Being a successful landlord appears to be simple on paper. The appropriate property combined with the right tenant, plus a dash of luck, and voilà! You’ve built a thriving buy-to-let firm. There is, however, a lot that can go wrong!
Here are four ways to ensure that your tenancy transaction will run smoothly, ensuring that everyone involved will be satisfied.
Your Property is Your Business
It’s your property that you’re in charge of. You must cover your mortgage if your tenants do not pay. You must discover a remedy if something goes wrong.
The truth is that you must go a step further. Set up systems to account for all possibilities. When you let someone, you should use a systematic and organised approach. What plans do you have in place for when you go on vacation, for example? You should notify your tenants and provide them with the contact information in case they require you.
With Mortoo Homes, we’ll take care of everything so that when you want to go on holiday, you can go with the confidence that everything will be taken care of properly and professionally.
Be Approachable
Sounds straightforward, right? It is, however, one of the most undervalued qualities a landlord must-have.
Show your face when your tenant moves in. Take the time to check on them and see if they’re satisfied. It can be reassuring for a tenant to know how the heating and hot water systems work. Give your contact information, including your phone number and email address. Let them know that they can contact you at any time if they have any questions or concerns.
At Mortoo Homes, we pride ourselves on being both approachable and will go out of our way to make sure both the landlord and tenant are happy with the setup. Hand your property over to us for a smooth and stress-free transaction.
Don’t Dawdle
There will come a time when your tenants may approach you with a problem that requires your immediate attention. Never neglect or overlook this.
Let the tenant know if you can’t address it right away. Communication is critical. There will be things you can’t handle on your own, so it’s essential to have a solid working relationship with various tradespeople. When it comes to getting a job done, don’t cut corners. In the long run, a shoddy job will cost you more.
With Mortoo Homes, we’ll carry out all inspection and maintenance checks. Our communication portal will also ensure that any issues are dealt with promptly.
Meet Safety Standards
All landlords have responsibilities to meet. One of these is to follow proper safety guidelines. Make a list of them and double-check that your property satisfies the requirements.
A registered engineer must instal and inspect gas and electrical equipment once a year. Carbon monoxide and fire alarms must be installed and monitored regularly. Any such activities should be documented and made public.
If you decide to choose Mortoo Homes, we’ll arrange all required checks and certificates so that you won’t have to lift a finger.
By choosing to hand over the management of your property to Mortoo Homes, you’ll be handing over any stress and avoid having to deal with the tenants directly. We’ll ensure that everything is dealt with promptly and adequately.
Discover holistic property management today with Mortoo Homes!
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