What it means to be a 21st century landlord.

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Being a 21st century landlord starts before you even have a signed lease.

Ad Quality

We live in a time where people want access to things instantaneously. In a time where 2-day shipping now seems like too long to wait, no one wants to have to schedule a showing just to even SEE what the property looks like. Having the photos clear, well lit, and with minimal clutter can make the space look welcoming and ready to be lived in. Having good quality photos will pull prospective tenant’s interest right off the bat. 

 

Online Rent Collection

While one of the most important aspects of being a landlord is getting a quality renter to sign a lease for one of your properties, that really is only the beginning. There are so many resources out there that not only make a landlord’s life easier with managing their properties, but also your tenant’s life easier. Services like PayPal and Venmo allow renters to pay their rent through an app. This makes it easier, and smoother to make sure that rent is on time and keep track of the payments you’re receiving. 

 

Communication

Establishing a preferred form of communication with your tenants can prevent frustration for both parties. If you hardly ever check your voicemail, having your tenants text you with questions/ issues need to be established as the most effective way to be in touch with you. Having days in between your responses is only going to drive a wedge between you and your tenant and create frustration and/or resentment. Modern technology has groomed people to expect response fast, so it’s best to be on the same page with what that looks like and set realistic expectations for both parties. That could mean the difference between a lease renewal, and an unhappy tenant.