Top 5 Mistakes Landlords Make
Owning rental property can be rewarding — but it also comes with challenges that can quickly become overwhelming without the right systems in place. From dealing with tenants to keeping up with repairs and regulations, even the most well-intentioned landlords can make costly errors.
At Must Have Real Estate, we’ve seen it all — and helped countless property owners across Hickory, Lenoir, and surrounding areas protect their investments and reduce stress through expert property management.
Here are the top five mistakes landlords make — and how professional property managers help prevent them.
1. Poor Tenant Screening
Many landlords rush the tenant selection process, leading to late payments, property damage, or lease violations.
Our Proven Process: Must Have Real Estate uses proven tenant screening methods that include background, credit, employment, and rental history checks to ensure reliable, long-term tenants.
2. Inconsistent Rent Collection
Chasing rent payments can be frustrating and time-consuming. Without clear systems in place, income becomes unpredictable.
We Make It Easier: Our online rent collection and enforcement process ensures payments are received on time and owners are paid quickly — without the awkward conversations.
3. Neglecting Maintenance & Inspections
Ignoring routine maintenance often leads to costly repairs down the road.
Here’s Our Approach: We conduct regular property inspections and coordinate trusted local vendors to handle maintenance efficiently — keeping both tenants and owners satisfied.
4. Violating Local or State Laws
North Carolina has specific rules regarding leases, deposits, and tenant rights. Even unintentional violations can lead to legal trouble.
The Must Have Real Estate Method: Our team stays up to date with North Carolina landlord-tenant laws to ensure every lease and action remains fully compliant.
5. Underestimating the Time & Stress Involved
Managing a rental property takes more time than most landlords expect — especially when issues arise after hours.
How We Take the Stress Off You: We handle everything from marketing and leasing to maintenance calls, giving you back your time and peace of mind.
How Must Have Real Estate Simplifies Property Ownership
Partnering with a professional property manager is the easiest way to protect your investment and maximize returns.
Whether you own one property or a growing portfolio, our Hickory and Lenoir property management team provides hands-on service tailored to your goals.
✅ Schedule Your Free Property Evaluation
✅ Speak with a Local Property Manager
✅ Learn More About Our Property Management Services
Explore Our Property Management Services → https://musthaverealestate.com/property-management/
