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Monday, 09 December 2019
Agent Resource Center
Agent Resource Center

3 Things You Can Do to Be a Better Landlord

Written by Posted On Monday, 02 December 2019 03:42

If you want to reach the pinnacle of your potential as a landlord and earn as much money as you can from your property management venture, then you must resolve to always improve and better yourself. Only when you take steps forward in this instance will you constantly be able to provide a service to your tenants that is befitting of the current climate.

Here are three things you can do to be a better landlord:

Rent proprieties that are conveniently located

Your main priority should be to make life as easy as it can be for your tenants. One of the best ways to do this is to offer them properties that are conveniently located next to everything that they could possibly want and need in life. Whether this means buying properties next to good local schools, whether it means investing in real estate situated close to major employers in the area, or whether it simply means offering accommodation that sits next to a major shopping outlet — if your general customer base want/need to be near a certain location or local amenity, you should go out of your way to give them what they most desire.

Should your audience base be comprised mainly of students who have moved away for university, then you should go the extra mile to match your new tenants with properties that are close to their college campus. In this instance, be sure to follow the lead of Omnia Space — they rent properties in Oldway Centre because it is ideally located close to the Swansea University main campus.

Know the laws

No matter what local area you work in, there will be landlord and tenant act rules that govern it. To ensure that you are offering a service that is expected of you, it’s vital that you know your laws and that you then abide by them at all costs.

Some of the most important things to be aware of in this instance include:

  • Rental costs
  • Security deposits
  • Tenant obligations
  • Tenant’s rights
  • Eviction notices
  • Grounds for eviction

Stay on top of repairs

You’ll never improve as a landlord if your tenants are constantly waiting for you to pop round and make repairs. It is vital, then, that you stay on top of repairs and that you consistently perform them in a timely manner.

Of course, in order to stay on top of repairs, you actually have to know how to perform them in the first place. Here are just a few general DIY fixes that you really should know how to perform if you’re to prove your worth as landlord:

  • Paint jobs
  • Door maintenance
  • The application of caulk
  • Faucet repair
  • Toilet unclogging

Every landlord should know how to perform those tasks, which means that you should definitely get to grips with them!

If you’re to improve at your job and be a better landlord, it’s imperative that you put the above advice into practice. Rent conveniently located properties, know the laws that govern you, stay on top of repairs, and you’ll be reaching the pinnacle of your property management potential in no time.

Listing Additional Info

  • State: California
  • Address: Avlon Park
  • City: Avlon
  • Zipcode: 08245
  • SOLD: no
  • MLS #: 4452639875
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