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Are You Landlord Material? Here's How to Find Out


I got into the rental business by being an accidental landlord (circa 2008). The housing market crashed (remember that?) just as I planned to sell my childhood home. Since the house suddenly was worth half as much as it was just months earlier, I decided to turn it into a rental property instead of selling when the market was at its lowest.

I was not a profitable landlord with that house. The experience, however, was worth it: I sold once the market recovered, but even more important, I learned how to be a profitable landlord.

IMAGE SOURCE: GETTY IMAGES.

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Source Fool.com


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