The relationship between landlord and resident draws out some fine lines you do not want to risk crossing. For the security of your business and your sanity, maintaining an anonymous, professional relationship with your residents is a handy way to keep things running efficiently. With Real Property Management California Coast team on your side, we will handle the messy and often stressful problems, so you don’t have to.
As a landlord, forming relationships with your residents is easy. Appliances need fixing, and the property needs tending; you may be seeing a resident every month or so depending on the situation. When you constantly have to visit someone renting your property, a friendship can potentially form. Suddenly you realize your resident has your private phone number and maybe even knows where you live. This can be harmless until a resident becomes bitter over an issue with the property. The risk in having too close a relationship with your resident could result in you not wanting to be the “bad guy” if something goes wrong, like when the resident can’t pay rent, etc. You end up in a situation you never wanted to be in just because you were a helpful landlord.
How We Can Help
Your resident might also try to take advantage of you. By having a property manager, you can avoid these issues. We handle everything from background checks to broken rules to past due rent. We study local and federal laws, so you don’t have to. We then enforce these laws with your residents to make sure there is always a clear understanding that the relationship we have is strictly professional. This eliminates you from the conflict wholly by being anonymous.
Avoid Conflict of Interest
Perhaps being a landlord is not the only type of business you are in. Being in politics, owning a restaurant, or any kind of public career can cause conflict with residents attempting to rent from you. If they recognize your name from elsewhere, then they might already have a preconceived idea of the type of person you are. Whether their idea of you is positive or they have misjudged you, having a property management team behind you eliminates the risk entirely and protects your identity. Having that protection is handy when a resident has to be evicted from a property and wants to take it out of the owner, especially if you run another business. You don’t want a resident leaving a negative review of your business online because of an issue with a rental property. Why risk having your reputation tarnished if you don’t have to?
There are no regrets in keeping your business anonymous and secure. To learn more about the services Real Property Management California Coast offers, contact us online or call us at 310-535-2150 today.