Please don’t go! With happier tenants overall, your turnover rates will be lower than the average in Fort Myers, and your income will be steady and reliable, making you a happy landlord. And once you have gone through the trouble of a thorough screening process and have located exceptional tenants, you simply will not want them to leave. These tenants pay their rent promptly, keep open communication lines, and are generally agreeable; these tenants don’t cause waves with other renters. As a bonus, typically, good tenants care for rental properties as if they were their own.
If you know a good thing when you have found one, you will understand why landlords desire good tenants and do what it takes to keep them. To this end, there are tried and true steps landlords can take to sweeten the deal for desirable tenants and entice them to extend their lease and become long-term renters. Read on as we explore five things you can do to keep good tenants in Fort Myers.
Accommodations
In a competitive rental market like Fort Myers, keeping good tenants happy is key. One way to do this is by streamlining the rent payment process. By offering online rent payment options that leverage the latest technologies, you’re making life a little easier for your tenants. This could involve utilizing online payment portals or integrating with their existing bank accounts for automatic transfers. This not only saves them the hassle of checks or money orders, but also reduces the risk of lost payments and late fees.
Furthermore, consider implementing a reward system to incentivize on-time payments. People are naturally motivated by positive reinforcement, and offering perks like gift cards to local restaurants for timely rent payments can go a long way. This not only encourages responsible financial behavior from your tenants, but also fosters a sense of goodwill and strengthens the tenant-landlord relationship. It’s a win-win situation for everyone involved.
Maintenance
Creating an environment that fosters satisfaction among tenants is key to retaining them in any market. In Fort Myers, this is no different. By adhering to consistent maintenance practices, you can significantly improve your chances of keeping tenants happy and renewing their leases. These practices encompass various aspects that contribute to a tenant’s overall experience.
Security is a major concern for many renters. Well-maintained buildings with proper lighting in parking areas and common spaces go a long way in making tenants feel safe. Keeping shrubbery trimmed and away from building entrances and windows further enhances security by eliminating potential hiding places. But security is just one piece of the puzzle. By providing tenants with attractive landscaping and well-planned green spaces, you can create a more inviting atmosphere that they’ll appreciate. This can include features like walking paths, seating areas, or even a community garden. These amenities not only promote a sense of community but also provide tenants with a space to relax and unwind outside their units.
Be There
As with any relationship, a frequent and reliable presence of management on-site is something you can do to keep good tenants in Fort Myers. As their landlord, your tenants need to know you will be there when they need you. It is beneficial to set boundaries in your rental agreements regarding when to call to avoid misunderstandings. For example, you do not want to be contacted at 3 a.m. because a lightbulb is out, but you also don’t want your tenants to learn that you will ignore their problems altogether if they call.
Flexibility
Finally, while you do not want to make a habit of accepting late rent payments, another thing you can do to keep good tenants in Fort Myers is to remain flexible. If a good tenant comes to you with a temporary issue, be more than willing to work with them, and your tenant will repay you with even greater loyalty.
Core Real Estate Properties
The best thing you can do to keep good tenants in Fort Myers is to work with Core Real Estate Properties. Happy tenants equal low turnovers and happy landlords; let Core Real Estate Properties make it easy. At Core Real Estate Properties, we will work with you and manage your property your way, taking on as much or as little of the responsibilities as you like. The professional property managers at Core Real Estate Properties know how to screen for good tenants. From there, the experienced pros at Core Real Estate Properties keep on top of property maintenance and build a day-to-day working relationship with your tenants and your vendors; keeping everyone happy is the number one goal of the team at Core Real Estate Properties, including you! Contact Core Real Estate Properties at 239-360-3176.