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Section
8: Landlord Information
Landlord
Tips for Successful Property Mangement
Before you rent to a prospective tenant, check references and
other available information. Contact your newly formed Greene
County Landlord Association through GMHA for more information. Doing
this may prevent eviction or waiting until the end of the lease
to remove a tenant with serious lease violations. Check the following
items prior to lease signing:
- Credit
history
- References
- Background
Put everything in writing. Keep good written records
of all your transactions and dealings with your tenants:
- Rental
application and lease should lay out the important terms of your
agreement with the tenant.
- Document
tenant complaints and your response.
- Document
any agreements you may make that are not listed in the lease.
Collect a security deposit. This is a good
way to ensure that the tenant has a stake in the maintenance of
your property. If a tenant cannot pay a security deposit, there
are assistance programs that may be available to help that household.
You may also choose to allow the tenant to make payments towards
the security deposit, rather than requiring all the money at lease
signing. Do not allow the tenant to use the deposit to pay for late
rent or repairs while they still occupy the unit or you may not
have any deposit left when the tenant moves out. Security deposits
are used for:
- Missed
rent payments
- Tenant
utility bills that go back on the landlord
- Damages
to the unit beyond normal wear
Tenants will expect and deserve privacy. Avoid
alienating your tenant and leaving yourself open to claims of harassment,
trespassing, and invasion of privacy. Always give at least 24 hours
notice when workers need to enter a unit for inspections or repairs.
If the tenant is not at home when you need to enter, leave a note
describing the work that was done and whether or not you need to
return to complete the job.
Provide regular maintenance and make repairs promptly.
This will save you money in the long run and may allow you to:
- Attract
better tenants
- Charge
higher rents
- Protect
yourself against legal action
Purchase property and liability insurance.
Your investment needs to be protected from loss caused by storms,
fire, water, and criminal act, as well as discrimination and personal
injury.
Make sure that any employees you hire are trustworthy.
Many landlords do background checks on employees before they hire
them. Have a well written job description to ensure that any policies
and practices you have will be followed. Be sure they are familiar
with the Fair Housing Laws.
Protect your property and tenants from crime.
- Make
sure windows and doors have good working locks
- Prune
vegetation
- Provide
adequate lighting around the outside
- Notify
the police if you suspect problems
Be aware of potential health problems.
- Know
if your property has the potential to be a lead paint hazard
- Follow
appropriate disclosure requirements for lead paint
- Take
appropriate measure in dealing with lead, carbon monoxide and
other home hazards
- Keep
your property in good repair
- Make
sure that all smoke detectors are in working order
Before problems with your tenant become a conflict,
discuss the issues. Document what you discuss and agree to in
case the problem re-surfaces. Resolving a problem informally may
save you money. If problems other than nonpayment of rent continue,
refer the situation to GMHAs Project TOTAL.
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