How to keep residential tenants happy
It is known fact that it takes significant time and money to attract and retain good tenants. It just makes good business sense to strive for happy, long term tenants in your rental properties.
How can you attract the best tenants?
Below is a list of actions to maintain a great relationship with tenants:
Educating tenants when they first move in. They can’t follow the rules if they don’t know them.
Be ready for them during the walk-through. When you do the rental home walk through with your new tenant, be sure you are handing over the keys to a property that they can be proud of. The condition of your rental determines the quality of your tenant.
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Stay on top of repairs. Nothing makes a tenant unhappier than when repairs aren’t taken care of in a timely manner.
Contacting your tenants the month after they move in. Ask them if everything is ok and make sure they know you’re available to them.
Send them a welcome letter. Let them know that you are glad to have them as tenants, and once again remind them how they can contact you in if there’s a problem.
“Train” your tenants to pay on time. Be consistent with your early rent reminder communication as well as the timing of a letter if tenants are late.
Being a considerate landlord usually results in having happy tenants.
How to keep commercial tenants happy?
Set the stage for a good experience at the very beginning to assure your tenants that they have made the right decision.
West London Property Networking
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