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How to Build a Positive Relationship with Your Tenant & Enjoy Long Term Benefits When Renting Out Condo

How to Build a Positive Relationship with Your Tenant & Enjoy Long Term Benefits When Renting Out Condo
How to Build a Positive Relationship with Your Tenant & Enjoy Long Term Benefits When Renting Out Condo

Fining a Tenant that you can trust and communicate effectively with is key to this process. Make sure to do your due diligence and get references from the tenant and any previous landlords they may have had. Ask questions such as what kind of tenant are they, why are they moving, and what do they think of their present landlord? Confirm that they have the necessary means to pay their rent on time and that they have the appropriate insurance.

Once you have found a tenant, it is essential to build a positive relationship with them. Communication should be open and clear. Respond quickly to any worries or issues which they may have and make sure to respect their privacy. A contented tenant is likely to look after your property better and stay for a longer time – this will reduce turnover and the costs which come with it.

When …