My tenant just asked me if they could end their lease a month early because they are going into the military. I personally don't have a problem with this as long as I have someone to take over the apartment as soon as they're gone. I am a new landlord though and wanted to see what others do with a request like this. Would love your thoughts

I keep seeing people turn their basements into rentals, but I’ve heard the rules can get tricky depending on where you live. How do you figure out if a basement can legally be rented out? Do you just call the city? Or is there some checklist for things like ceiling height, windows, permits, etc.? Curious what others have run int, any surprises or lessons learned before someone goes all-in on a basement unit that can’t actually be rented?

First-time landlord shares experiences and tips, from dinner invites to helping a tenant after an accident, showing the positive side of renting. #landlord #tenants #rentalproperty #realestate #propertyManagement #homelord #househacking

One of the biggest mistakes first-time landlords make? Treating it like a charity. It’s not. It’s a business. A business must be profitable, or it won’t last. Tenants are like employees, you have a contract with them. - If they don’t hold up their end (like not paying rent), they’re “fired.” - If they do, life is great. You can run it like a business and still humanize the experience. The two aren’t opposites.

Think about WHO rents a basement rental, detached ADUs, etc. Where do they look? I have 3 main places... but the main one is FACEBOOK MARKET PLACE. Where do you find your tenants?