First published: 19 January 2021 @ 4:05 pm
There are many things that can go wrong in a relationship between a landlord and tenant, but if both parties take the time to maintain good communication and manage expectations, they can avoid many problems. How do you have a good relationship with a tenant?
First and foremost, it is important to remember that landlords and tenants are both people,can make mistakes. It is important to be understanding and forgiving, and to understand the tenant’s point of view.
There are three steps that will help you maintain a healthy relationship with your tenant.
1. Is Relationship Important?
Simple communication can ensure you handle many issues early on and prevent them from becoming bigger.
It’s important to communicate with your tenants during the tenancy, especially if you’re having any issues or concerns. You can do this by sending them a letter, knocking on their door, emailing or calling them.
Having a good relationship with your tenant means they will respond to you when you need them to. The more communication and interaction there is between you and your tenant, the better the relationship becomes.
You can meet them when you want to sign the lease agreement, while asking them about life and lease terms or even if there is any maintenance issue. This way, your relationship will process and they will take special care of you.
2. What Qualities Make a Good Tenant?
Tenants appreciate landlords who will be helpful in any way they can, even if it’s outside of the landlord-tenant relationship. There are several ways that landlords can be helpful without intruding on their tenancy.
Some people want to help with their pets while they’re away and to store things for them when they move out.
When you encounter that situation, you could help them by offering to find them a new landlord when they move out by offering your phone number or other information.
And they don’t have any downtime between tenants. That is costly for everyone since there is no one who will rent the space during that time period.
3. What Is Considered a Good Tenant
This is one element that most people forget about in renting out properties and maintaining professional relationship.
Because this element often makes all the difference in how satisfied your tenants feel about being a tenant in your property, whether it be an apartment building or condo building, depending on what type of building you own or manage,
What this means is that you need to make sure there are tangible benefits being offered through services offered at an apartment building, such as concierge services, valet parking services, multiple swimming pools, fully equipped fitness centre, etc.
In addition, there should also be intangible benefits such as secure access via digital card entry system, so only residents have access into the property at all times, which provides security not just for residents.
But other visitors as well, including friends and family members who visit from time-to-time if needed…
Communicating with your tenant and building a good relationship will undoubtedly help you out when it comes to things like late rent payments and improperly parked vehicles.
But those are often issues that can be dealt with early on when they arise instead of being ignored until they become much bigger problems requiring much more time and money to resolve.
Building a good relationship with your tenant is very important in order to maintain a successful investment property because, as we all know, tenants are the lifeblood of every successful investment property. This can be a sign of respect, too.
Without them, you wouldn’t have any units to rent out, which means no rental income or revenue coming in from your investment property which is damaging to any investor, including yourself as landlord.
Our website, HandyWork, provides a variety of rental properties tips and ideas for you to follow so that you can improve your property.
For more information about home rental tips, visit our website!