No one wants to end up in court.’
By implementing excellent management practices, you can eliminate the majority of reasons, that a tenant might use to sue you.
Here are 10 of the best practices from RealRenta, to help you prevent and avoid legal disputes with tenants:
- Screen tenants properly. Use RealRenta’s Bad Tenant Check facility to screen any potential tenant.
- Show respect and conduct all interactions fairly
- Use RealRenta to communicate directly with your tenants- as the platform dates and time stamps all interactions between you and the tenant and creates an audit trail and history of the tenancy.
- Document everything and upload all photos and documents on to the RealRenta platform to form part of the file for the tenancy
- Keep tenants informed every step of the way, when it comes to repairs and maintenance
- Provide a safe and secure property- landlords can be held liable for a tenant’s losses within the premises
- Stay on top of repairs and respond to all requests promptly
- Familiarise yourself with the landlord-tenant act in your area and all the relevant statutes regarding rent, obligations, rights, security deposits and eviction.
- Show compassion to your tenants, if they find themselves in unforeseen difficulties and duress
- Reward good behavior if they pay rent in advance, or waive a late fee, if they are repeatedly good payers and they are only late once
- Use a legal advisor if you are evicting a tenant or being sued for injury.
RealRenta Landlords can save up to $1,200 or more per year in fees, doing away with Agent inefficiencies for good, whilst maintaining a professional veneer as a landlord.
Use RealRenta now for Free for up to 2 months and you will NEVER hand over your investment income to a Property Manager EVER AGAIN!
Use RealRenta for Free for up to 2 months Now!
Share this with friends who are also property investors- they will love you even more!
