There are many reasons to consider finding a tenant and renting out your home. If the market is bad for selling, it’s a great way to pay down your mortgage without taking a loss. In addition, it could be a profitable source of income if you know how to find the right tenants. However, there are a few things you should do before you let a new tenant move into your house. Before you sign the lease, check these three tasks off your list.
1. Schedule a Tune-Up for Major Systems and Appliances
Make sure all of the major components of your home are in excellent shape. Schedule an hvac service contract chicago il and have a pro take a look at your fridge, washer and dryer. A little preventative care could save you thousands of dollars in replacement costs and help you get a longer life out what you already have. (more…)