It’s a well-known fact that better landlords attract better tenants. Better landlords have more tenants that pay on time and keep their homes in better shape as well. Being a landlord usually comes with a reputation. If you have a reputation for being greedy, not fixing stuff that is broken in a timely manner, or not at all, then it’s going to be hard to get good tenants.
Luckily, there are a few ways that you can build your reputation as a landlord and keep tenants in your holdings that actually care. Being a good landlord means that your past and present tenants will be more willing to tell people looking for housing how good you are, which means you’ll get more tenants that are steady and responsible as well. If you’re unsure of how to create a great reputation as a good landlord, read on below for a few tips to help you improve your image and reputation.
Hire Online Reputation Management
If your reputation as a landlord is already in the broken toilet, so to speak, then you might need to look into hiring an online reputation management company to improve the way potential renters see you. Word of mouth is a powerful thing and many renters will talk if they aren’t treated properly by their landlords. A reputation management company can help you restore your good reputation and keep it that way. If you’re a new landlord then they can help you build the reputation you deserve as well.
Keep Your Property Updated
This isn’t to say that you need to spend thousands on your properties every year, but if you keep your properties modern, you’ll be more likely to keep them rented, and get a reputation as a landlord that not only keeps up with the times but also cares about his houses.
No tenant wants to move into a property that has appliances from the 1970s or has paint on the walls that was popular in the 1980s. Take the time to modernize your properties and your bank account will reflect that in the long run. Don’t forget that smart homes are a thing now as well, if you want a great reputation as a landlord, start by turning your rentals into smart homes today.
Be Available to Your Tenants
Plainly speaking, if your tenants need to be able to talk to you, then you need to be there. No tenant should have to chase their landlord down to report a problem or pay the rent. This means that you should offer multiple phone numbers, as well as email options for your tenants to get in touch with you. However, that doesn’t mean that they should abuse this and all you at all times of the night either. You want to walk a fine line between being a landlord and a friend when it comes to any tenants living in your property.
Walk Your Tenants Through the Lease
A lease can easily become a bone of contention between a landlord and his tenants. Sometimes the tenant just doesn’t understand the lease or fails to read it properly before signing, which can lead to problems down the line should something happen. Take the time to sit down and explain everything in the lease to your tenant, in case there are clauses or terms they don’t understand.
Being a landlord can be very stressful and hectic. The only way to avoid stressful experience is to get in contact with a property management company. There are a lot of advantages that you can enjoy after hiring a company that has expertise in managing properties. A US based property management company like Evernest will help to maintain smooth property management services in Atlanta.
Being a landlord can be very stressful and hectic. The only way to avoid the stressful experience is to get in contact with a property management company. There are a lot of advantages that you can enjoy after hiring a company that has expertise in managing properties. A US based property management company like Evernest will help to maintain smooth property management services in Atlanta.
These are just a few of the ways that you can increase your reputation as a good landlord. Even if you’ve not done so great in the past, it’s never too late to become a landlord that tenants brag about to their friends and family.