4 Things You Can Do to Be a Better Landlord
Regardless of whether you’ve rented the property out before or not, there are always things that you can do to be a better landlord. From accepting professional help to remaining in constant contact with your tenants, make no mistake about it, there are always ways to improve the way you go about your business.
Here are four things you can do to be a better landlord:
Accept help from a professional property manager
No matter what type of property you lease out, you should have no qualms in accepting help from a professional property manager. With this kind of expert on your side, you will be able to get on with your daily tasks knowing everything is as it should be with the accommodation that you are renting out.
There are plenty of people and services that you can turn to in this instance, one of which being Phoenix Lettings. When you trust this professional property letting agent Derby to let and manage your property, you will be able to enjoy a host of benefits, some of which include:
- No hidden fees
- Fully referenced tenants
- Free advertising (online and ‘To Let’ boards)
- Utility transfers
- Regular property inspections
- Traditional deposit scheme
Understand the laws that govern you
Once you understand the laws that govern you, you will find it much easier to stay on the right side of them and, in some cases, even manipulate them to your advantage.
When getting to grips with the rules that you must abide by, it’s important to know that they change depending on what geographical location your rented property falls in. Landlord laws differ by area, so just make sure you understand which ones specifically apply to you. If you don’t, you could accidentally find yourself abiding by laws that mean nothing to you. Unbeknownst to you, that could end up landing you in hot water with the authorities.
Stay on top of repairs
Staying on top of repairs is one of the best things you can do as a landlord. Not only does it prove to your tenants that you take them and their tenancy seriously, but it also allows you to catch problems before they escalate.
Whenever you get that call from your tenants saying something has become damaged in your rented property, be sure to head to the property as soon as you possibly can. Whether you can fix the problem there and then or whether you have to get a professional repairperson in to do the work for you, getting to the damage before it festers will be sure to earn you respect and save you money in the long run.
Remain in constant contact with your tenants
Making an effort to remain in constant contact with your tenants is vital. For one, it will show them that you care about answering any queries that they have, and this will only ever help you to forge a fruitful working relationship with them. What’s more, it will make your tenants feel a lot more comfortable with you, especially with regards to telling the truth about things that they have damaged in the property.
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