6 must-know tips for homeowners renting out their property
An unused basement, with a bit of TLC, makes a perfect income suite or rental option on your home. What’s more, with the explosion of Airbnb and their innovative business model, many homeowners have begun renting out their homes when they’re away in the hopes of increasing their cash flow. Renting out your home, when done properly, can introduce considerable additional finances into your household. This money can ultimately pay for your mortgage and often, even produce a profit.