Excellent Tips for Being the Best Landlord Possible

When it comes to being a tenant, everyone wants a good landlord. After all, one's happiness while renting a house or apartment is largely determined by the type of landlord that the person has. And just as much as a landlord wants the tenants to be well-behaved, it's a major responsibility for the landlord to be respectful and diligent too. Here are some great tips to help you be a good landlord, and in the event that things get out of hand, it's important to remember to employ the best tenant services Greeley CO has available, both for you and your tenants.

Always Check References

First of all, if you expect for even the slightest moment that a tenant is worth trusting, it's vital to check references. Sure, everyone has a past, and some of these are filled with a few mistakes here and there, but most legitimate people have good references. Because of this, it's imperative to check the ones that a prospective tenant outlines on his or her rental application. If the references can't be reached or don't give a good-word for the applicant, it's usually best to move onto the next person who's interested in renting your property.

Keep Your Rental Properties Clean

OK, so maybe you can't keep the inside of your rental properties clean, as this is the responsibility of your tenants, but you do have the duty of keeping the exterior clean. This means you need to make sure the lawn is mowed and that the landscaping looks good. This might get a little bit costly, but you can rest assured that the money invested into keeping your properties clean is tax deductible. Best of all, when you keep the exterior of your properties clean, your tenants will feel more compelled to keep the interior clean as well. It's a win-win situation.

Hire a Good Manager

If you have several rental properties under your belt, you'll need a trust-worthy property manager to keep them in tip-top shape. You can even delegate a wide range of tasks to this manager, including collecting rent, which is definitely not something you want to have to deal with. Hopefully, though, you're not in a situation where you have to deal with tenants who aren't paying their rent on time.

Get Everything In Writing

If it's not in writing, you have no say-so in the eyes of the law. For each rental property that you rent out, you need to make sure that the tenants sign a written lease agreement. If a tenant doesn't and you still allow him or her to live there, you'll have a difficult time evicting this person if the need ever arises.

Understand That You're Responsible for Repairs

When something tears up, such as a dishwasher, it's your responsibility to get it fixed as quickly as possible. Unless you can prove that it was due to some type of negligence on one of your tenants, you are required by law to keep your rental property in good condition, which means you'll have to make any repairs that make themselves present.

Quit Snooping

You don't have the legal right to enter one of your tenant's dwellings without a 24-hour notice. That's right. Even though you own the property, once it's rented out, you have to give a notice before being allowed back in. Because of this, you need to make sure you always respect the privacy of your tenants.

The Take Away

Well, there you have it. Now that you know how to be a good landlord, there's no excuse for being a bad one. With a bit of common sense and a written and signed rental agreement, you should be good to go.

About Me

Home Renovation Expectations: Knowing What's To Come

When I bought my first house, I did it with the expectation of needing to do some remodeling. I wasn't, however, prepared for how complex the renovation process was. From upgrading the retaining walls to adding cosmetic features like the stone patio, I was inundated with decisions to make and materials to select. I wished that I had known how much was involved from the beginning so that I could be better prepared. That's when I decided to use what I'd learned to help others better prepare for their own remodeling projects. I hope the information here helps you to see what you can expect as you get ready to expand your property or renovate the existing space.



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