Being Your Own Landlord

I have rented out a home either through a property manager or on my own. Yes

The following are all reasons I decided to rent out a home I lived in instead of selling: The market softened and I waited for a rebound in price

I needed to move quickly and couldn't sell fast enough

I want to use my home as an investment

I wanted to avoid paying capital gains tax by selling

I would net good cash flow

Rentals were strong in this area

I owed more than my house was worth

I owe so little that my house will cash flow well

Other (please specify)

When I made the decision to rent out my home I did so: On my own

Through a property manager

Other (please specify)

	Very Hard	Hard	Neutral	Easy	Very Easy	N/A
Finding any renter	How would you rate each of the following: Finding any renter Very Hard	Hard	Neutral	Easy	Very Easy	N/A
Finding a good qualified renter	Finding a good qualified renter Very Hard	Hard	Neutral	Easy	Very Easy	N/A
Deciding on price	Deciding on price Very Hard	Hard	Neutral	Easy	Very Easy	N/A
Deciding on a property manager (if applicable)	Deciding on a property manager (if applicable) Very Hard	Hard	Neutral	Easy	Very Easy	N/A
Determining the best move was to rent instead of selling	Determining the best move was to rent instead of selling Very Hard	Hard	Neutral	Easy	Very Easy	N/A
Managing the property once the renter moved in	Managing the property once the renter moved in Very Hard	Hard	Neutral	Easy	Very Easy	N/A
Checking up on the renter	Checking up on the renter Very Hard	Hard	Neutral	Easy	Very Easy	N/A
Getting the renter to pay	Getting the renter to pay Very Hard	Hard	Neutral	Easy	Very Easy	N/A
Collecting rent checks	Collecting rent checks Very Hard	Hard	Neutral	Easy	Very Easy	N/A
Handling maintenance issues on your own (if applicable)	Handling maintenance issues on your own (if applicable) Very Hard	Hard	Neutral	Easy	Very Easy	N/A

Other info

	Yes	No	N/A
Consider a lease to buy option	Did you do any of the following: Consider a lease to buy option Yes	No	N/A
Allow a lease to buy option	Allow a lease to buy option Yes	No	N/A
Allow pets	Allow pets Yes	No	N/A
Negotiate your property managers fee (if applicable)	Negotiate your property managers fee (if applicable) Yes	No	N/A
Require the tenant to sign a lease agreement	Require the tenant to sign a lease agreement Yes	No	N/A
Inspect the property regularly (monthly, quarterly, yearly)	Inspect the property regularly (monthly, quarterly, yearly) Yes	No	N/A
File any complaints about the tenant	File any complaints about the tenant Yes	No	N/A
Cancel your contract with a property manager and take over rental (if applicable)	Cancel your contract with a property manager and take over rental (if applicable) Yes	No	N/A
Consider a property manager and decide to rent the property yourself instead (if applicable)	Consider a property manager and decide to rent the property yourself instead (if applicable) Yes	No	N/A
Run into problems with the tenant (if so please explain in the text box)	Run into problems with the tenant (if so please explain in the text box) Yes	No	N/A
Find your home trashed when the renter moved out	Find your home trashed when the renter moved out Yes	No	N/A
Find the home in good condition when the renter moved out	Find the home in good condition when the renter moved out Yes	No	N/A
Would consider renting your home out again	Would consider renting your home out again Yes	No	N/A

Other (please specify)

Please list any comments or advice you have to individuals considering renting out their home.

If you used web sites in your search for a renter or when seeking legal or professional advice, please list those you do and do not recommend here.

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