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Should I be a Landlord? Nashville, TN Professional Property Management Advice

We often get this question from people in Nashville: should I be a landlord? Whenever I hear this, I like to ask prospective owners if they have the money to operate that property and treat it like a business. They have to ask themselves if they can afford to have the property vacant for three months and replace a water heater. If the owner says no or looks confused, he doesn’t have the money to be a landlord. We don’t want to get a tenant involved in a situation where a landlord does not have the financial resources necessary to keep a property running.

To be a landlord, you need to (more…)