Landlord/Tenant Expectations

beachhouseI have handled vacation rentals in Avalon and Stone Harbor NJ for over 30 years- working for Diller & Fisher, Avalon Real Estate, and for the past 10 years, Power Play Realty.

In addition- I’ve had personal experience as a landlord of summer rental properties; and a tenant on numerous occasions for our family vacations.

So…I can definitely understand both sides of the landlord/tenant expectations dilemma.

Times have changed: today’s tenants are the “Pottery Barn” generation.  They want new and attractive, and at least the same amenities found in their primary home.  Internet access is expected- as are multiple flat screen TV sets.  Oh, and a pool would be nice 🙂

Rental properties need to be well equipped- even if you don’t cook at the shore, your tenants may want to entertain. Some owners provide a linen service for each rental.  This is the norm in other vacation areas, and a smart way to remain competitive.

For landlords, there can be frustration with wear and tear.  Sand in the tub…soda on the rug…marks on the walls.  All very frustrating to the conscientious property owner.

When showing sale properties during the rental change over, I often see this carelessness first hand.  It’s discouraging…and I don’t even own the home.  Thank goodness the cleaning service arrives to make it right!

Bottom line: a rental property is a business- with an ever changing business model.  The needs of the consumer dictate the success of your season.

Strategies to keep the property in good condition (cleaning supplies, cutting boards, washable slip covers, throw rugs by the doors, etc.) are important.  Look at your home objectively: items that are worn or faded appear dirty to a tenant.  Rusty cookie sheets or pots/pans should be tossed.  Make sure there are plenty of bowls, spoons, and coffee mugs.

And at the end of the season, plan on a major cleaning (floors, carpets, return vents, ceiling fans, deck furniture, outside shower, trash cans, all kitchen drawers and cabinets). Budget for replacing lost or damaged items.  And then enjoy YOUR time in the property!

 

 

 

This entry was posted in Life at the Shore, Seashore Real Estate. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Tim Kerr Sothebys Logo