Did you know that over 40 percent of tenants hate their landlords? This may come as a surprise, meaning it's more important than ever to have strong tenant relations with your residents.
Are you interested in fostering a better relationship with your tenants? Here are some key factors to consider when you are thinking about improving tenant satisfaction.
Stay in Communication
When it comes to communicating with your tenants, the best defense is a good offense. Check in on them regularly to see if there is anything they need. They will appreciate that you care about their well-being.
You should also offer more than one method of contact. Provide your tenants with your phone number and email address. You can also message them through a tenant portal if you have one.
Does communicating with your tenants seem like too much of a burden? Consider using a property manager for tenant relationship building. A third party can handle all aspects of tenant communication so you don't have to worry about anything.
Be Flexible
One of the best property management tips for effective tenant relations is to be flexible.
For instance, if rent is due on the first and your tenant misses the payment, find out why. This is especially important if they usually pay on time. You never know what life circumstances may occur, and if they are a good tenant, reward them with flexibility.
Accept Multiple Payment Methods
Although having a tenant portal and a streamlined payment collection process is great, it may not work best for your tenants. Some people who have limited funds can only pay a certain way.
Make it clear to your tenants that you accept multiple methods of payment and give them instructions on how to do so.
Respond Quickly to Maintenance Requests
When your tenants have maintenance issues, it's important to respond promptly. Something that may not seem like a big deal to you can be a huge inconvenience for them.
Coordinate with maintenance professionals to take care of the issue quickly. Stay in communication with your tenants so they're aware of the progress of the situation.
Incentivize Lease Renewals
Ultimately, it costs you more time and money if your tenants don't renew their leases. You have to pay for a background check, clean the property, and do all kinds of inspections before filling the vacancy.
Make attractive offers when it comes time for a lease renewal. For instance, if you know your tenant didn't get a raise or they are on a fixed income, consider offering them the same rate or something only slightly higher.
Maintain Good Tenant Relations
You don't have to move mountains to have great tenant relations with your rental property residents. Use these strategies to make sure everything runs smoothly.
If you're a landlord in Irvine, CA, consider partnering with PMI Orange County. Our full-service property management firm has the expertise you need for better tenant relations.
Reach out to us today if you have questions or you're ready to get started.
