Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x

Posted over 6 years ago

Top 5 things most landlords do not know

number 1Being a landlord is a serious business.

It is utterly important to know the laws and rules in place in your area to avoid any problems. Look up the fair housing laws in your areas to make sure you are doing the right thing.

number 2

Landlords overlook the difference between service animals and therapy animals.

From the law’s perspective, service animals are not considered pets. Special exemptions will have to be made for service animals and there are specific rules to as to what you may or may not ask from a person with a service animal.

number 3

How to handle maintenance issues

There are certain maintenance issues that need to be handled as soon as possible, and there are property codes and rules that you need to abide by.

number 4

Legal issues

Legal issues can be avoided by making sure that the landlord and the tenant both understand the lease agreement. Make sure that all parties involved know and understand what the contract is all about.

number 5

Screening your applicants is very important.

Make sure you have a consistent screening process for all applicants and be very selective as this will certainly help you in the long run.

Learning about these 5 things are crucial if you want to be a successful landlord. Do some research about the laws in your area and avoid these common pitfalls.

Experience professional Houston property management with us! If you want to learn more about Empire Industries LLC, or have your property managed by us, please don’t hesitate to call us at 888-866-6727.



Comments