There are many benefits that come with being a rental property owner, but there are challenges that arise as well. Even the best landlords encounter occasional problems with tenants and issues with rental arrangements. Here are 10 of the most common complaints landlords have in regards to their tenants, along with some precautions to take to help avoid these situations.
1. Late or missed payments
2. Property damage or neglect
3. Unpaid utility bills
4. Constant complaints or excuses
5. Tenant complaints on social media
6. Refusal to pay late fees or cleaning fees
7. Unanswered phone calls, letters, and emails
8. Continual disregard for policies or rules
9. Disregard of move out date
10. Subleasing without permission
If any of those sound familiar to you, it might be time to consider a new approach finding renters.
Screening tenant applicants is one of the most crucial parts of rental property ownership or management. If you fail to properly screen a renter, you leave yourself open to serious risks and problems. While no rental arrangement is risk-proof, a thorough screening process can help identify and mitigate potential risks and will help to eliminate terrible renters from the start.
Another vital step in the rental process is ensuring that your lease agreement or rental contract is detailed, clear, and protects you from any damaging or unacceptable behavior on the part of your tenant. Outlining expectations and policies with clear and legally binding language can save you significant amounts time, money, and energy down the road.
While some problems are beyond your control as a property owner, there are things you can do to decrease your risk and protect yourself from unnecessary conflict. Our team of Chandler Property Management professionals goes above and beyond to support and protect the landlords we work with. If you have questions about best practices or would likes some recommendations from our top property management experts, call us today at 480-719-1243.