Now might be the perfect time to put invest in rental property. “As with many investments, the best time to get in is when most others are sitting on the sidelines,” reports CNN Money online. There are several reasons why now may be the best time to invest in rental property. Mortgage rates are at a 40 year low and home prices are almost rock bottom which will better enable you to enter the market.

The relationship that you enjoy with your landlord can directly impact your lifestyle, comfort, image, and financial standing. Establishing a positive and healthy relationship with your landlord can go a long way in helping you live in the best conditions possible, getting you the fastest responses to maintenance requests, and keeping your rental rates reasonable.

The following are some quick tips which can go a long way in helping to maintain and improve landlord/tenant relations:

1. Renting can save you money. 

According to popular myth, renters are just throwing their money away. But the reality is that when you buy a home, you’re paying for closing fees, mortgage interest, property taxes, private homeowners’ insurance and maintenance — costs that return nothing on your investment.