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Common Landlord Mistakes

Tips and Advice for Landlords

Common Landlord Mistakes

  • Failure to verify actual rents, expenses, leases, zoning restrictions, repair and improvement costs before purchasing property.
  • Failure to hire properly insured contractors and property managers.
  • Hiring uninsured tenants to do work for you.
  • Failure to obey Fair Housing Laws.
  • Failure to check a tenant’s references: past and current landlord, past and current employer, income and credit history.
  • Failure to utilize a Lease Application and Lease.
  • Failure to collect a security and pet security deposit.
  • Failure to mitigate environmental issues such as lead paint, asbestos, etc.
  • Failure to maintain safe and clean apartments with smoke detectors, handrails, proper lighting, and childproof decks, balconies, windows and pools.
  • Failure to keep lawns, driveways, stairwells and sidewalks properly maintained and free of snow, ice, garbage and debris.
  • Failure to maintain and inspect properties on a regular basis.
  • Failure to respond efficiently to tenant complaints and dangerous repairs.
  • Renting out improperly zoned commercial and residential space.
  • Failure to meet municipal and state code requirements.
  • Failure to evict tenants and their property by appropriate legal means.
  • Failure to photograph property and utilize a tenant move-in move-out form.