A LANDLORD’S GUIDE FOR CULTIVATING PROFITABLE TENANTS

By Walter S Frank & Sylvia Friedman.

Copyright © 1988  TXU 237-877. ISBN 0-96l9554-O-6. This “book” or any part thereof may not be reproduced without the permission of the authors. Published by: FRONTIER, Seattle, WA 98101.. Revised by the authors for the WEB, 2000.

PREFACE:

For the writing of this book we have relied on fifty-four combined years of managing our own residential properties as well as the real estate of others. In the interim we have served respectively as editor and secretary for a Rental Association and have listened to hundreds of landlords across the United States and Canada. Landlord Tenant relations, we have learned, can be very demoralizing to the uninformed.

We found the landlord’s biggest concern is not managing and maintaining their rental properties, but handling the people who live in them. Most landlords will admit privately that one-third of their tenants leave much to be desired. When we purchased our first rental properties and started dealing with tenants, our experiences were the same. We spent many years chasing the rent and trying to keep tenants in line, then spent weeks cleaning up the mess and the bills many left behind.

Today, less than one in ten of our tenants create any difficulties, and serious rent payment problems are almost non-existent. The overwhelming majority of our tenants also leave their rentals clean and undamaged when they move.

The reason for our lack of problems is our method of dealing with tenants. We handle them the same as one would handle a planting for his house or garden. If one spends a little time selecting and cultivating, few problems and great bounty follow. As anyone with a green thumb knows, however, there are always a few plantings that go astray. They must be brought under control quickly or pulled up by the roots and discarded. Some tenants must be dealt with in a similar manner.

Whether you have a single home or a multiplex for rent, the contents of this book will provide many easily adaptable methods for attracting, choosing and dealing with tenants. Furthermore, you will gain a understanding of how today’s landlord/tenant relations have come about and an understanding of the landlord’s ignored and overlooked rights. With this knowledge you will not only reduce present or future problems, but add to your profitability. That is why you are in the business.

The first part of this guide is devoted to attracting profitable tenants, the second part to transplanting them, the third part to nurturing them and a small fourth part to uprooting any possible bad seeds.

CONTENTS

PART ONE. ATTRACTING TENANTS

ONE. HOW TENANTS FIND HOUSING
Driving-by
Recommendations
Newspaper Advertisements
Other
Summary

TWO. WHAT TENANTS WANT IN HOUSING
Location
Curb Appeal
Number of Bedrooms
Price
Neighbors
Interior of Rental
Other
Summary

THREE. WHY TENANTS CHOOSE HOUSING
They Can’t Have Everything
Telephone Impressions
Sensible Appointments
Rental’s Features
Summary

PART TWO. TRANSPLANTING TENANTS

FOUR. INSPECTING POTENTIAL TENANTS
“Types” of Tenants
Perception
Listening
Looking
Applications
Application Example
Summary

FIVE. REFUSING POTENTIAL TENANTS
Your Rights
Twenty-five Reasons For Refusing Tenants
Unlawful Detainer Registers
Retaliatory “Law Suits”
Summary

PART TWO B
SIX. ACCEPTING TENANTS
Choosing
Security Deposits
Ten Parts of a Lease
Quick Leases
Amended HUD Lease (& link to HUD)
Condition Report Example
One Condition Report
Summary

SEVEN. WHAT TENANTS DON’T LIKE
“Bad” Neighbors
Large Rent increases
Unfulfilled Promises
Uninvited Visitors
Summary

PART THREE. NURTURING TENANTS

EIGHT. DEALING WITH TENANTS
New Myths and the Landlord
Rent Payments
Asking Tenant to Conform
Tenant Versus Neighbors
Tenant’s Children & Company
Unauthorized Roommates
Tenant’s Spouse
Tenant Wants Something
Tenant Crime
Summary

NINE. WHY TENANTS MOVE
Upward Mobility
Outgrow Space
Partnership Related
Job Related
Superficial change
Cheaper Rent
Neighbors
Other
Summary

TEN. THE VACATING TENANT
How Long They Stay
Notices
Deadlines
Normal Wear and Tear
Cleanliness
Damages
Withholding Security Deposits
Summary

PART FOUR. UPROOTING TENANTS

ELEVEN. EVICTING THE TENANT
Preliminaries
Bluff? Bribe? or Intimidate?
Unlawful Detainer Actions
The Hearing
Summary

Top of Page

This “book” is a guide designed to provide accurate and authoritative information.  It is sold with the understanding that neither the publishers nor the authors are engaged in rendering legal advice. Because of various state and local laws, detailed legal research, or expert assistance may be required in determining the exact laws of your locality. If legal advice or other expert assistance is required, the services of a competent professional should be sought.

Contact: frburba-gmail.com (due to auto-generated spam, you supply the @ in place of the -).