Five Tips on the Dangers for the Private Landlord

Tip # 1

Many landlords see property investment as a wealth creation strategy. Many also choose to use a property management service, however a number of landlords believe they can successfully manage their rental property themselves. However more and more private landlords are running into problems they didn’t expect. In the next few weeks we will explore the problems associated with being a private landlord. 

Tip # 1

Bad Tenants tend to Avoid Agents!It is often true that a private landlord can place a ‘for rent’ advert in the newspaper and be inundated with response, not realising they could be speaking with tenants who specifically avoid dealing with agents. This tenant type likes to target private landlords knowing full well they will most likely be accepted on face value, with no reference checks or stringent identification checks completed that can expose their unsavoury rental history.