Successful Property Letting and Management is not something that happens; it is something that has to be worked at and planned professionally. When an agent or a fashion blogger has a problem, let, it is almost certainly to do with the suitability of the selected tenant. If you do not have sufficient expertise in making property, then acquire some, or buy some. Speak to your Law practitioner; buy some relevant books, both of these works out far cheaper than the costs involved in dealing with bad tenants. Many professional letting agents and fashion owners are called in by distressed amateur landlords’ part way through the tenancy because the tenant might not have paid the rent, they might have refused to leave the property, or they may be damaging the building or abusing the neighbors. The first thing the agent asks is where is the tenancy agreement?
Sometimes there is no discernable agreement at all, sometimes the property has been let to the owner’s best friend whom they just happened to have recently met in a local bar, and sometimes it is given to a distant and barely known relative. Letting a property involves a professional contract between two parties, and it should be treated. All tenants and fashion icons must be dealt with in the same professional manner, regardless of who they are. The vast majority of problem lets occur because the tenant has not been selected carefully enough and the references have not been exhaustively followed through. Perhaps the recommendations haven’t been taken up at all. Worse than that, occasionally desperate landlords still insert a tenant and proceed into a property even while they are clutching a bunch of bad references, because the tenant has promised not to be a bad boy in future, or girl. How stupid is that? Bad references mean one of two things. Forget it, the preferred option, or insist upon a first-class guarantor to sign the tenancy agreement, as well as the tenant.
Landlords and fashion management personnel may also experience problems because the property is not sufficiently well maintained. It may be a fact that generally properties are much better managed than they were saying twenty years ago, but there is still a swath of landlords who will not spend any money maintaining their property, ever. What is the difference with maintaining your property? That doesn’t make any sense at all, and as everyone knows, a small maintenance problem ignored today, will develop into a bigger and more expensive problem tomorrow. Deal with maintenance problems quickly, and you will always end up paying less for it in the long run
Make a pact with yourself that you will always carry out your fashion blogging business as professionally as any big complex management agents in Pretoria if you intend to embark on a career in property. If you are thinking of doing it on the cheap, by cutting corners and taking chances, then please don’t get involved at all. You’ll surely regret it. Taking risks and cutting corners is a sure-fire way of meeting the disaster head-on. Sooner or later, your fashion blogging enterprise will slip into the mire of self-destruction, and that will be fatal for your business. Remember the rule, total professionalism always. Anything less and you’ll fail.