The Worst Landlording Advice Online: Share Your Favorites
In my years running BiggerPockets, I've seen some really bad advice given out to potential landlords. Most of it comes from people who have never managed a property or from real estate agents who are looking to appeal to newb investors, but who have also never run their own rental property.
With that in mind, I came across such a post on a member blog here on BP: Practical Real Estate Tips (share your thoughts below the post)
What I'd like to do is have this thread be a place where we share any articles that we find online that offers bad advice for landlords.
Please be sure to link to the article and be sure to explain why you think the advice stinks.
I also encourage anyone reading these articles to be sure to let the authors know why the info they are providing is dangerous.
We as a community can expose this information and do our best to correct it.
So . . . share your thoughts on the article I mentioned before and be sure to start posting more junk advice wherever you find it.