MDE fines 8 landlords for lead paint
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#1 Feb 26, 2008
As a former property manager in Baltimore City, I was surprised to learn how few rental properties owners knew of the laws regarding lead based paint and their responsibility as a property owner.
Too many people watched the late night infomercials about real estate investing, drank the kool aid and did not do any homework.
Perhaps news of these fines will wake some of them up and they'll finally realize that there is very real responsibility when choosing to own a rental property.
Of course, the easiest and best thing an investor could do is hire a property manager to worry about such things. However, many are upside down on their mortgage because they also didn't do their homework and bought an overpriced property that cannot be rented for the cost of the mortgage.
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