8 mistakes Landlords Make

·        1. Make sure your insurance covers sewer breaks  and have high liability limits and if you have a condo add ‘loss assessments’ coverage.

·         2. Write in your lease to do semi-annual inspections.  As landlords we need to know that the property is being maintained.

·         3. Can put into lease that the tenant will have the carpet cleaned once a year.

·         4. Can put into lease that if not cleaned to standards that you have the right to provide a cleaning service and charge as additional rent.

·        5.  Use a minimum of 620 for their credit scores. 

·        6.   If below, and you still want to rent to this person, then consider a double deposit.

·        7.  Should get paycheck stubs and match with bank statements

·        8. Do a social media check like Facebook.  Google the prospective tenants name…see what pops up. You’d be amazed!

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