{"id":150309,"date":"2023-10-13T08:27:59","date_gmt":"2023-10-13T08:27:59","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/"},"modified":"2023-10-13T08:27:59","modified_gmt":"2023-10-13T08:27:59","slug":"how-to-turn-a-home-into-rental-property","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/","title":{"rendered":"How to turn a home into rental property?"},"content":{"rendered":"<p>If you own a home that you no longer want to occupy or if you are looking for an additional stream of income, turning your property into a rental can be a great option. However, it is not as simple as just putting up a &#8220;For Rent&#8221; sign and finding tenants. There are several steps and considerations to take into account in order to successfully convert your property into a rental. In this article, we will explore the process and provide expert tips to help you navigate the transformation.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#The_Process_of_Turning_a_Home_into_a_Rental_Property\" title=\"The Process of Turning a Home into a Rental Property\">The Process of Turning a Home into a Rental Property<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#1_Evaluate_the_market_demand\" title=\"1. Evaluate the market demand\">1. Evaluate the market demand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#2_Research_local_laws_and_regulations\" title=\"2. Research local laws and regulations\">2. Research local laws and regulations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#3_Make_necessary_repairs_and_renovations\" title=\"3. Make necessary repairs and renovations\">3. Make necessary repairs and renovations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#4_Determine_a_competitive_rental_price\" title=\"4. Determine a competitive rental price\">4. Determine a competitive rental price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#5_Update_insurance_coverage\" title=\"5. Update insurance coverage\">5. Update insurance coverage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#6_Advertise_your_rental_property\" title=\"6. Advertise your rental property\">6. Advertise your rental property<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#7_Screen_potential_tenants\" title=\"7. Screen potential tenants\">7. Screen potential tenants<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#8_Create_a_lease_agreement\" title=\"8. Create a lease agreement\">8. Create a lease agreement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#9_Set_up_a_system_for_rent_collection\" title=\"9. Set up a system for rent collection\">9. Set up a system for rent collection<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#10_Handle_ongoing_maintenance_and_repairs\" title=\"10. Handle ongoing maintenance and repairs\">10. Handle ongoing maintenance and repairs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#11_Familiarize_yourself_with_tax_implications\" title=\"11. Familiarize yourself with tax implications\">11. Familiarize yourself with tax implications<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#12_Stay_up-to-date_with_landlord-tenant_laws\" title=\"12. Stay up-to-date with landlord-tenant laws\">12. Stay up-to-date with landlord-tenant laws<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#1_Can_I_convert_any_type_of_home_into_a_rental_property\" title=\"1. Can I convert any type of home into a rental property?\">1. Can I convert any type of home into a rental property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#2_How_much_rent_should_I_charge\" title=\"2. How much rent should I charge?\">2. How much rent should I charge?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#3_Should_I_hire_a_property_manager\" title=\"3. Should I hire a property manager?\">3. Should I hire a property manager?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#4_How_do_I_find_reliable_tenants\" title=\"4. How do I find reliable tenants?\">4. How do I find reliable tenants?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#5_How_do_I_handle_maintenance_requests\" title=\"5. How do I handle maintenance requests?\">5. How do I handle maintenance requests?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#6_Can_I_deduct_rental_expenses_from_my_taxes\" title=\"6. Can I deduct rental expenses from my taxes?\">6. Can I deduct rental expenses from my taxes?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#7_Should_I_require_a_security_deposit\" title=\"7. Should I require a security deposit?\">7. Should I require a security deposit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#8_What_happens_if_a_tenant_doesnt_pay_rent\" title=\"8. What happens if a tenant doesn&#8217;t pay rent?\">8. What happens if a tenant doesn&#8217;t pay rent?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#9_Do_I_need_to_notify_my_insurance_company\" title=\"9. Do I need to notify my insurance company?\">9. Do I need to notify my insurance company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#10_Can_I_raise_rent_for_existing_tenants\" title=\"10. Can I raise rent for existing tenants?\">10. Can I raise rent for existing tenants?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#11_What_happens_if_my_tenant_damages_the_property\" title=\"11. What happens if my tenant damages the property?\">11. What happens if my tenant damages the property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#12_How_often_should_I_inspect_the_rental_property\" title=\"12. How often should I inspect the rental property?\">12. How often should I inspect the rental property?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"The_Process_of_Turning_a_Home_into_a_Rental_Property\"><\/span>The Process of Turning a Home into a Rental Property<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Turning your home into a rental property involves several key steps. Follow these guidelines to ensure a smooth transition:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Evaluate_the_market_demand\"><\/span>1. Evaluate the market demand<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nBefore converting your home into a rental property, it is crucial to assess the market demand for rentals in your area. Research the rental rates, occupancy rates, and potential tenant pool to determine if rental income will be profitable.