Rookie Landlord Mistakes — My Critique
First-time Landlord learns a hard lesson. Don't let this happen to you. If you're a landlord and want to know what NOT to do, watch this video.
Here are some things covered...
✚ Don't lower standards or fail to uphold standards
✚ Section 8 tenant floods rent in retaliation bc eviction
✚ Don't provide utilities for your tenants (if you can)
✚ Know about smoke detectors and why they chirp
✚ Know how to turn off the water in your unit (how-to video)
✚ Don't do favors for your tenants (keep it strictly business)
✚ Don't try to be friends with your tenants as the landlord
✚ How to go after tenants after they damage your unit and move out
✚ Have a Capex and emergency fund (don't neglect from reluctance to act)
✚ Landlord lessons learned & property management discussion — never give up; carry yourself like a business, know your lease, FAQs, etc... We can weather the storms if we come together as a family of landlords and adapt to overcome obstacles!
*SIDE NOTE, I forgot to talk about insurance... Landlords should require renter's insurance... Consult an insurance broker for more details on how to mitigate risks.*
Resources...
▶ Eviction Video - Seeing My House For the First Time in 2yrs: https://www.youtube.com/watch?v=p4i5iP6Ws9o
▶ Backstory Video - My Tenant Hasn't Paid Rent: https://www.youtube.com/watch?v=li0Oha-VIus
Invitation...
✅ 4Δ Intro - invite link: https://www.skool.com/4delta-intro
#4Δ
#4DELTA
#Landlord
#ForeverLandlord
#RealFreedomFighter
Referral...
★ ChelseaJeneCO: https://chelseajene.com
#ad
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