6 Mistakes Every New Landlord Makes and How to Avoid Them

It’s Michael here. I’ve been a landlord for many years and like any new landlord in our business I have made many mistakes. From not knowing enough about landlord-tenant law, to not having a set business plan, there are many things that I could have done differently when I first started out.

Over the years we’ve developed certain strategies which have proven to be successful when it comes to managing tenants, and some of these are the Keyspire Key Concepts you know today.

I want to share some critical tips to avoid the most common mistakes Landlords make, especially when first learning the ropes of managing properties.

You need to consider your long-term profitability, as well as the day-to-day details in order to save yourself time, and maximize the return on your investment.

Take a look at the infographic below to learn about the 6 Mistakes Every New Landlord Makes and more importantly, what you can do to avoid them.