Monday, March 24, 2014

Landlord Monday: Better Tenant Relations

How a landlord relates to tenants can have a profound effect on the profitability of the business.  On the one hand, you don't want to roll over and cater to unreasonable tenant demands if it costs money.  On the other hand, you should always treat your tenants with respect and listen to what they say openly.

Chris Clothier, who manages properties in Memphis, has some thoughts on the subject.

Personally, I have been guilty in the past of being too quick to roll over for tenants.  Some of them have taken advantage of that.  Although I still try to be understanding and treat people with the benefit of the doubt, I also do not give people the same long leash to take advantage of.