How to Be a Good Roommate

Smiling woman sitting in shared apartment with roommate.

Living with roommates can save you money — or help you afford a nicer place to live — but beware of the pitfalls of communal living. Here are a few tips for being a good roommate. Financial responsibilities Tackle the question of who pays for what quickly and early on. Will each person pay a […]

Six Things Every First-Time Renter Should Know

A female, first-time renter gives keys to a male landlord.

Before signing the lease on your first apartment, don’t forget to read the fine print. That’s where you’ll find the details of your responsibilities as a tenant. Failing to read them could cost you big money as a first-time renter. At move-in Before moving in, the landlord or property manager will ask you to inspect […]

Buying Rental Property With Existing Tenants

Close up copy of a lease contract that one would manage when buying a rental property with existing tenants. Eye glasses, a calculator, pen and house keys are also pictured on top of the contract.

If you’re buying rental property with existing tenants, whether they occupy the entire space or only a basement or garage apartment, you are probably focused on the property’s income-generating potential. But you’re also taking on important legal obligations. Here’s what you need to know before you buy. The lease abides The most important thing to […]