Become an Awesome Landlord by Doing These Today!
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Being a landlord can be stressful. You’re worried about if your tenants are maintaining your house, if they are having parties every night or even if they have destroyed your plumbing. Trust us, we’ve heard some horror stories in our time.
But, there have also been horror stories about landlords who weren’t as nice either. At the end of the day, the only way to have a win-win situation is if both landlord and tenant mutually respect each other and understand that it is a legal contract that you are bound by and that everyone deserves to live in a beautiful home and that space deserves to be respected.
So as a property owner, how do you ensure that you are awesome and making sure that your tenants not only respect you but love you too?
Here are some tips on how you can be an awesome landlord:
- Being Professional
This is extremely important and that you should be professional from the start. When meeting with your potential tenants or when you drop by for anything, always show up looking professional and that you always maintain professional communications as well.
You need to understand that it is a legal contract that you are signed into and that you should stay professional all the time. Communication is extremely important so that you can keep up with the condition of your home and allowing you to always be in the loop of what is going on.
- Being Trustworthy & Someone Who is Reliable
Can you imagine being a landlord that never answers their phone? Your tenant could be calling you because a pipe burst and if you don’t answer, the damage done would be so much worse. If you are a landlord, be prepared to have to tend to emergencies at any time.
We are obviously not expecting you to pick up the phone at 4 am but always strive to get back to your tenant in a reasonable amount of time. Always acknowledge their messages so that they are able to trust you and become more willing to open up about the issues they face.
If you seem like you don’t care about them, the understanding might be that they would not care about your property either. So it’s much better to always strive to be reliable and trustworthy no matter what.
- Being Quick and Reliable with Maintenance
Things break all the time and you can’t help it. You are supposed to be responsible to help your tenants fix issues and you should not hold onto it for too long because it might cause some uncomfortable in their home.
It might not be urgent but it’s something that you need to keep up with because you are responsible for it. Also always ensure that you have a budget that is ready for issues like these that crop up.
- Compassion
Bad things, mistakes and accidents happen all the time. Unless the tenant has done it on purpose, sometimes you need to be compassionate to understand that something bad had happened.
Especially with the issue with the world and the pandemic that is happening, if they need some time to pay for rent or if they require a lowered rent and you are able to allow that, please be a bit more compassionate and allow that to happen.
Being a property owner is a responsibility, but it’s a great investment and you are able to meet some cool people and give people a home.
Start being an awesome landlord today! Also, by being that you may also subscribe to our services like auto debit on rental collections.
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Written by: Tashya Viknesh