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Landlord Tip - Don't Give In to Desperation |
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LANDLORD TIPDon't Give In to Desperation!Provided by Ann Kaprat of TheLPA.com
You are most vulnerable as a landlord when you are in dire need of a tenant. Your mortgage payment, utilities and other operating expenses are relentless and still must be paid, even while your rental property is not paying you. You may have just suffered a loss of rent through an eviction. You may have had a tenant just up and leave. DON'T LET MURPHY's LAW WIN! Stick to your guns! Don't lower your standards. That's how we get hurt...badly. Every time I felt forced to lower my screening standards and take a chance, I lived to regret it. Believe me, John Nuzzolese is right when he says, "It is better to have NO tenant than a Bad tenant." |
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