Q: I'd like to invest, but doesn't being a landlord mean a lot of work and headache?
A: Being a landlord may not be easy. There can be problems with people, and there can be problems with your building. As for people, there are several ways to get good tenants:
Good credit
Good income
Good references
Good criminal background checks
Do this up front, and the likelihood of having problems later is much less. As for the building, do routine maintenance and when you have a problem, fix it right, not cheap.
Take time to do things right the first time, or make time to do it again.
Tim McIntyre, GRI
tmcintyre@cbmove.com
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Visit my website at www.timsellshomes.com.
Ellicott City Realtor, Catonsville Realtor serving Howard County, Carroll County and Baltimore County for more than 25 years.
