Landlords are often given a bad rap. Thanks to the movies, many of us picture an elderly landlady, curlers in her hair, cigarette smoking, pounding on the apartment door, demanding last month's rent and threatening to change the locks.
But landlords are people too (surprise, surprise) and like it or not, they've got a job to do.
There's no need to dodge them in the corridors or avert your eyes when passing them in the street. You can have an amicable, even positive relationship with your landlord if everyone plays by the rules and manages each other's expectations. When both parties approach the relationship with maturity and understanding, the rewards can be great on both sides.
Clear and effective communication is the lifeblood of a good tenant / landlord relationship. Keeping channels of communication open will help both parties feel heard and avoid conflicts or misunderstandings.
The rental agreement will usually outline preferred means of contact and it's both parties' responsibility to respect those preferences. A landlord may wish to communicate with tenants via a managing agent. Some tenants will expect regular attention, while others may prefer strict privacy. Whatever is agreed to should be stuck to unless there is an emergency.
While the rental property doesn't belong to you, tenants should take care of the space to the best of their ability. While the rental agreement will outline the agreed responsibilities of both parties, there are some things that are usually fair for tenants to keep a hand on.
This seems like a given, but timeous (even early) rent is one of the easiest ways to nurture a positive relationship with your landlord. Set up a monthly debit order to make these payments automatically.
Shifting your mindset to see potential and existing tenants as customers will radically change your approach to the relationship. You want happy tenants. They are essentially paying you for a service, and are therefore your clients. As a landlord, tenant satisfaction will ensure long, happy leases year after year.
On that note, choosing the right tenant can be tricky. Here are some red flags to look out for.
Clearly communicating your expectations in detail is key to a positive tenant experience. Define what is considered a small issue (like a lightbulb change) and a big issue (like rent being late) so that you are both on the same page. Get everything in writing in order to avoid costly and common mistakes.
Being a landlord requires your full-time attention regarding your property and its occupants. Responding to their needs and requests timeously is in everyone's best interests, particularly when it comes to unforeseen or emergency circumstances. This entails:
It is vital that all matters relating to your rental property are above board and transparent. One of the fastest ways to sour the relationship is a tenant lawsuit. The most common grounds for tenant legal action include:
Being a landlord and managing property is a big, time consuming responsibility. If you need a professional to handle the heavy lifting in managing your rental property, we can help. SAproperty.com offers professional and experienced property management services that deal directly with your tenants so you don't have to. Get in touch to find out more.