When planning to rent out your property, you would want to have tenants as soon as you get the word out. While you may be excited about finding the right takers for your home or office space, your market may not share the same excitement. While it often has to do with the fees, it also has a lot to do with the landlord—you. Do you think you are the landlord that tenants are looking for?
After asking First National Real Estate Mills & Gibbon to take care of your advertisements, the next thing you need to do is to become as good as—or better than—what your ads say. Read up on these ideas, and get started with becoming the renter’s dream landlord.
Know the Rules
Before you find the right tenant, get ready to answer their questions. Lay out your rules and other guidelines about using the property. Make it clear that both of you have your own responsibilities, and be prepared to inform your potential tenant about them.
When they come to see the property, ask if they have any concerns. This opens the floor for discussions, and it makes you sound like you are offering answers instead of imposing your rules.
Meet Your End of the Deal
As a landlord, your priority should be ensuring a smooth exchange between you and your renter. To do this, you have to honour your part of the deal. Prepare the necessary documents ahead of time, and never go scrambling for them at the last minute.
Show up when you say you will meet them, and entertain their questions. Ask away, too. You will need to know who is going to live in your property in the following months.
Treat Your Tenants with Respect
The right tenant seldom arrives at your doorstep early in your search. Brace yourself for rough patches. Some of them may get on your nerves by not showing up or offering such a low price. Others may be flat out rude. No matter how they may act, be professional and remember that you are doing business with them.
If you do not feel like they are the right tenants, ask why they are interested in renting, and conduct a low-key background check by being a little friendly with them. That way, you can gauge if it is just a wrong first impression or a bad apple right from the start.
Being the landlord that tenants want to deal with is a tough balancing act. Consider what's best for your property and your renter. Start by meeting your responsibilities, and the rest follows.