by Rachel Crook
Landlords who communicate well with tenants are more likely to be successful, the Residential Landlords Association (RLA) has commented.
Chairman of the RLA Alan Ward said such skills could prove to be crucial for investors in rental property in a number of ways, such as in identifying who the reliable tenants are and establishing good communication with them.
This second skill may be very useful if the occupant runs into problems that jeopardise their ability to pay the rent, he noted.
Comparing the importance of such skills with adding extras to homes, he added: "Goodies like broadband or Sky are less important than a well-presented, fairly-priced property, but they can be valuable as a differentiator in a competitive market."
Those needing legal advice on managing tenancies can avoid using lawyers by picking up a pack with information on what they need to know.
A recent National Landlords Association poll showed that female landlords are a group showing keenness to expand their portfolios, with 62 per cent saying in a poll last month that they plan to do this inside the next year.
Published on: May 1, 2009