The relationship between a landlord and a resident has some specific 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 helpful way to keep things running well.
When you work with Real Property Management Talent, we go above and beyond to ensure that you remain separated from your rental property, so you can sit back, relax and enjoy the benefits of investing in real estate.
Maintain Distance
When you’re a landlord managing your property by yourself, a more personal relationship between you and your tenants could easily unfold. How? You’re constantly visiting your property, repairing things and doing the general upkeep so you almost always get to see your residents. Next thing you know, you’re exchanging personal information like phone numbers and your home address, if you’re not living nearby. Now that’s not necessarily a problem until a resident becomes disgruntled over an issue with the property. That resident with your personal information can make your life miserable too.
The risk with having too close a relationship with your tenants is that when something goes wrong, like when your tenant is short on rent, you cannot act as you would want because you do not want to appear the villain and your tenants could take advantage and manipulate you.
How We Can Help
Your resident could also try and take advantage of you. By having a property manager, you avoid these issues completely. As your property management company in Temple, we handle everything from background checks, to broken rules, to rent being past due.
We know the local and federal laws, so you don’t have to, and we enforce them with your residents to make sure there is always a clear understanding of the relationship we have, which is strictly professional. This eliminates you from the conflict completely by being anonymous.
Avoid Conflict of Interest
Perhaps 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 trying to rent from you. If they recognize your name from elsewhere then they may already have a preconceived notion of the type of person you are. Whether it is good, or misinterpreted, having a property management team behind you eliminates the risk entirely, and protects your identity.
Having that protection comes in handy 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 having your reputation dismantled if you don’t have to?
There are no regrets in keeping your business anonymous and secure. To learn more about the services that Real Property Management Talent offers, contact us online or call us at 254-4010-0400 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.
