How to Harness the Awesome Power of Relationships between Landlords and Tenants?

relationships between landlords and tenants

How to Harness the Awesome Power of Relationships between Landlords and Tenants?

If you seek to take on tenants for the long haul, a good working relationship is vital.

It does not matter whether you are looking to rent out your first ever property

Or if you have several properties on a portfolio – a positive relationship is crucial with every single one of them, so be sure – that relationships between landlords and tenants are essential.

First Impressions of Your Property Are Lasting

From the get-go, it is imperative that you start on the right foot.

Tenants will be looking for information, not character assessments.

They will want to know how the boiler works, where you can find the storeroom keys and the bank details of your accounts, so the rent can be paid.

If you are punctual and polite, the relationship will get off on the right foot.

A healthy partnership means the tenant will make sure all rents and fees are paid on time and that the property deserves respect.

How should the property owners do the first step in good relationships with tenants?

At the opening interview, a small bottle of wine or champagne would not be such a bad idea.

You might also want to create a small booklet of the local area.

Information about where is the local convenience store, the nearest pub, chemist or bus stop.

This helpful advice and information can be buried in with some of the house rules.

If you leave an information pack that has only warnings and rules, it will make the tenant feel uncomfortable.

Be firm but friendly and request there are no parties, no loud noise and that any problems must be solved by contacting you, the landlord.

You should leave a contact number and make sure you take the mobile number of the tenant too.

Communication between property owners and tenants

The connection is all about trust and understanding.

It would help if you also pointed out that an appointment will schedule any visits.

Landlords should never call the tenants out of office hours when there is no genuine emergency.

Intrusions include turning up unannounced, disrespecting their privacy and even making routine calls to ask if everything is going well.

If this is the first time you have rented out a property, you must make sure the relationship is amiable and honest.

It is recommended that the relationships between the landlords and tenants be kept professional.

That means not asking for their social media accounts.

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