As a landlord, one has to understand that dealing with tenants is one vital part of the job. Even if the landlord hires a property manager to handle the bulk of the responsibilities and obligations, he or she has to deal with the tenants in an indirect way. When dealing with tenants, the landlord has to be ready for the good, the bad, and the ugly issues that are bound to crop up.
Knowing some of these issues before they have a chance to return their head head is one way for landlords to ensure that they would be on top of every facet of their business. In connection, we would look at the same instances of the good, bad, and ugly issues in this article.
Starting with the good issues, if you lucked out and got yourself a very good tenant that pays on time and takes care of the rental property then you are in good standing. The only thing that you have to worry about in this case is how to make the tenant feel appreciated to ensure that they would re-up once the current lease is over. You can give them some small gifts in any form. Or, you can do the best you can to attend to any maintenance problem the tenants may report.
There are times though when the landlord would have the bad luck of getting a bad tenant. These are tenants who pay the rent late frequently. They may also be annoying to their neighbors. A chronic complainer can also be considered as a bad tenant.
When dealing with this sort of contracts, it is best to keep documents relating to them. For example, any complaint from neighbors in writing should be compiled. When it comes to late payment of the rent, be sure to document it too. This way, if things take a turn for the worse, you would have supporting documents when you evict them.
The ugly issues would have to include non-payment of rent, rule-breaking, and being a general problem. If things get to the point when nothing you can do or say can make the tenant change, the only option would be to evict the tenant. The process of eviction can be a complicated one too and it is therefore important for the landlord to be aware of it. In cases like this though, having a property manager that can handle the issue for you would be the best case scenario.