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Research_local_laws_and_regulations\"><\/span>2. Research local laws and regulations<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nFamiliarize yourself with local laws and regulations regarding rental properties. Some areas may have specific requirements, such as obtaining permits or licenses, ensuring safety compliance, or adhering to certain rental policies.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Make_necessary_repairs_and_renovations\"><\/span>3. Make necessary repairs and renovations<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nPrepare your home for rental by making any necessary repairs or renovations. This includes fixing plumbing issues, repainting walls, updating flooring, and replacing broken fixtures. A well-maintained property attracts responsible tenants.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Determine_a_competitive_rental_price\"><\/span>4. Determine a competitive rental price<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nResearch the rental rates for similar properties in your area to determine a competitive price. Setting the right rent price ensures your property remains attractive to potential tenants while maximizing your return on investment.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Update_insurance_coverage\"><\/span>5. Update insurance coverage<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nReview your homeowner&#8217;s insurance policy to see if any adjustments or additions are required when converting your property into a rental. Landlord insurance is typically recommended to protect against any potential liabilities.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Advertise_your_rental_property\"><\/span>6. Advertise your rental property<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nCreate compelling advertisements that highlight the key features and benefits of your rental property. Utilize online platforms, social media, local newspapers, and real estate agents to effectively market your property to potential tenants.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Screen_potential_tenants\"><\/span>7. Screen potential tenants<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nImplement a thorough tenant screening process to mitigate risks and ensure you find reliable tenants. Conduct background checks, check references, verify employment and income, and establish minimum credit requirements.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Create_a_lease_agreement\"><\/span>8. Create a lease agreement<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nDraft a comprehensive lease agreement that clearly outlines the terms and conditions of the rental. Include details regarding rent payment, length of lease, maintenance responsibilities, and any specific rules or restrictions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Set_up_a_system_for_rent_collection\"><\/span>9. Set up a system for rent collection<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nEstablish a reliable system for collecting rent from your tenants. Decide on the preferred method of payment, whether it be checks, online transfers, or other electronic platforms. Consistency and clear communication are key in rent collection.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Handle_ongoing_maintenance_and_repairs\"><\/span>10. Handle ongoing maintenance and repairs<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAs a landlord, you are responsible for handling ongoing maintenance and repairs. Set up procedures for tenants to report maintenance issues promptly, and establish a network of trusted contractors or handyman services to address these concerns efficiently.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Familiarize_yourself_with_tax_implications\"><\/span>11. Familiarize yourself with tax implications<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nConsult with a tax professional to understand how renting out your property will impact your tax obligations. Rental income may be subject to taxes, but you may also be eligible for deductions related to rental expenses.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Stay_up-to-date_with_landlord-tenant_laws\"><\/span>12. Stay up-to-date with landlord-tenant laws<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nContinue educating yourself on landlord-tenant laws and regulations to ensure you are always in compliance. Stay informed about any changes or updates that could affect your rental property business to avoid legal troubles in the future.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Can_I_convert_any_type_of_home_into_a_rental_property\"><\/span>1. Can I convert any type of home into a rental property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, you can convert any type of home into a rental property as long as it meets local safety and housing regulations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_How_much_rent_should_I_charge\"><\/span>2. How much rent should I charge?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nResearch similar properties in your area to determine a competitive rental price. Factors such as location, size, amenities, and condition of the property should be considered.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Should_I_hire_a_property_manager\"><\/span>3. Should I hire a property manager?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nHiring a property manager can be beneficial if you prefer to have professionals handle the day-to-day operations of your rental property, but it is not mandatory.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_How_do_I_find_reliable_tenants\"><\/span>4. How do I find reliable tenants?