1. Using A Generic Lease-
You might think that it's cheaper to just download a rental agreement online for free or to pay a few bucks for a generic lease, but doing so can really come back and bite you in the backside later. As soon as there's any conflict with your tenant, that rental agreement is going to be the focus of everyone's attention. The tenant will be looking for loopholes, and with most generic rental agreements, they'll be able to find them fairly easily.
2. Not Researching Rental Applicants-
You can't just rent out your unit to the first person off the street who shows interest. You need to have a screening process in place to ensure you get quality tenants with good rental and financial histories. As a landlord, you should take a look at the applicant's rental history, credit reports, and income. If the tenant has a history of not fulfilling their rental agreements, it is probably a sign they will repeat that behavior.
3. Letting Tenants Get Away With Breaking Rental Agreements-
No landlord want to deal with California tenant eviction. They feel mean kicking tenants out, and the process might seem intimidating and confusing. It's easy to cut your tenants some slack when they keep promising to pay you in a few days. However, you have to remember that you are running a business, and you have a contract in place with your tenant. Violating the terms of the agreement has to carry a consequence. You need to start the eviction process, because it can take months.
4. Ignorance Of The Law-
You are not a lawyer, so you cannot be expected to know the laws governing landlords and tenants. However, you need to at least be familiar with your rights as a landlord and the rights of your tenants.5. Not taking care of service requests in a timely manner-You do not want to develop a reputation as an inattentive landlord. Whenever tenants put in service requests, you need to attend to them in a timely manner. Good customer service is what will keep your rental units filled, and it will keep you out of legal trouble.
5. Not Taking Care Of Service Requests In A Timely Manner-
You do not want to develop a relationship with tenants as an inattentive landlord. Whenever tenants put in service requests, you need to attend to them in a timely manner. Good customer service is what will keep your rental units filled, and it will keep you out of legal trouble.
6. Failing To Inspect The Property Before Move In And After Move Out-
Inspections are important. You need to inspect the property with the tenant before he or she moves in to verify the condition of it. When the tenant moves out, inspect the property closely again to ensure no damage has been done.
6 Common Landlord Mistakes