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By Tierney Cavanagh

5 Financial Traps To Avoid As A Landlord 

4. Neglecting maintenance

As a landlord, once you have been alerted to maintenance issues, it is your responsibility to act on these or authorise your property manager to do so as soon as possible.

If you leave it too long before fixing then not only are you potentially putting your property at risk but you may also be putting your tenant at risk. This leaves you legally liable if your tenant injures themselves.

Therefore the best action taken is quick action using a qualified person.

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