Secrets To A Long-Term Tenancy

Secrets To A Long-Term Tenancy

If you think you’ve found a star tenant for your rental property, you definitely want to keep them around for as long as possible. Nobody wants long periods of vacancy and having a long-term tenant can give you a sense of security, especially if they’re a reliable one.

Consider your tenant’s interests as important as your business. You want to establish a long-term rental relationship built on mutual respect and wherein you encourage one another to make each other’s lives easier.

Even before the tenancy begins, reach out to applicants who could be star tenants, even if they might seem hesitant. Perhaps they are in a situation that requires a grace period. Showing you value their time and allow for compromises is a great first impression.

Start the tenancy with a warm welcome. Are they new to the neighbourhood? Provide some recommendations of the best restaurants and hotspots.

Maintenance is important, even when it comes to the little things. Be consistent in providing a safe and comfortable rental. Neglect is often the root of property rental troubles, so be sure to respond to maintenance requests as soon as possible.

Your investment property is your tenant’s home too. Respect their personal space and privacy. Always have communication lines open and notify the tenant ahead if you plan to enter the property.

Stacey Lee Realty has experienced Property Managers to handle the task of maintaining your investment and ensure your investment is working for you with minimal hassles. Call us today at 07 3399 2966 or visit www.staceyleerealty.com.au