Improving relationships is key to success
If you’re a landlord or property manager who wants to improve relationships with your tenants, reduce stress, and put more money in your pocket, this book is for you.
The Good Landlord provides practical, down-to-earth advice to make your tenant relationships work better.
Filled with real-life stories, sample dialogues, checklists, and lessons learned, this book will increase your profits and make your job easier.
You may be trying to:
- Secure a reasonable rent increase without a costly fight.
- Gain your tenant’s cooperation because the heating system broke over a cold weekend and you can’t get it repaired for 3 days.
- Reach agreement with your tenant on a date the tenant will move out that you can enforce in court.
Whatever the issue – how you communicate and resolve problems with your tenants can make a big difference in your success as a landlord.
The Key: The key is to expand your definition of self-interest. When you meet the interests of your tenants as well as your own, your self-interest expands. You meet the interests of others to enhance your own bottom line. You satisfy your “enlightened self-interests.”
This book presents a number of ways you can meet your tenants’ interests in order to meet your own. You can:
- Help your tenant avoid eviction by negotiating a plan to repay the back rent which will also make eviction easier if necessary.
- Make needed repairs before tenants request them that save on future repairs
- Consider the impact of a proposed rent increase on a tenant, and then negotiate a workable rent increase that also increases future tenant cooperation.
When you meet the interests of your tenants, you can increase your profits while also improving your tenants’ quality of life. Although this may not be immediately apparent, many landlords with whom I have worked, including myself, have been pursuing their enlightened self-interests with success.
But how? How can you increase your profits by avoiding the need to evict a Section 8 tenant or by getting your tenant to help you prevent water leaks? What kind of difference can good communication make to your bottom line?
Although that’s what this book is about, I can summarize it here. It’s about learning to deal well with people – their needs, frustrations, and foibles. It’s about motivating tenants to meet your interests as well as their own. It’s about managing difficult situations without losing your cool. Mastering these practices can make a big difference in your success as a landlord. These practices don’t come easily, however. There are many bumps in the road that can cost you time, money, and stress. The stories and lessons in this book offer advice to make the road easier and your profits higher.