Landlord business requires responsibility and ethical values. When you find a Pasadena REALTOR contacting you about a potential tenant interested in your rental property, you should be prepared and knowing about the risks in this kind of business.
Making mistakes in this kind of business can result to unexpected lawsuits and losses, to avoid this, here are ten things that you should avoid doing.
Giving out wrong forms (outdated and stationery/standard lease forms)
Asking discriminatory or offending questions when screening tenants
Producing policies that are discriminatory to families
Not delivering promises to accepted tenants
Demanding for too much late fees
Stopping by the tenant’s home without notice
Applying security deposits to cover wrong projects
Failing to repair or deal with environmental hazards
Keeping the security deposit when the tenants leave
Not returning the security deposits when obligated to do so
No comments:
Post a Comment