Owning a rental property can be a great thing for your financial portfolio. If the property is managed correctly then you can enjoy a passive income to help pay the mortgage for this home. If you are a landlord then make yourself familiar with the legal rights of both yourself and your tenants. Whilst the tenants in place have a few obligations to fulfill when renting your property, you also have an obligation to your tenants regarding your rental. It's an important safeguard for yourself
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