There are several ways you can have good relationships with your renters.
- Landlords, as you screen your renters, make sure they are the right ones for your specific property. Doing proper background checks, checking references, and spending a little time with them can accomplish this. If you do not pick the right tenants, more than likely either you or the tenants will be unhappy.
- After you screen your tenants, view the rental together, make sure the tenant will be satisfied with the flat, make sure he or she understands any information regarding the property, any rules, regulations, and make sure the tenant understands the price of the apartment, and the time the payment is due, and any late fees.
- Let the renter know how to contact you, let them know what you will maintain and what they will maintain, and how any repairs should be handled. Keep communication thorough and open.
Renting properties can be a great way to create revenue, increase your portfolio and if you enjoy this type of work, you will also enjoy some of the projects you will get to work on when upgrading your rentals.
Remember to keep it a positive win-win for all parties, keep communication open and clear. When you begin the application process on the right foot, the entire renting experiences for everyone involved will be better, and most of the time happy rentals make happy landlords.