No. of Recommendations: 2
What state / city are you in? In some areas like Massachusetts I would not recommend being a landlord.

I was a landlord in MA for 16 years, and DH has helped his dad with some rental issues as well. MA laws are very much in favor of the tenant, but if you follow the law very closely, it is possible to do well here and even get evictions when needed.

We're even considering getting back into the rental business in MA again. Like most things, if you follow the rules, you'll be OK.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.