Tips for the Hands - On Landlord approach

02 Dec 2015

There are two types of landlord in the world – those who only provide you with a flat and come to collect rent every month, and those who actually take care of their tenants. There is a middle ground, of course, you can be the former type of landlord who hires a property manager to do the rest of the job. But if you want to be the latter kind, the responsible kind, and also the secure kind, you will need to do plenty of interaction with your tenants the moment their movers unload their belongings from the removal van. And here are a few tips how to do it properly without being intruding.

  • Be friendly and meet the tenants. You might have already met the one you rented the property to, but there could be more, and you need to know everybody who will use your flat or house. You don’t have to help them unload, of course, just get names and some facts about them.
  • Do inspections. You don’t always have to make visits for the favour of the tenants. Some visits should be purely for the benefit of your property. You need to make inspections to make sure that everything is in proper working order – electricity, plumbing, appliances. There are tenants who keep quiet about broken appliances or furniture, fearing that it will cost them their deposit cheques, so it is up to you to schedule and make the inspections.
  • Always have a list of services. Always keep around a notepad or any kind of list of reliable electricians, plumbers, general technicians, builders, even moving companies (you never know when you’ll have to forcefully evict somebody). Be prepared for any situation and fix it with one phone call to the right specialist.
  • Maintain empty properties. Never neglect a property, even if it currently has no tenant. It might never get one if it starts looking like an Adams family mansion, with all the cobwebs and dust of negligence. It is up to you to maintain its cleanliness, and even provide a pre-tenancy cleaning once you get an interested customer.
  • Renovate. Add something new to freshen up the empty property every now and then. Potential tenants will love moving into a place that has been cared after by the owner.
  • Be flexible with the rent collection. After moving house to your place, the new tenants might need some time to step on their feet, so don’t be too pushy with the rent. Have a one or two week paying period when they can come to you before you start looking for them. And always hear the tenants out if they have an excuse – it might be better to wait a day or two more.

By being the hands-on approach type of landlord, you give yourself the air of a person who cares for his property. This will mean that tenants will be glad to come to you as you will care for their home. If you listen close enough, you will hear potential customers already making their moving checklists with you in mind. And, wait, there are all the moving company vans in the horizon. 

More helpful moving related tips read  at: >http://enfieldmanandvan.com/

Posted By

Spencer Wood


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