How fast can you rent a house?

How fast can you rent a house?

Depending on the specifics of your property and its location, property management companies can generally rent a house within 30-60 days. For DIY landlords, it's not unusual for it to take up to twice that long to fill a vacant rental house.

How much profit should you make on a rental property?

You need to charge high enough rent to cover your expenses and take home a profit. With mortgage payments to contend with and a tough competition, you may only be able to profit $200 to $400 per month on a property. That's $4,800 a year, a far cry from the $50,000 we're talking about for earning a living.

How long does it take to do a credit check for renting?

When you have been approved, the company can then proceed to run credit checks on your prospective tenant. Getting approved can take somewhere from 2 to 10 days, depending on how many other landlords are getting approved at the same time, and the particular company involved.