Landlord Investment Tips

Have you ever thought about investing in rental property? Apartment buildings, condominiums, rental housing...all of these properties can be lucrative investments. Or they can be disastrous money pits!!! Below are several articles covering not only investing in multi-family properties, but also what to do with the property once it's yours.

Do you dream of being a landlord and collecting a paycheck every month, basically making money while you sleep? Sounds like a great way to get paid. However, being a landlord can also bring a lot of liability issues. Taking the right precautions may keep you out of the courtroom.

  • Screen tenants
  • Require renter's insurance
  • Protect property from vandalism
  • Have fair rental loss coverage
  • Obtain adequate limits of liability

Useful Websites

National Apartment Association, (www.naahq.org, 2008)
Multi-Housing News, (www.multi-housingnews.com, 2008)
Multifamily Housing, (KnowledgePlex, 2008)
Multifamily Financing, (FannieMae, Dec. 1, 2008)
Multifamily Housing, (HUD, Oct. 20, 2008)
Underwriter's Toolbox, (Banks Channel Publishing LLC, 2007)
National Multi Housing Council, (www.nmhc.org, 2005)