Becoming a Landlord
Every individual who has attended MHANY's First Time Homebuyer Educational Program and who is interested in owning a multi-family dwelling (2, 3 or 4 family) is required to attend a landlord/tenant workshop or one-on-one session with a loan counselor. This class or counseling is offered to MHANY's clients who are becoming landlords. All families attending this class or one-on-one counseling session (which ever is available at the time) will receive a Becoming a Landlord certificate which is required by the Lender. The components of the workshop or one on one counseling session include the following:
For more info call us at (718) 246-8080 x239 or email us!
Responsibilities of a Landlord
Finding Reliable Tenants
Enforcing Rental Policies
What Should be Included in the Lease
Eviction
When Should You Evict a Tenant
What You Can Do To Avoid Eviction
How To Conduct An Eviction
Maintenance Responsibilities
Maintaining the Value of the Property
Various Types of Insurance
Tax Benefits of Being a Landlord