Turn Your Home Into a Rental House Instead of Selling It! - Paperback

by Terry Sprouse (Author), Angy Sprouse (Author)

According to the "American Association of Realtors," the average American purchases seven houses during their lifetime. Real estate investors Terry and Angy Sprouse believe that those seven houses should be converted into rental houses and held for the rest of our lives. They are valuable assets that will generate monthly income for the hard years to come, and provide further assurance of long-term economic family security. Like the old folktale says: "Don't kill the goose that lays the golden eggs." The authors describe where to find the best properties, how to pay for your houses, property inspection, the nitty-gritty steps on how to prepare your new rental house for tenants, how to attract and screen tenants, managing tenants, and complying with EPA regulations. The appendix includes samples of leases, property inspection sheets, tenant selection rating sheets, and many other valuable forms to get you started in your rental house business.