Becoming a Landlord
There are two common ways people become landlords:
- Buy an additional property as a rental.
- Downsize (or relocate) and keep your current home as a rental.
We can help you run the numbers and choose a strategy that fits your situation.
What matters most
- Cash flow: rent minus mortgage, taxes, insurance, HOA, maintenance, and vacancy.
- Reserves: plan for repairs and gaps between tenants.
- Risk & tenant quality: screening, leases, and local rules.
- Exit plan: keep long-term, refinance later, or sell.
Quick evaluation checklist
- Expected rent range and rent growth
- Property condition and expected repairs
- Insurance and tax estimate
- HOA rules (if any) and rental restrictions
- Property management plan (DIY vs professional)
Want financing options?
Financing for rentals can include conventional investment loans, DSCR-style options, or strategies depending on equity and income.