The relationship between a landlord and a resident draws out some fine lines that you do not want to risk crossing. For the security of your business and your sanity, keeping an anonymous, professional relationship with your residents is a useful way to keep things running smoothly.
By employing the services of the Real Property Management One team, we can handle the potentially messy parts of property management. This allows you to simply sit back, relax, and reap the benefits of investing in rental property.
Maintain Distance
As a landlord, it’s easy to form relationships with your residents. Appliances need fixing, the property needs tending, you could be seeing a resident every month or so depending on the situation. When you are constantly having to visit someone renting your property, a friendship could potentially form. Suddenly you realize your resident has your personal phone number and maybe even knows where you live.
Having that kind of information can be harmless until a resident becomes bitter over an issue with the property. The risk in this is having too close of a relationship with your resident and then, in result, not wanting to be the “bad guy” if something goes wrong or when the resident is short on rent, etc. You end up in a situation you never wanted to be in just from being an attentive landlord.
How We Can Help
Your residents could also attempt to exploit you with your personal information. By having a property management team, you can stay away from these issues totally. We handle everything from background verifications, to handling broken rules or lease agreements, to dealing with rent that is past due.
We are up to date on the current local and federal laws, ensuring that all decisions we make are legal. This system eliminates any conflict between you and your residents and protects things that are not related to this part of your business.
Avoid Conflict of Interest
Owning a rental property and being a landlord may not be the only form of business you are engaging in. Whether you are a public figure, engaged in politics, or own a small business, there is a lot of value in keeping these aspects of your life separate from your rental property and its residents. Your residents may make preconceived notions of you and your property based on the misguided information.
Having a property management team not only protects your property but also your reputation. A disgruntled resident may leave a negative review for your small business when in reality they were unhappy with something regarding their rental property. Why risk this damage when we can take care of it for you?
You will have no regrets in keeping your business anonymous and secure. To learn more about the services Real Property Management One offers, contact us online or call us at 925-794-8339 today.