Set the tone with the right documents
Everything you do leading up to handing over the
keys to your new tenant will set the tone for the whole tenancy.
The minute the tenant gets the keys in their hot
little hands is the moment your words fall on deaf ears.
You absolutely must do the following before they
- Sign the lease and
give them a tenant handbook (Some states by law you need to)
- Complete a thorough
- Get the bond money
and bond lodgement form signed
- Give them: What
happens if you don’t pay rent document
That last document explains what will happen if
they miss a payment. If your tenants know what will happen, they won’t complain
because they knew upfront what would happen if they missed a payment.
This strategy also makes it easier to maintain a
friendly professional relationship even if you have to evict them.
Maintaining a friendly professional relationship
throughout the whole tenancy is really important. Sometimes you might have to
rely on the rapport you have with them when dealing with a sticky situation.
Check out more tips on how to prevent your
tenant from falling behind in rent, in the next blog
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Thursday, 20 August 2020