Being a landlord is challenging enough between maintaining a property you’re not living in to dealing with difficult tenants. When you’re the type of landlord that is emotionally attached to your property, things can be even more challenging. Your job is to run a real estate investment of your property and not to look at the property as anything more than a business.

Being a landlord can be a complicated task. While it’s a great way to have properties and keep income coming in on them while you’re not living in them, there are many laws that take place between a tenant and a landlord. The other issue is that laws are always changing. How do you stay up to date on changing landlord-tenant laws? Here is a look at how to stay up to date to do your job well and reduce a risk of a lawsuit.

You have an amazing rental property being advertised, you go through the applications, find a great tenant, and sit down to go over the lease agreement. Stop. Are you ready to go over the lease agreement? It is important to make sure your tenant understands all of the finer details of the agreement. In order to do that, you need to make sure you know how to review the agreement in the right way.