![]() ![]() ![]() If anything goes wrong, you are just next door.”īefore you wade into the duplex and landlord business, however, there are some numbers to consider, such as researching what rents are going for in your area. “You can keep a close watch on your tenants to make sure they aren’t doing anything illegal or destroying your home - without invading their privacy. “You will see the place every day and see any repairs that need to be made,” says Joe Polyak, a Northern California agent. Why? You live close to your rental property. ![]() An excellent way to get started is by buying a duplex, living on one side, and renting out the other. But there’s a lot to learn, such as how landlord-tenant laws work in your state, how to customize a lease, how to make sure you actually collect rent, and how to screen potential tenants. Being a landlord is a great side business and can provide a way to earn passive income. ![]()
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