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nImplement a thorough tenant screening process that includes background checks, employment verification, and contacting references to find reliable tenants.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_How_do_I_handle_maintenance_requests\"><\/span>5. How do I handle maintenance requests?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nEstablish a consistent system for tenants to report maintenance issues and have a network of trusted contractors or handyman services to address these needs promptly.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Can_I_deduct_rental_expenses_from_my_taxes\"><\/span>6. Can I deduct rental expenses from my taxes?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, you may be eligible for tax deductions for expenses related to your rental property, such as repairs, maintenance, property management fees, and mortgage interest.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Should_I_require_a_security_deposit\"><\/span>7. Should I require a security deposit?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nRequiring a security deposit is generally recommended to protect against any potential damages or unpaid rent.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_What_happens_if_a_tenant_doesnt_pay_rent\"><\/span>8. What happens if a tenant doesn&#8217;t pay rent?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nEstablish clear eviction procedures in your lease agreement and follow legal processes to address non-payment of rent.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Do_I_need_to_notify_my_insurance_company\"><\/span>9. Do I need to notify my insurance company?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, it is crucial to inform your insurance company when converting your property into a rental. Homeowner&#8217;s insurance may not fully cover rental-related risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Can_I_raise_rent_for_existing_tenants\"><\/span>10. Can I raise rent for existing tenants?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf allowed by local laws and specified in the lease agreement, you may be able to raise the rent for existing tenants at the end of their lease term.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_What_happens_if_my_tenant_damages_the_property\"><\/span>11. What happens if my tenant damages the property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAssess the damages, deduct the costs from the security deposit (if applicable), and follow the necessary legal procedures to address significant damages.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_How_often_should_I_inspect_the_rental_property\"><\/span>12. How often should I inspect the rental property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nConduct regular inspections annually or biannually to ensure the property is being well-maintained and to identify any potential issues early on.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you own a home that you no longer want to occupy or if you are looking for an additional stream of income, turning your property into a rental can be a great option. However, it is not as simple as just putting up a &#8220;For Rent&#8221; sign and finding tenants. There are several steps &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How to turn a home into rental property?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#more-150309\">Read more<span class=\"screen-reader-text\">How to turn a home into rental property?<\/span><\/a><\/p>\n","protected":false},"author":36,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-150309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to turn a home into rental property?<\/title>\n<meta name=\"description\" content=\"If you own a home that you no longer want to occupy or if you are looking for an additional stream of income, turning your property into a rental can be a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to turn a home into rental property?\" \/>\n<meta property=\"og:description\" content=\"If you own a home that you no longer want to occupy or if you are looking for an additional stream of income, turning your property into a rental can be a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/synchronyfinancial\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-13T08:27:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"164\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Eileen Blackwell\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@synchrony\" \/>\n<meta name=\"twitter:site\" content=\"@synchrony\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Eileen Blackwell\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/\"},\"author\":{\"name\":\"Eileen Blackwell\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/c799e94cf8db4ccb6c0493767541de46\"},\"headline\":\"How to turn a home into rental property?\",\"datePublished\":\"2023-10-13T08:27:59+00:00\",\"dateModified\":\"2023-10-13T08:27:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/\"},\"wordCount\":950,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\"},\"articleSection\":[\"Learn\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/\",\"url\":\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/\",\"name\":\"How to turn a home into rental property?\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\"},\"datePublished\":\"2023-10-13T08:27:59+00:00\",\"dateModified\":\"2023-10-13T08:27:59+00:00\",\"description\":\"If you own a home that you no longer want to occupy or if you are looking for an additional stream of income, turning your property into a rental can be a\",\"breadcrumb\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/namso-gen.co\/blog\/how-to-turn-a-home-into-rental-property\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/namso-gen.co\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How to turn a home into rental property?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\",\"url\":\"https:\/\/namso-gen.co\/blog\/\",\"name\":\"Namso Gen Blog - 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