The relationship between a landlord and a resident has some fine lines you do not want to risk crossing. For the security of your business and your sanity, maintaining an anonymous, professional relationship with your residents is a useful means to keep things running smoothly. By having the Real Property Management Investment Solutions team on your side, we deal with the chaotic and often stressful problems you don’t necessarily want to handle.
Maintain Distance
As a landlord, forging relationships with your residents is easy. Appliances require fixing, and the property needs tending; you could be visiting a resident every month or so depending on the situation. When you constantly have to go see someone renting your property, a friendship may possibly form. Suddenly you realize your resident has your private phone number and maybe even knows where you live. Having that kind of information is 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 if something goes awry you may not want to be the “bad guy” when they can’t pay rent, etc. You end up in a situation you never wanted to be in just from being a thoughtful landlord.
How We Can Help
Your resident may also try and take advantage of you. With a property manager, you totally avoid these issues. We handle everything from background checks to broken rules and rent is past due date. We study local and federal laws so you don’t have to, and we implement them with your residents to make sure there is always a clear understanding that the relationship we have is strictly professional. This removes you from the conflict completely by being anonymous.
Avoid Conflict of Interest
Maybe being a landlord is not the only type of business you are in. Being in politics, owning a restaurant, or any kind of public career can cause conflict with residents attempting to rent from you. If they recognize your name then they may already have a set idea regarding the type of person you are. Whether it is good, or misinterpreted, having a property management team backing you eliminates the risk entirely and guards your identity. Having that protection is useful when a resident needs to be evicted from a property and wants to take it out on the owner, especially if you run another business. You don’t want a resident leaving a negative review of your business online because of an issue with a rental property. Why risk getting your reputation destroyed if you don’t have to?
If you are interested in having your property managed by Real Property Management Investment Solutions, have more questions, or just want to speak to one of our team members, then contact us online or call us directly at 616-419-8880 today!
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
