The Real Estate Education Podcast

The 7 Biggest Landlord Mistakes (That Are Costing You Money Right Now)


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The 7 Biggest Landlord Mistakes (That Are Costing You Money Right Now) Recording from their sickbed in Mexico after experiencing building-shaking waves from Hurricane Priscilla, Erin Spradlin and James Carlson power through to deliver critical advice: the seven biggest mistakes landlords make. They tackle everything from skipping background checks to overpricing rentals, with trademark honesty about what actually matters versus landlord paranoia.

đźš« The 7 Deadly Landlord Sins 1. Not knowing the laws - Federal, state, city, and HOA rules change frequently, especially around affordable housing. Colorado now requires Denver rental licenses. This is Erin's #1 mistake to avoid. 2. Skipping tenant screening - Credit checks matter more than background checks. Some landlords rely on "vibes" alone—risky business. 3. Wrong lease for your state - Don't fear customizing leases with plain language about what matters to you, as long as you don't violate tenant rights. 4. Underpricing rent - Erin disagrees this is a problem. Overpricing is the real sin—vacancy costs dwarf any underpricing loss. Properties stigmatized by sitting too long never recover. 5. Delaying maintenance - Annoying and expensive, but less annoying and expensive than doing it later. 6. Over-encouraging tenant reports - Don't invite problems. Set expectations upfront with a well-maintained property instead of constantly checking in. 🏠 The Bonus Mistake Expecting tenants to live by your standards. If they're messy but not damaging property, that's their right. It's about compatibility, not control. 🔍 Search terms optimized in this episode: landlord mistakes to avoid 2025, tenant screening credit check requirements, state specific rental lease laws, overpricing vs underpricing rentals, rental vacancy costs, landlord maintenance best practices, tenant rights by state, Denver rental license requirements, affordable housing legislation landlords 🎧 Subscribe for practical real estate systems that actually simplify your life đź“§ Contact Information: [email protected] for midterm rental consulting and Hold My Hand mentor packages [email protected] for Colorado real estate

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The Real Estate Education PodcastBy Erin Spradlin & James Carlson

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