If you are interested in purchasing real estate as an investment and creating a second source of income, renting it out and becoming a landlord is a great way to do that. There are many advantages to becoming a landlord, and it can be a great way to make a large amount of money. It can also become a hassle quickly if you do not take steps to protect yourself. Many things can go wrong for you as a landlord, but there are ways to protect yourself if you take the right steps. It does not take much for a great situation to go wrong, and the next thing you know, you are being sued by your tenant. Follow these three steps, and you should be able to avoid litigation.
Continue reading 3 Steps landlords can take to prevent litigation