As a landlord, it’s easy to see your property as the main asset you hold, but without tenants, you wouldn’t have a business.
You must appeal to the most worthwhile tenants you can, keep them in the property for the longest amount of time, and invest in the property so you can charge a reasonable rent.
Keeping tenants happy is important, and landlords must protect their reputations, even if they work through third party housing agencies. If you offer cheap apartments but don’t maintain them, then you will be in violation of several tenant’s rights laws and will make it harder to gain better tenants or to keep them in the long term.
Here’s how to keep your tenants happy.
Invest in the Property
Invest in the property to ensure better clients continue to return to your locations. Update the kitchen, fix broken windows, and do a deep cleaning before each tenant moves in.
You may consider drug testing rental properties to identify how your property has been used and what restorative processes you may need to complete before the building is livable once more.
Secure the Property
The more secure and safe your tenants are, the better. Change the locks between each tenant, install motion-sensitive floodlights outside the property, make sure fire escape measures are followed, and construct privacy fencing. These safety measures mean break-ins will be less likely and keep your tenants safe and comfortable.
Use Respectful Communication
Respectful communication can help keep you and your tenants on the same page. Contact them for inspections, maintenance, or other requirements well ahead of time to respect their privacy. A third-party property manager can make these communications more official while giving you a copy for your records. You’ll keep your tenants happy while keeping yourself happy.
The Editor’s Toolkit
- Free Workshop: 3 Simple Steps to Become a Productivity Superstar
- 25+ Printable Worksheets
- 6 Life Editing Ebooks
- My Favorite Books and Resources