As a landlord, you hope to find good tenants who will pay their rent on time and take care of the spaces they live and work in. Your tenants expect you to make sure that the property is well-maintained and that repairs and other issues are taken care of promptly. It’s a mutually beneficial relationship that can quickly go south when one or both sides fail to hold up their end of the deal or rather, the lease agreement. Here are some things for you to keep in mind.
Maintaining Your Property
Appearances matter. No one cares to live or work in spaces that appear to be poorly maintained and falling apart. If your property looks like it’s not cared for, you’ll not only struggle to hold on to renters, but gain new ones as well. First impressions count for a lot, so you should ensure that the structure is clean and painted. The public lawns and plants should be trimmed regularly to give a professional appearance. Consider hiring a provider of parking lot sweeping services Bellevue to help keep your grounds neat.
Hiring Good Staff
If you hire staff to manage the daily affairs of your property, look for people who are friendly, attentive, and professional. These people represent you to your tenants, so they should be patient and responsive to any concerns that are brought up. You also need employees who know how to take care of issues and keep you in the loop for major problems. Poor property management can be a real turn-off to your clients.
Providing Sensible Amenities
The amenities of your property can help you keep your buildings occupied. For a residential facility, things like pools, grilling areas, and fitness centers can help retain and attract tenants. Depending on the location of your property, you may be competing with other landlords for the same clients so it’s necessary to find ways to maintain your advantage.
Prioritizing Safety and Security
Lastly, it’s important to provide a facility in which your tenants feel safe and secure. Tenants must be able to lock and secure the spaces that contain their belongings. Alarm systems and on-site security guards provide an extra sense of comfort. In addition to safety and security, you need to make sure the property is insured against certain types of damage and loss.
Giving clients a great place to live and work can have huge dividends. Maintaining a good relationship with your tenants requires you to be fair and communicative. You stand a better chance of gaining a good reputation and keeping your units occupied.