THE TOP 5 LANDLORD MISTAKES
25-03-2015 Industry News Tips and Advice
Joshua Dorkin Verified Donor
BiggerPockets Founder from Denver, Colorado
http://www.biggerpockets.com/forums/52/topics/23212-the-top-5-landlord-mistakes
My Short List:
- Overpaying up front - paying too much for the property, resulting in diminished cash-flow
- Failure to understand financial management of a property
- Leniency - not going after late paying tenants immediately
- Failure to address problems with your rental units ASAP. Small problems often explode into huge ones when ignored.
- Overcharging / undercharging rent
Glen