Buying a Home With The South Bay Team Fejeran Lyon Selling A Home 2 | Page 11

5. Will you allow pets? Cats? Dogs? How big a dog? 6. How will you actually collect the rent? By mail? In person? 7. Repairs are part of being a landlord. Who will take tenant calls when necessary repairs come up? 8. Do you have a list of craftspeople readily available to handle these repairs? 9. How often will you do a physical inspection of the property? 10. Will you alert your current neighbors that you are renting the house? KEEPINGCURRENTMATTERS.COM Bottom Line Again, renting out residential real estate historically is a great investment. However, it is not without its challenges. Make sure you have decided to rent the house because you want to be an investor, not because you are hoping to get a few extra dollars by postponing a sale. www.SouthBayTeam.com [email protected] 310.545.5511 Office 310.345.1239 Julie Cell 310.702.6999 Sheri Cell CalBre: 01217478/01717819 8