We asked our landlords, to identify some of the biggest mistakes their ex-property managers made and what finally persuaded them to self-manage
There have been some massive blunders, like:
· Not putting repeat bad tenants on Bad Tenant
Databases and other unsuspecting landlords inherit the problem tenants
· Letting tenants get too behind on payments,
resulting in evictions that could have been avoided, with more effective early
intervention.
· Rushing inspections and missing out on or
overlooking critical issues, that have resulted in more expense for the
landlord
· Not doing proper screening of tenants, which
resulted in unscrupulous tenants trashing and in some cases, destroying a
landlords’ property
· Not managing a landlords’ expectations, or even
doing a landlord induction at the start of the relationship
· Not returning calls and emails or taking
property notes on inspections
·
No handover process for the landlord when
property managers leave and a new manager is appointed
·
Not handling maintenance requests in a timely
manner- making the issue bigger and causing damage to the property or
sometimes, just hiring the wrong contractor.
· One property manager didn’t tell his landlord
that the tenant was running a child care centre from the property- Oh Boy!!!
Remove the "he said, she said” from the equation.
RealRenta dates and time stamps every interaction between
landlords and tenants.
Tenants can request all maintenance via the RealRenta
platform and even upload photos and documents.
Try RealRenta for free for up to 2 months now:https://app.realrenta.com/Signup.aspx
Jason Gwerder
Sunday, 20 October 2019
