Rental Real Estate Tenant Woes and How to Solve Them
Sick of tenants calling you in the middle of the night? Tired of cleaning up an apartment that's been left dirty? Done with painting over walls that have been painted a deep purple? Dreading having to chase down a delinquent tenant every month?
If you're experiencing some serious rental real estate woes, keep reading to learn how to solve them.
Problem: Property maintenance and dealing with tenants is becoming a burden.
If you're having trouble keeping up with property maintenance or your tenant's building requests, it may be time to look into hiring a property management firm. Not only will a property manager screen prospective tenants, they'll also handle any and all maintenance calls, small repairs, and then ready the apartment units for rent.
If hiring a property management firm isn't an option and your problem is the tenant rather than your building, then have a meeting with your tenant. Bring along a copy of the lease and your state's tenancy act. Explain what is a reasonable request, what's required of you as a landlord and assistance he or she can expect of you.
Problem: Properties are left dirty and poorly painted.
To prevent this problem, charge new tenants not only a rental deposit but also a standard cleaning fee. Set a rate of a couple hundred dollars, which will more than cover the cost of hiring a domestic cleaner for a day to come in and tidy the apartment once your tenants have left.
Also, while setting a heftier deposit can limit your tenant pool, that might be a good thing. Rather than settling for a tenant who can't make a deposit and is likely to leave your property in shambles anyway, strive to obtain quality tenants who are motivated to get their deposit back because they take good care of their rental.
You might even consider offering prospective tenants a lower monthly rent deal based on their willingness to preserve and beautify your property, especially if it is a house. For example, if your rent is normally $1000 per month, you could knock off $100 - $150 dollars per month for a renter who is willing to landscape the yard or paint the house interior. You would, of course, provide the necessary supplies.
Problem: Rent delinquency
Before you take action on ongoing rent delinquency, make sure you've read and understand the lease agreement, your state laws and your county's tenancy laws.
By knowing the law, you'll be aware of your rights and what you can and can't do in uncomfortable situations. Remember, you can't throw a tenant out on your own, lock them out or even threaten to evict them. Tenants have rights of their own, and there is a process that needs to be followed.
With delinquent rent, every state has an eviction process that needs to be followed. It usually starts with a state-issued form that is delivered to the tenant and gives them a set number of days to pay or leave. Be sure to always follow your state's guidelines regardless of how frustrated you may be with your renter.
Related Tags: maintenance, memory, work, back, yourself, know, childhood, lost, resonance, moment, routines, fade, juggling, scuddle, ofdaily, careerand, familyallow, yourlong-forgotten, youv
For information on exciting vacation rentals, please see http://www.rentalpropertytips.com, a popular site providing great insights concerning vacation destination ideas, such as a St. John villa rental, Smokey Mountain cabin rentals, Maui house rentals and many more! Your Article Search Directory : Find in Articles
Recent articles in this category:
- 5 Reasons to Buy Jasper Real Estate
Jasper is a small town in North Georgia and it is growing rapidly. Since North Georgia Foreclosures - Ellijay Real Estate
Ellijay Georgia has always been known for it's outdoor activities and seasonal festivals. Downtown E - How to Deal With Blocked Drains
A blocked drain is an occurrence that happens eventually to all households. You may have experienced - The Benefits of Hiring a Plumbing Consultant
Your dream home may not always be brand new, with fresh paint and home essentials. There are certain - The Worst Mistake You Can Make When You Apply to Rent a Home
A whole new class of people has become renters and potential renters in America during the last thre - State of Individual Real Estate Markets
Everybody is well aware of the hit that the real estate market has taken over the past three years. - Thoughts on Avoiding the Landlord Trap
I've heard several people say they would never invest in a multifamily rental property because they - An Idea to Increase the Bottom Line of Your Investment Property
Are you pretty sure that you've already maximized the income coming from your property? If you've cl - Finding the Value of a Piece of Investment Real Estate
There is a lot of confusion about how much investment property is really worth. We'll look at three - Arkansas Land For Sale - Search Engine Optimization and Your Website
If you have Arkansas land for sale and are interested in advertising it on your website I have a few
Most viewed articles in this category:
- How High Did Home Prices Really Go
The U.S. Census Bureau released data on Tuesday that revealed where the nation's hottest markets wer - New Homeowners Tips for Household Safety
With so many items on their ¡°buying a home¡± checklist, few homeowners take into considerati - Truth About VA Foreclosures
Many people now days are finding themselves out of work and not being able to make the mortgage paym - Avoid Rookie Real Estate Investing Mistakes
When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of cours - Finding The Perfect Roommate On Craigslist
Craigslist, Roommates, and The Concerns Craigslist is "great" when it comes to looking for housing - The Forgotten Secret To Selling Property - Simple, Quick And Cheap
Why spend big dollars trying to get people to drive a long way to see your house, when your best pro - Get Amazing Results Selling Real Estate Online
This is the age of the internet. Why not take advantage of the widespread use of the internet to ad - Dallas Real Estate Information
In the United States, Dallas is considered as the second leading state according to the area. If any - The Largest Private Equity Indian Real Estate Deal
In the largest private equity deal won by the real estate sector, Morgan Stanley Real Estate has inv - Fractional Real Estate Ownership
Fractional ownership of vacation ski condos is growing in popularity. Park City Utah a popular ski t