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How to Maintain a Good Relationship with your Tenant

Published by Handy Work on

tenants

There are three pillars that will help you maintain a good relationship with your tenant.

1. Communicate Often

Communication is key to keeping a good relationship with your tenant. 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.

2. Be Helpful

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. You could help them by offering to find them a new landlord when they move out.

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. Provide Measurable Benefits

This is one element that most people forget about in renting out properties.

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, improperly parked vehicles, etc…

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.

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.


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