Find and Retain Good Tenants with Brickleys Property Solutions

1. Find and Retain Good Tenants with Brickleys Property Solutions For the purpose of attract and keep good tenants, your property will need to have a track record of being well managed. Since it costs time and money to place a qualified tenant, it makes sense to do whatever you can to limit your tenant turnover. Tenant satisfaction should be a high priority. The experience and efficiency that a professional property manager like Brickleys Property Solutions brings to the table could give your property a well edge in a competitive market. It's good to ask Brickleys Property Solutions a prospective management company: "What is your average turnover rate?" Their answer will help you determine if you could benefit from their experience in this area. The reality is that strong tenant retention numbers don’t just happen; they are the result of consistent, quality service and a pre-planned tenant retention program. A tenant retention program can start small and can include inexpensive things like seasonal greeting cards and minor amenities that let tenants know management cares. The lease agreement should also state what the initial security deposit would be, any late payment charges and when the tenant will get their security deposit back. Further you can do the following for keeping your tenant satisfied If Repairs aren’t Made, Make Them Timely Nicholas Caffey a qualified personal associated with Brickleys Property Solutions suggests that do not put off routine maintenance of your property. Make sure any repairs are promptly done if they need to be made or if your tenant calls you. Failure to do so will upset good tenants and in court a tenant could attempt to legally withhold rents. At minimum they could try to without a portion of the rent to cover the repairs, sue you for any injuries caused or void the contract you both created. Must Give Your Tenants a Notice before Entering Every state has something that is referred to as tenant's rights privacy. This means that though you technically own the property you cannot just walk in whenever you want while you have people renting from you. If you need to enter the premises for whatever reason you need to give them notice. Twenty-four hours is usually the minimum requirement but

2. the more time you give them the more prepared they can be. While some people could care less if you came by others are extremely private individuals and get bugged by someone stepping inside their home even if it's for a justifiable reason. Insurance Is a Wonderful Thing to Have In this day and age it would be absolutely foolish to not have liability and homeowners insurance on your rental. You could be sued for anything. It is vital that you protect yourself against frivolous and honest lawsuits that could endanger you and your family's well-being. Some people make it their career to one day put themselves in a position where they can get a multi-million dollar lawsuit and not have to work the rest of their lives. For more about property management matter and other related info you can check Brickleys Property Solutions blog for the same, just click here