Landlord and tenant relations

Good relations start with a lead by example approach. But it’s also interesting to look at the varying characteristics of tenants and landlords.

Mutual respect speaks volumes. Asset growth and cash flow can be affected by poor landlord/tenant relations with changeover costs adding up!

The following scenarios offer some general statements, which may be worth considering based on your needs and your property.

• A professional couple or individual moving to Christchurch for a short term may not want to tend to gardens.

• A long-term tenant staying for years may seek a higher commitment of care and maintenance from their landlord.

• A home with a backyard may attract tenants with pets.

• Family-sized homes will attract families with children – potentially leading to more wear and tear on a property. • A neglected property can attract a poorer calibre of tenant with an unreliable payment history.

• It is worth thinking about the longevity of your tenant over the prospect of a higher weekly rent. A long-standing tenant who may pay less weekly rent, but maintain your home as if it were theirs, may be more valuable for those landlords who intend on returning to the property.

• Investors who own CBD apartments/townhouses may prefer a higher weekly return while leasing to students, but understand the property may require upkeep more frequently.

Ultimately, your team at Najib care about what your needs are and will advise and action accordingly.