Here at Clear Property Investment we encourage good relations between you, the landlord, and your tenant.
After all, life is easier when confrontation is kept to a minimum. And the same applies in the property business.
But just how should the tenant/landlord relationship develop and how close should it become?
There are obvious advantages to having a good working relationship with your tenant. Managing your own property will obviously result in more face-to-face contact with your tenant and as, in any line of business, good communication in essential.
If you and your tenant get on well, chances are he'll respect your property, will deal with any repair/maintenance issues immediately, pay his rent on time and generally be exactly the kind of tenant you hoped he’d be. As a result you'll get plenty of satisfaction yourself, knowing your tenant is happy and you in turn will be secure in the knowledge your property is being looked after.
Another advantage of a good tenant/landlord relationship is that you're less likely to have to fork out on re-advertising costs. A happy tenant often means a long-term tenant, as the old proverb goes - if it ain't broke, don't fix it. In other words, why would your tenant want to move if they're perfectly content where they are? And if they do want to move then, because you've been fair to them they, in turn, will give you plenty of notice.
Problems arise when the landlord/tenant relationship has broken down. Here at Clear Property Investment we encourage you to contact us if you have any concerns and will always be on hand with advice. We'll even step in as an intermediary if that's what you'd like.
A word of caution - never become 'over-friendly' with your tenant. Remember, you're running a business and your relationship with the tenant is contractual. Basically your job is to provide quality accommodation, with a speedy repair system. If your tenant becomes a 'friend' then business relationships tend to become a bit blurred. And that's not what you want. Your tenant could, for instance, 'play' on this and delay paying rent - not a scenario you want to engage in. They might also believe that, because you're a friend, you might overlook the fact they've broken the shower or accidentally pulled down the curtains.
Eviction is always a tool you, as a landlord, have at your disposal. But could you do that to a friend? Think about it. You may like, respect and admire your tenant. But when it comes down to it...you're running a business.
For advice on tenant/landlord relationships contact our team at any of our four Clear Property Investment offices. We're always onhand to listen.
After all, life is easier when confrontation is kept to a minimum. And the same applies in the property business.
But just how should the tenant/landlord relationship develop and how close should it become?
There are obvious advantages to having a good working relationship with your tenant. Managing your own property will obviously result in more face-to-face contact with your tenant and as, in any line of business, good communication in essential.
If you and your tenant get on well, chances are he'll respect your property, will deal with any repair/maintenance issues immediately, pay his rent on time and generally be exactly the kind of tenant you hoped he’d be. As a result you'll get plenty of satisfaction yourself, knowing your tenant is happy and you in turn will be secure in the knowledge your property is being looked after.
Another advantage of a good tenant/landlord relationship is that you're less likely to have to fork out on re-advertising costs. A happy tenant often means a long-term tenant, as the old proverb goes - if it ain't broke, don't fix it. In other words, why would your tenant want to move if they're perfectly content where they are? And if they do want to move then, because you've been fair to them they, in turn, will give you plenty of notice.
Problems arise when the landlord/tenant relationship has broken down. Here at Clear Property Investment we encourage you to contact us if you have any concerns and will always be on hand with advice. We'll even step in as an intermediary if that's what you'd like.
A word of caution - never become 'over-friendly' with your tenant. Remember, you're running a business and your relationship with the tenant is contractual. Basically your job is to provide quality accommodation, with a speedy repair system. If your tenant becomes a 'friend' then business relationships tend to become a bit blurred. And that's not what you want. Your tenant could, for instance, 'play' on this and delay paying rent - not a scenario you want to engage in. They might also believe that, because you're a friend, you might overlook the fact they've broken the shower or accidentally pulled down the curtains.
Eviction is always a tool you, as a landlord, have at your disposal. But could you do that to a friend? Think about it. You may like, respect and admire your tenant. But when it comes down to it...you're running a business.
For advice on tenant/landlord relationships contact our team at any of our four Clear Property Investment offices. We're always onhand to listen.
Company registration number: SC344923
272 Bath Street, Glasgow, G2 4JR
