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Apex Landlords: Do You Really Want to Know Your Residents?

Potential Resident Reviewing History with a Property ManagerWe, at Real Property Management Excellence, believe that keeping an anonymous, professional relationship with your residents is an effective way to keep things running efficiently with your rental property if you want to keep your sanity intact and your business secure. Because in your relationship with your tenants, there’s a fine line drawn between you, as the landlord, and your residents that you may never want to risk crossing. By having the Real Property Management Excellence team on your side, we will take charge of you all the unwanted problems you don’t want to.

Maintain Distance

As a landlord, it’s easy to form personal relationships with your residents, even when you don’t intend to. There are appliances needed to be fixed, your property needs tending to, so you could be seeing a resident every month or so depending on your situation. When you are constantly having to visit someone renting your property, a friendship could potentially develop. Suddenly you realize your resident has your personal phone number and maybe even knows where you live if you live far away from your property.

Having that kind of personal information can be harmless until a resident becomes resentful over an issue with the property. The risk in this is having too close of a relationship with your tenant and then, as a result,  you do not want to be the “wretched evil person” 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.  Or because you have a friendship, your residents could also try and take advantage of you.

How We Can Help

By having a property manager, you avoid these issues completely. When you hire us to represent you, we take care of everything from background checks, to broken rules, to the rent being past due. We know the local and federal laws, so you don’t have to, and we enforce them with your residents and we ensure there is always a clear understanding of the relationship we have, which is strictly professional. This takes you out of the conflict completely by being anonymous.

Avoid Conflict of Interest

Being a landlord may not be the only type of business you are in and any kind of public career can potentially cause conflict with residents trying to rent from you. If they remember your name from somewhere then they may already have a preconceived opinion of the type of person you are. Whether it is good, or misinterpreted, having a property management team representing you eliminates the risk and protects your identity.

Having that protection is especially advantageous for you especially if you run another business, if a resident needs to be evicted from a property and wants to take it out on the owner. You don’t want a resident leaving a negative review on your business online because of an issue with a rental property so why risk having your reputation wrecked if you can prevent it? You won’t have regrets if you hire a property management service to keep your business anonymous and secure.

To learn more about the services Real Property Management Excellence offers, Please contact us online or call us at 919-827-1107.

 

 

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