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In this video, Jared Lyle from Green Ocean Property Manager discusses common lease renewal mistakes that landlords make. One of the biggest mistakes is not starting the renewal process early enough, only sending out renewals 45-60 days in advance. Green Ocean Property Management starts the process nine months in advance to secure the best tenants at top market price. Starting early allows for a greater pool of potential tenants and prevents rushing to find replacements in a bad market. Jared emphasizes the importance of proactive lease renewal planning to ensure a smooth transition and maximize rental income.