There is a lot to consider when you first take the step to rent out a property you own. Whether you are looking to move out of the family home and offer it for rent, or whether you have purchased your first investment property specifically to find a great tenant - there is a lot to be done before it hits the market.
A conversation with an experienced rental property manager is of course a very good place to start. Additionally, the following points will provide a broad overview of what will need to be done and/or prepared in advance of finding a tenant for your home.
If you're a landlord or landlord-to-be and you're asking the question "Do I Need Landlord Insurance?" - the answer is undoubtably yes. This article explains why.
However even if you have landlord insurance for your investment property, it's worth taking the time to consider these few questions to ensure your policy is up to date and your investment is covered securely.
Carnelian Property Management Newcastle NSW
We are a family-owned and run Newcastle real estate agent offering expert property management across Newcastle and Lake Macquarie.
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