7 Mistakes First-Time Landlords Make — and How to Avoid Them
Becoming a landlord can be one of the most rewarding investments you’ll ever make — but it’s not without its challenges. After two decades in property management, The Mor Group has seen new landlords make the same costly mistakes time and time again. Therefore, they have shared their secret with us, and even better, we have expert advice on how to avoid them.
1️⃣ Skipping Tenant Screening
The biggest mistake is rushing to fill a vacancy. A well-qualified tenant is your property’s best protection. Too often, landlords accept the first applicant who can pay the deposit — without verifying income, employment, rental history, or credit background.
How to avoid it: Use a consistent screening process that checks credit, income, and references. Platforms like RentMor help landlords filter applicants by credit score and rental readiness, saving time and reducing risk from the start.
2️⃣ Underestimating Maintenance Costs
New landlords often assume that rent collected equals profit — until the first repair call comes in. From plumbing leaks to HVAC servicing, small issues add up fast.
How to avoid it: Set aside at least 10–15% of your monthly rental income for ongoing maintenance and unexpected repairs. Conduct seasonal inspections to catch small problems before they become major expenses.
3️⃣ Forgetting to Document Property Condition
The Mor Group has seen countless disputes over security deposits — all because there wasn’t proper documentation before move-in.
How to avoid it: Take detailed move-in and move-out photos (or hire a professional service). RentMor’s Move-In and Move-Out Picture Packages help you create an objective visual record to protect both you and your tenant.
4️⃣ Setting the Wrong Rent Price
Many first-time landlords price based on emotion, not market data. Overpricing leads to long vacancies; underpricing cuts into returns.
How to avoid it: Research similar listings in your area and adjust for features, condition, and location.
5️⃣ Neglecting Lease Clarity
A handshake or downloaded lease template can’t protect you when something goes wrong. Every clause matters — from payment dates to maintenance responsibilities.
How to avoid it: Always use a customized, legally compliant lease reviewed by a real estate professional. Services like RentMor’s Lease Preparation ensure your agreement covers everything that matters and meets Nevada’s legal standards.
6️⃣ Ignoring Communication
Poor communication is one of the fastest ways to lose a good tenant. Simple delays in responding to maintenance requests or unclear policies can cause frustration and early move-outs.
How to avoid it: Set clear communication expectations from day one. Keep tenants informed, respond promptly, and document all important conversations.
7️⃣ Trying to Do It All Alone
Managing a property may seem simple — until you’re handling marketing, screening, maintenance, and compliance all at once. Burnout is real.
How to avoid it: Partner with professionals who specialize in property support, like the Mor Group. However, keep in mind that RentMor offers landlord services like marketing photos, inspections, and tenant placement, giving you peace of mind while staying in control of your property.
Every landlord starts somewhere — but smart landlords learn fast. Avoiding these seven common mistakes can turn your rental property from a source of stress into a steady, long-term investment.
If you’re ready to take your rental strategy to the next level, visit TheMorGroup.com or contact Cassie Mor at (702) 501-1085.