Residential, Lifestyle And Rural Property

8 Costly Mistakes Landlords Make When It Comes To Their Investment Property

8 Costly Mistakes Landlords Make When It Comes To Their Investment Property

8 Costly Mistakes Landlords Make When It Comes To Their Investment Property

1. Inadequate Background Checks On Potential Tenant

Back ground checks are a must, you need to make sure your prospective tenant can afford your property and that they will look after it. You will need to get the magnifying glass out to check income details, employment details and references.

 

A DIY landlord or a managing agents who don’t do the right checks and screening process can lead to

an unsuitable tenant being accepted.

 

This is a very important step as this can reduce stress and costs in the long run.

 

2. Download our Ebook - 8 Costly Mistakes Landlords Make When It Comes To Their Investment Property 

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