The relationship between landlord and resident draws out some fine lines you don’t want to risk crossing. For your business’ security, and your sanity, keeping an anonymous, professional relationship with your residents is a practical way to keep things running smoothly. By having the Real Property Management East Cobb team on your side, we can handle the messy and usually stressful problems so that you don’t have to.
Working as a landlord, it is easy to form relationships with your residents. You may interact with your residents in a number of ways such as responding to repair calls, managing daily tasks, conducting residents screening and even possible resident evictions. This continual interaction could lead to a kinship, or a dissent, with your residents over matters that are not directly related to your professional business. From these interactions, you may suddenly come to realize your resident has your personal phone number and maybe even knows where you live.
This evidence can seem harmless, that is until there is a reason for your resident to become bitter over a property issue. The risk in this is having too close of a relationship with your tenant and then as a result not wanting to be the “bad guy” if something goes wrong., or when the resident is short on rent, etc. You end up in a situation you never wanted to be in just from being an attentive landlord.
How We Can Help
Your resident could also try and take advantage of you. By having a property manager, you avoid these issues completely. 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
Maybe being a landlord is not the only type of business you are in. Participating 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 somewhere else, then they may already have a set notion of the type of person you are. Whether it is good, or misinterpreted, having a property management team behind you eliminates the risk completely and shields 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, particularly if you run another business. You don’t want a resident leaving a negative review online on your business because of an issue with a rental property. Why risk having your reputation undone if you don’t have to?