When you have tenants, you can't afford to overlook their needs. After all, unhappy tenants won't renew leases. And you'll be stuck with a property that's not producing an income stream.
Read on to learn how to build strong tenant relations in Dickson, TN!
Make Yourself Accessible
First and foremost, you want your tenants to know how to get ahold of you. You'll improve tenant satisfaction when they know your phone number and office hours in case they have a question or emergency.
An absentee property manager won't go over well with tenants. And they might think about moving elsewhere. Be intentional about checking in with tenants each month so they know you are available for communication.
Make sure tenants have digital and physical copies of all important documents, including their lease. And let them know well in advance if you'll ever need to enter their property for inspections or maintenance.
Use an Online Communication Portal
When it comes to tenant communication strategies, offering an online portal is key. This can enable tenants to communicate with you at any point in the day. They can file maintenance requests or ask questions.
They also can use an online portal to pay rent. For tenants unable to visit the property office during normal business hours, this is critical. Being able to make online payments is a significant perk.
Remember that owning an investment property isn't just about maintenance and rent collection. Even though management software may be an investment, its long-term benefits are worth it.
Respond Promptly
Having the means to communicate online and in person is not enough. You need to be prompt and clear with all communication. Effective tenant management involves responding to questions and requests as soon as possible.
For maintenance requests, always give tenants an acknowledgment that you have received the request. Then provide a timeline for repairs. That way, tenants will know that you're investigating the problem, even if it will take time to figure out a solution.
If tenants are having issues with neighbors, intervene promptly. Issues between tenants can snowball into significant distractions. Find common ground and take action to enforce any rules that are being violated.
Organize Community Events
Another one of the best property management tips is to engage your tenants in the community. You can foster neighborliness through organized social events, especially if you have a property with multiple units.
Host a barbecue or ice cream social. Designate an area for gardening and build a gardening club. At the very least, have a bulletin board where you post about local businesses and services.
Build Good Tenant Relations
Strong tenant relations can increase the likelihood of responsible tenants wanting to stay in your property. Be accessible and prompt with all communication. Offer an online portal to make communication easier, and be present by hosting events that build community.
At PMI Greater Dickson, we are a family-owned company with expertise in property management. Let us help you maximize the potential of your rental properties. Contact us today to learn more!