When buying a property, what comes to your mind aside from living in it? It’s going to be an investment, right? How can you make it an investment? Have it rented out. However, renting out a property means you need to manage it as well. The question is do you have the time to do that?
Every tenancy agreement contains list of certain responsibilities of both the landlord and the tenant. One of the most important is returning the property unit in acceptable conditions. To avoid complications during the take over of the unit it is recommended to have an inventory checklist signed. It will help in recordingproperty conditions at the time of hand over.