Image courtesy of Tom
I received an interesting call from my tenant yesterday. Usually, I hardly ever hear from her unless there is some major repair needed at my rental property. In the last six months, I can count on one hand, the number of times she has called me. If there are any minor repairs needed, she will take care of them on her own.
If you don't remember, this tenant has been renting from me for almost three years. The house she is living in was the first house I bought. I lived in it for two years and then bought another house. My first house I decided to keep as a rental.
I took a huge chance when I rented my house to her. She was very upfront and honest with me. She told me her credit sucked but she knows she has to have a place to live and will always pay her rent on time. I took her at her word and I am proud to say that in almost three years of having her as a tenant, she has never been late and she has never had a bounced check. For someone just starting out as a landlord and not taking all of the necessary precautions before renting the property, I've been very fortunate.
I called her a few weeks ago just to check and see how things were going since I had not talked to her in awhile. In the conversation, I happened to mention that I was looking for additional properties to purchase.
Apparently, she's mentioned to her friends about how happy she is having me as a landlord. She called me today to let me know that two of her friends wanted to know if I had bought any additional properties because they would be very interested in renting from me. They are both having problems with their current landlord not taking care of needed repairs in a timely matter. One of them also told her to tell me that if my current tenant decided to move at the end of her lease (July 2009), she will gladly take her place.
This call made me feel really good. I always said that I would treat my tenants the way I would want to be treated if I were renting a property from somone. I always try to be responsive to my tenant and make sure all repairs are done quickly and the property is kept in good condition. If I show my tenants the proper respect, hopefully they will respect my property and want to be a good tenant.
I'm keeping my fingers crossed. If my current tenant decides to move out, I hope I can find another tenant just like her!