Common Problems Landlords Face in Dealing with Their Tenants

by Remy Lacanaria


Posted on 2019-09-02 20:17:01


 

 Common problems landlords face in dealing with their tenants1.PNG

 

Landlords and property managers always do their best to build a good relationship with their tenants, but sometimes, you also must deal with tenant problems. That is why it is important to be aware of those possible potential problems with tenants that a landlord might face before it happens so you would know how to deal with it once it occurred.

 

  • Tenant not paying their rent on time. Admit it, but not all tenants can pay their rent on the said date that is written in the lease agreement. This is also the number one reason, that causes problems to the landlord or property manager. Rental payments are the most important part of their property, so not paying it on time, can make a serious dent in their wallet.
    • What to do to make tenants pay their rent on time?
      • You can offer lower rent to your long-term renters.
      • You can help them build their credit score if they pay their rents on time or before it's the due date.
      • Charge a late rent payment fee.
      • You and your tenants may sign-up with Smart Housing, a cloud-based property management software. Your tenants can pay their rent online thru Smart Housing Online Rent Payments where they can set-up automatic payment, this way, you will get paid on time because it will automatically be withdrawn from your resident's bank account and have rent paid on a date they specify each month.

 

  • Damage to the property. There are cases of damage to the property caused by problem tenants, guests or pets. A landlord can legally charge the tenant for any damages.  One best way to prevent damage to the property is to have a regular property inspection. This will give the landlord an opportunity to flag needed repairs and fix damages promptly that are occurring.

  

  • High tenant turnover. When there is high tenant turnover, it means lost rental income. Unscheduled repairs, cleaning, and upgrades mean an increase in your operating cost. There are things that landlords may do to prevent high tenant turnover, and here are the following:
    • Use Tenant Screening services to find a good tenant.
    • Be responsive to tenant issues quickly.
    • Maintain the property.
    • Build a good relationship with all your tenants.

 

  • Security Deposit Issues. Sometimes tenants thought that they can use the security deposit to pay their last month's rent. The security deposit serves to protect the landlord if the tenant breaks or violates the terms of the lease or rental agreement. Smart Housing has a smart balance feature where landlords can keep security deposits until such time they need to take it or use it.

 


Other Recent Posts

  • Defining Heating Systems
  • Household Hazards
  • A Basic Understanding of Homeowner Associations
  • Pest Control in Rental Properties
  • Three Screening Tips to Avoid an Eviction
  • How-to-Videos for New Move-Ins
  • Preventing and Minimizing Water Damage from Flooding
  • Is Keyless Entry Right for You?
  • Rental Property Rehab
  • Staging a Rental Property
  • Preparing Rental Properties for Winter
  • Do-It-Yourself Landlords
  • Harassment by Tenant
  • Harassment by Landlord
  • Renting Your Home to Military Family
  • Renting a House vs Apartment
  • Pros and Cons of Pet Living in Apartment
  • Property Manager Needs To Know
  • Things to Know Before Signing a Lease
  • Renting to Student
  • Tenant Violated a No Pet Clause
  • How Apartment Leasing Work
  • Things to Remember When Renting Out Your Apartment
  • Having a Virtual office: Its Pros and Cons
  • Best Way To Clean Your Windows
  • Bed Bugs and How to Control It
  • Tenant Terminating Lease Early
  • Do's and Don'ts of Living in Apartment
  • Landlord FAQs
  • PROs & CONs of Multifamily Homes
  • Pros and Cons of Month-to-Month Rental Agreement
  • Common Problems Landlords Face in Dealing with Their Tenants
  • FAQs on Evictions
  • Rent Collection Issues
  • Advertise your Rental Property
  • How Much Will My Property Rent For?
  • Tips for First Time Landlords
  • Prospective Tenants
  • Ways to Handle Rent and Security Deposits
  • How to Increase Rent
  • How to be a Good Landlord
  • Reducing Vacancies
  • Serving an Eviction Notice
  • Tips on How to Avoid Rental Fraud
  • Tenant's Abandoned Personal Property
  • Tenants Need to Know About Apartment Inspections
  • Tenant's Rights Violated
  • Establishing Rental Standards
  • Common Reasons Tenancy Ends
  • Rent Collection Tips & Techniques