process stretches out over a much extended period. The buyer finds a property owner willing to enter into a rent-to-own agreement. The buyer and seller negotiate an arrangement where the buyer can live in the home and pay rent for a specifi...
energy and gas certificate, you can then apply for a landlord’s insurance. To sum it up, it does take some effort to prepare your house as a rental property. But this is worth it because all of your effort will generate good returns in the long term that might make you a happy ...
5. Try rent to own If you don’t have savings for a down payment, a rent-to-own agreement—also called a lease option—can be a way to buy a future rental property with no money down. You rent the home now with the option to buy it later, and some of your monthly payments may...
5 Ways to Climate-Proof Your Home With a few changes, you can ensure your house is more able to stand up to Mother Nature's onslaught. Geoff WilliamsApril 17, 2025 Hiring a Cleaner for Your House Whether it's spring cleaning or year-round help, know your options when you’re ready to...
Rent-to-own contracts will vary depending on the situation, but they typically have two main components: The lease agreement: When you initially move into the home, you are doing so as a renter. As part of the contract, you agree to lease the property and pay the owner rent. A portion...