One of the critical aspects of successful property management is to maintain a healthy relationship between the tenant and the landlord. Florida Property Services make it easy to achieve this feat with their legal advice and thorough tenant screening to find the ideal tenant for your property. For any landlord, the interaction with their potential tenant begins when the latter first see the property listing.
The potential tenant then moves on to see the property in person, sign the rental agreement, and maintain your property for the lease period while they stay at it. It’s a good thing to always stay on friendly terms with your tenant because this helps eliminate chances of delinquencies and also leads to better property maintenance. Read on to find out three simple ways to maintain a healthy relationship with your tenant in the future.
1. Sign A Rental Agreement
For starters, it doesn’t matter if you and your tenant have agreed on the terms of rental residency verbally, it is always a good option to draw up a formal written rental agreement and sign it. You can also take assistance and legal advice from Florida Property Services to draw a lease agreement that caters to both your and your tenant’s needs and wants.
Since Property Management and leasing it out is technically a business venture, it is important to cater to the interest of both parties for a profitable business venture. Furthermore, a legal rental agreement provides you with a safety cushion in case your relationship with your tenant hits a roadblock in the future.
2. Always Set Boundaries
The Tenant-Landlord relationship is quite a sensitive and formal relationship so it is essential to set boundaries from the very beginning. Since it’s quite common for misunderstandings to arise between tenants and landlords, establishing boundaries from both ends is necessary. To establish boundaries, you must have a heart to heart talk with your tenant and learn to honor those boundaries.
For example, if you’re in a public setting with your tenant and are having lunch or dinner with them, then refrain from discussing any technical things such as rent collection or house maintenance requirements. You can discuss the things related to property management on a phone call or by personally visiting the tenant at their office or at the property itself.
To initiate a healthy conversation about establishing boundaries between you and your tenant, you can even take help from Florida Property Services.
3. Avoid Cutting Slack
Last but not the least, Florida Property Services recommends that it is important to always stay at the top of your game and avoid putting off any maintenance and repair work if requested by your tenant. Putting off maintenance duties can put you in a bad light in the future and even lead to a decrease in your property valuation.
Furthermore, don’t be lenient with your tenant about rent collection and property maintenance just because you’re friends with them. This can even jeopardize your friendship in the future and affect your return on investment as well. If you have trouble dealing with delinquencies, you must consult Florida Property Services to handle such cases on your behalf.
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