Tiêu đề 20 biggest mistakes on first rental.pdf ✅

20 BIGGEST MISTAKES ON MY FIRST RENTAL PROPERTY -ALLOWING PETS- They’ll be a liability and can cause property damage -DOING ONE YEAR LEASES- We want our tenants to stay as LONG as possible -BEING FRIENDS VS BEING FRIENDLY- Don’t get to know the tenant personally, keep it professional and surface level -DOING 30 DAY NOTICE TO VACATE- We always to 90 day notice to vacate on our leases, if you can -TAKING PERSONAL CHECKS- We only accept cash, certified funds, money order or digital payment -KEEP TRACK OF LATE FEES- Don’t let tenants get away w/ paying late w/out the late fee later -BE THE MANAGER NOT THE OWNER- Being the manager allows the pressure to be taken off you to make major decisions -VERIFY INCOME- Use the attached Employment Verification to check the info of the prospective tenant’s job -RENT DUE ON THE 1ST- We make our lease rent due date on the 28th SEND OUT/FILE PROPER NOTICES- Don’t slip on mailing late rent docs and filing eviction docs on time, whether the tenant says he’ll pay or not -COMMUNICATING TOO MUCH- Don’t waste time calling and asking tenants for rent, it doesn’t work -NOT TRYING SECTION 8- Don’t be scared to at least look into working with the government to get your rent paid, they pay on time every month -TAKE PICS OF DAMAGES- Don’t forget to take pics when tenants move out so you can deduct from their security deposit -NOT TRYING LEASE OPTIONS- If you’re looking for large down payments, this is for you -CHARGE COURT FEES TO TENANTS- Don’t be so happy to get rent that you forget to pass on the court and filing fees to the tenant -CHECKING EVICTION FILINGS- Make sure you verify if your prospective tenant has ever been to eviction court, even if they didn’t get evicted -AIR FILTERS- We give all our tenant air filters for the HVAC system -SPEAKING TO PREVIOUS LANDLORDS- Take the time to get them on the phone to verify the application and Landlord verification doc -DRIVING BY YOUR PROPERTY- Nobody cares about your house more than you so put your eyes on it from time to time -THINKING PROPERTY MANAGER WILL DO EVERYTHIING- Please watch Sam’s video of all the problem managers he tried. You must ride and push everybody on your team, there is NO passive income....