How to Rent Out a Home in Pennsylvania

Determine Your Home Rental Readiness

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Is rental property right for you?question mark image by Suresh Makinidi from Fotolia.com

Identify and list your individual readiness to rent out your house. You are ready if you do not mind hanging on to the property or if you can deal with strangers living in your home.
2). Identify and list the condition of the house. Ideal conditions of your potential rental property should include a house in good repair that is in a safe part of town, and it should be either paid off or have a low mortgage.
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Investigate expenses to know your profit potential.dollar image by Aleksandr Ugorenkov from Fotolia.com

Identify and list the total cost of maintaining your property. Include mortgage payments, fees for assistance from a property management service (if any), utilities, maintenance, yard work, repairs, annual property taxes, and any legal consulting fees.

1). Contact your local city and/or county building in Pennsylvania to become familiar with any city and/or county guidelines for renting properties.
2). Make any necessary repairs to your rental home if needed.
3). Advertise your listing on sites such as rentals.com or craigslist.com. If you are moving away, contact a rental property management company.
4). Develop a rental agreement that suits your needs. Rental agreements on rentalsonline.com cost $18.95, and the site also enables you to list your property.
5). Screen your applicants.