Landlord Question and Answer Forum
New to Real Estate Investing - 1 Question
Hi I am new to real estate investing and currently live in the Norristown, PA area. I have been looking at several single family homes to start my portfolio but havent found anything worth purchasing yet. Most of the homes I am looking at are small, between 3-5 bedrooms. My question is, Is a 3,4 or 5 bedroom any easier to rent out than the other? My assumption would be that it is easier to find tenants for a 3 bedroom than a 5 but that is a guess. Has anyone had any experience with this? Thanks
Greg O, PA on Wednesday, October 28, 2009
Ref:
RE: New to Real Estate Investing - 1 Question
Well there are so many varied opinions on this. My personal experience is this: It is easier to rent out 3 bedrooms BUT with that being said a properly priced 4+ bedroom can also be marketed and rented out as well. You can call it a 3 + bedroom with an office/guestroom. OR the big thing now is renting out rooms one by one; you have to check with your zoning office about this. If you are open to it, going the "HUD Voucher" way may also be an option.
Posted by
Denise S, PA
on
Thursday, October 29, 2009
Rent Receipt
This standard rent receipt records every aspect of a tenant’s payment, including amount, payment type, and date. Also includes memo space for individualized record-keeping.
Document
Features
Property Management Agreement - Property Management Contract
This is a contract executed between a landlord and a property manager, outlining the responsibilities of each party and the agreed-upon fee structure.
with State Assist guidelines
Document
Features
- Auto-fill Document
- Email-able
Lease Renewal Notice
Extend the terms of an existing lease with just a few clicks of the keyboard using this customizable form.
Document
Features
- Auto-fill Document
- Works with Window Envelopes
- Email-able
- Custom Logo Compatible
- Editable
Direct Deposit Billing Authorization
This document asks for the tenants authorization to automatically debit a tenants' bank account for the rent each month.
Document
Features
Author:
Jacob W, WI
Updated:
03/27/2011
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Thomas T, MA
Updated:
01/03/2012
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David A, WA
Updated:
06/01/2011
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Keith C, VA
Updated:
10/01/2010
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Author:
The D, CA
Updated:
09/08/2010
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