March 2018

20 Mar 2018

5 questions to ask before becoming a landlord

Whoever first decided to categorize rental properties as a source of passive income, clearly was not a landlord. Just ask Allen Tate Regional Vice President Tony Jarrett. “If you’re thinking of becoming a landlord, either by purchasing investment properties or by renting out a home you’re not currently living in, then there’s work to be done!” Jarrett has assisted many successful landlords throughout his real estate career; but he knows of some disappointing outcomes, too. So Jarrett’s first advice to anyone considering a role as landlord is to get definitive, detailed answers to these five questions: How do I disconnect my emotions from the property? If you are transitioning a property from “home, sweet home” to a rental, those nostalgic feelings about...
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