DIY home renovation projects are all the rage. Thanks to good ol' Chip and Joanna Gaines, anyone and everyone who has a property, drill, runaway imagination, and HGTV on demand is renovating in fresh, inspiring ways.
Property protection should be non-negotiable—no landlord should risk going without it. Just like you wouldn't (or shouldn't) drive a car around without insurance, you don't want to rent out your property without the proper asset protection.
Like with any investment, real estate has inherent risks—and rental vacancies are one of the biggest and baddest.
Laura always knew she wanted to get into long-term rentals, and when she was finally satisfied with her stability and savings, she decided now was the time. After looking up and down the West Coast and finding little hope with her realtor in Portland, Laura gave her ol' friend PJ a call—who just happens to be Nomad's co-founder.
As a landlord, you face a tricky balance: you want to protect your property, but you also want to avoid lengthy vacancies.
Victoria was moving out of town and decided she wanted to rent out her property instead of sell it. However, the DIY landlord approach didn't start out so well. Marketing the property on Zillow and Facebook was slow going, and she wasn't sure how she'd manage the property from far away. After over a month on the market, the rental property still sat vacant.
Considering renting out your home for the first time can be both thrilling and nerve-racking. Is it worth it in the long run? Should you sell instead? How much work is it going to take?
