Handle your investment. Handling a house takes energy and time. You should get a professional property manager to advertise the rental, screen and select tenants, collect and pay the rent, co-ordinate repairs and maintenance, provide condition reports and manage any disputes if you don’t have much to spare of either. Ask other regional landlords for recommendations for reputable supervisors. Its also wise to conduct twice-yearly inspections your self. Any associated expenses, including travel and accommodation, are income tax deductible. You will need to be well-versed on tenancy laws and prepared to organise repairs, including those that arise after hours if you decide to self-manage. WeRead More →