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Updated about 4 years ago on . Most recent reply

User Stats

447
Posts
63
Votes
Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
63
Votes |
447
Posts

Be friends with your tenants?

Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
Posted

Hello,

I have a general question on how the relationship between a landlord and tenants needs to be especially in a owner occupied multi-family scenario.

The neighborhood I live in is well suited for families with young children as it is in a good school area and nice parks. Most tenants I have had so far wish to socialize with us and hang out during weekends.

While we do enjoy socializing it’s not a necessity and oblige during occasional weekends. I have couple of questions Firstly is It normal for landlords to be friends with tenants? secondly how to politely say no

to socializing with out disrupting the business relationship?appreciate your inputs.

Thanks

Most Popular Reply

User Stats

299
Posts
299
Votes
Mack Benson
Pro Member
  • Rental Property Investor
  • Woodbury, MN
299
Votes |
299
Posts
Mack Benson
Pro Member
  • Rental Property Investor
  • Woodbury, MN
Replied

I hate to say it but these days you could always play the covid card... that's not going to be a long term solution so next would be to keep it as a business relationship. I take the tenant landlord relationship similar to the manager employee relationship. Friendly is okay, friends is not. I think being friendly is a necessity but being friends is absolutely not. Be respectful but let them know you would like to keep it business. You could also do our famous midwest thing and be passive aggressive by just declining every time without explaining your preferred nature of the relationship. In this case, if you prefer to not socialize I think honesty is the best policy. You are not comfortable socializing with the tenants for reason xyz. 

  • Mack Benson
  • Loading replies...