By Andrew Trim
Author of Real Estate Dangers
Renting your investment property out to family or friends can sound like an ideal situation, however it can quickly turn into a problematic tenancy. What may seem sensible to begin with, renting to family and friends can cause problems if the right measures are not implemented.
Tenants who are overly close with their landlords will sometimes take advantage of the situation, even if it is unintentional. Whether it’s delayed rent payments or a below...