Aside from the fact that being a landlord is a tough task to handle for many especially the uninitiated, prospective landlords should also consider that it is full of surprises. No matter how you prepare yourself to take on the duties of being a full-time landlord, there is still the chance that you would be made unaware of an issue like your tents forming a union.
If you are a landlord owning a large apartment complex and your tenants decided that it is within their right to create a union, would you know what to do? There are certain things recommended for a landlord to stick to when such an occasion arises. We will look at these things in this article.
The first thing that you should do as a landlord is to go on a fact finding mission. You have to learn the reason behind your tenants forming a union. It is possible that your tenants may have issues with you as the landlord or the property manager you hired. But keep in mind that an issue would have to be significant large for them to decide that it is in their best interest to form a union. Be swift in learning what their concerns are so that you can come up with a remedy that would appease them as long as it is within your list of responsibilities.
Fixing the problem is recommended to be taken in a two-step plan. First, swiftly remove the reason why your tenders are up in arms so to speak. Surprise them by fixing the things they have an issue with. The next step is to go further. This means making positive changes that would lead your tenants to be outstanding ones mobbing forward.
When fixing the cause of the problem though, make sure that you do not cave in to unreasonable claims. For instance, if they are organizing a union because they want to force you to lower the rent even if the market does not dictate it, be tactful and explain to them that their agreeing to their demand is not reasonable. Also, caving in to unreasonable claims would not do much to earn their respect.
After making the changes, try not to be proud about it. That will only make you look like a braggart and that will not help in winning their respect. It is better to have them realize that their problems have been solved without much fanfare.
By knowing how to deal swiftly with the aforementioned issue, you would have an easier time attaining success for your business.