Top 3 advices for a new landlord!

[Jane A.]

I have just started with few rental duplexes and fourplexes and learned already from my mistakes to do thorough background check, quick eviction and provide quick service. But I do not want to make all possible mistakes myself, could you please give me your top advices on how to run small rental business up to 29 doors.

[Al Williamson]

It's very difficult to narrow it down to  three pieces but I'll try:

1 - Operate in a Chump-Free manner. Firm but fair always referencing and enforcing the lease.

2 - Leave unit vacant if you can't find someone to meet your minimum qualifications.

3 - Start showing units as soon as you get a 30 day notice of move out. Incentivize departing tenant to clean before showing.