17.05.2009Tenant management by Rob Smith
Reading time: 1 – 2 minutes
Long time no post – rather than a ‘Hi I’m back’ post I thought i would actually start with a post. These days I do some property investment and one of my properties is in Manchester and is a multilet property (5 bedrooms) and so requires a lot more management than your standard single let.
I guess the reason for writing this post is pass on a few simple rules that I’ve been learning about managing tenants effectivley:
- Do not assume: it’s not a good idea to assume that they ar not respinding or not paying the rent as a personal affront to you. It normally isn’t
- Don’t let it dominate your thoughts: If someone is not responding then schedule a time to call, text or whatever each day and forget about it until then and after you have done it.
- Keep it close: If you’re expecting to visit a property a lot, for gods sake make it close. Traveling to Manchester for me is a pain in the bum for what is normally a 15min visit maximum.
All good learnings and will keep adding more as time goes by.
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