Owning rental property requires you to deal with many things such as financial issues, maintenance, updated property market, and of course tenancy. All these things can be overwhelming and put you under a stressful situation.
That’s why it is always recommended by experts for landlord and rental property owners to hire property manager. However, there is a limit of what a property manager can do for you to keep your business flows smoothly. You also have responsibilities to keep everything neat and well, includes maintaining good relationship with your tenants.
What can put your relationship with tenants in jeopardy?
With property manager, sometimes rental property owners forget that they still have responsibilities to do and keep a good term with tenants is one of them. Remember that not only the property is your asset but so is your tenants.
They are invaluable asset you need to keep. Thus, it is important to know the things that can put your relationship with your tenants in jeopardy and more or less risk your rental property investment.
Poor communication due to emotional outburst
There are many things that cause misunderstanding. One of them is poor communication due to emotional outbursts. Sometimes, tenants have their own problems that when they have minor complaint about your property, they take it out the wrong way.
And sometimes, you react the wrong way too. It can create tension that can lead to misunderstanding. Therefore, it is recommended to stay calm when you have a little dispute with your tenants because anger won’t solve anything.
Instead, you can try to explain the issue calmly so it can be solved efficiently without straining your tenant-landlord relationship.
Mistreatment from both parties
Respecting personal right is what you and your tenants should keep if you want your relationship stay for a long-term. However, sometimes there are problems relating to it.
For example, your tenants don’t take a good care of the property so there are many things to fix. On the other hand, you showing up unannounced in front of your tenant’s door is considered disrespectful as well. Therefore, you and your tenants should show mutual respect to each personal rights.
You should make sure that your tenants treat the property like it’s their own by taking good care of it. On the other hand, you should also show your respect by give a notice prior to your visit.
Unfulfilled promises
As a landlord, you have responsibilities to listen to your tenants. When something need to be repaired, you can’t just promise your tenant to fix it then forget about it. You need to fulfill your promise because it is your responsibility as property owner and landlord.
If you don’t want to have problem in the future regarding to promises and agreement, make sure to write everything down. Thus, you will be able to find the right solution when problems arise.
Aside from unfulfilled promises, your tenant-landlord relationship can be put in jeopardy due to different expectation. Thus, make sure to provide hospitable accommodation for your tenants.