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ERIESENSE BLOG

How to Become a Landlord Your Tenants Like

The landlord-tenant relationship can be tumultuous, very successful and everything in between.

A great landlord goes a long way in keeping great tenants and maintaining relationships with them. Fortunately, you can take steps to become a landlord every tenant would like to have.

  • Know your rights. Real estate laws differ in every state, so speak with a real estate attorney or your local housing authority to learn the laws in your area. Your tenants will respect your decisions if they know they come from existing legal guidelines. This can also protect you from lawsuits in the future.
  • Know your codes. Just as you need to know your real estate laws, you also need to know the property codes and safety and health regulations.
  • Outline the guidelines. Most tenants will respect your rules if they know about them ahead of time. Establish written policies and share them with tenants before they sign their lease so they know what is expected of them.
  • Solve problems. Things will break at your rental property just as they do at your residential property. Great landlords respond quickly and make good repairs when things break.
  • Create a sanitary environment. This means removing the trash and keeping the communal areas clean. If you want to keep great tenants, this is non-negotiable.
  • Create a safe environment. You can’t control what happens outside your rental property. But ensuring the property has locks, fire and security alarms, sufficient parking and bright outdoor lighting will help your tenants feel safe coming home each night.
  • Respect their privacy. Yes, it’s technically your property. But you want your tenants to feel like they own it, too. You can foster that feeling of ownership by respecting their privacy and giving notice before you plan to enter their home.
  • Collect rent in an organized fashion. If you want your tenants to pay their rent on time, establish an easy, dependable system that they can follow.

In the final post, learn how insurance works for landlords and renters.

Learn how to become a great landlord by following these simple steps. /blog/how-to-become-a-landlord Erie Insurance https://www.erieinsurance.com/-/media/images/erieinsurance/erieinsurancelogo.png

ERIE® insurance products and services are provided by one or more of the following insurers: Erie Insurance Exchange, Erie Insurance Company, Erie Insurance Property & Casualty Company, Flagship City Insurance Company and Erie Family Life Insurance Company (home offices: Erie, Pennsylvania) or Erie Insurance Company of New York (home office: Rochester, New York).  The companies within the Erie Insurance Group are not licensed to operate in all states. Refer to the company licensure and states of operation information.


The insurance products and rates, if applicable, described in this blog are in effect as of July 2014 and may be changed at any time. 


Insurance products are subject to terms, conditions and exclusions not described in this blog. The policy contains the specific details of the coverages, terms, conditions and exclusions. 


The insurance products and services described in this blog are not offered in all states.  ERIE life insurance and annuity products are not available in New York.  ERIE Medicare supplement products are not available in the District of Columbia, New York and Wisconsin.  ERIE long term care products are not available in the District of Columbia and New York. 


Eligibility will be determined at the time of application based upon applicable underwriting guidelines and rules in effect at that time.


Your ERIE agent can offer you practical guidance and answer questions you may have before you buy.