6 Tips for First Time Landlords

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Entering the world of property ownership and management comes with a great deal of responsibility. From overseeing efficient and effective repairs to managing utility costs and of course, selecting quality tenants, there’s a lot to learn for every first-time landlord.

In this video we’ll discuss:
-The importance of knowing differences in state and federal ordinances;
-Why you should be collecting rent online; and
-Which tenant policies and expectations should be documented.

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DISCLAIMER:
This video is strictly for educational purposes and is in no way intended to provide legal advice. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on this video is strictly at your own risk, and we will not be liable for any losses and/or damages in connection with the use of our videos.

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0:00 Intro:
0:31 Know Your State And Federal Ordinances:
1:21 Collect Rent Online:
2:09 Budget Your Monthly Overhead Properly:
2:45 Having A Repair Person You Trust:
3:16 Screen Prospective Tenants Thoroughly And Properly:
4:17 Have All Your Terms In Writing: