Thanks everyone so far for the awesome tips!
@Noah Laker
Yikes! Sorry that happened. What did you do about the guest that would refuse to take the trash to the curb? It might be easy enough to put it out yourself, but what if this were a property you weren't living in?
And yes, I'll definitely keep you updated, and let you know when I'm ready to buy the next one!
@Julien Jeannot
Could you provide some examples of penalties you would implement?
@Andrew Bosco
"Come up with positive incentives. Negative ones breed bad results."
I love this advice! And yes, I plan to section off the fridge and cabinets for each tenant, but now I might take it even further, and buy different colored plates, bowls, and cups for each tenant. My thought process is that this could incentivize tenants to not leave their dishes out, and also prevents tenants from not having their own set of dishes in case the other two somehow use them all (and don't clean). Is this a good idea?
@Laura Shinkle
What are some examples of set standards? Do you mean like acceptable credit score, required income, etc?
@Matthew Paul
Haha thank you for the reality check and words of wisdom
@Joey Banasihan
Thank you for the very actionable questions I didn't even think to ask.
As for an SOP for receiving and facilitating complaints, do you mean like specifying a time range of when complaints will get handled, communication through what platform, and what resources to be directing them to (I've heard of other landlords giving tenants access to their handymen/cleaners)?
Thanks for the encouragement!
Last, but not least!
@Ryan Thomson
Thanks for your kind words, I'll keep them in mind when I'm servicing my future tenants.
For your kitchen, rather than completely sectioning off your fridge, what would the common shelf be used for?
I love the fun negative consequence of having to buy everyone a beer. In your experience, have people abided by the whole "buying everyone a beer" and/or "Doing everyone's chores for the week", and if they didn't, how did you handle that?
As for bathrooms, I'm working to have each bedroom have their own designated bathroom, where the downstairs bathroom will belong to the downstairs bedroom, but be available for guests and the like.
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Also, weird question, but do you guys offer bidets in your bathrooms? It's kind of something I need in my bathroom nowadays haha, but I haven't seen many apartments or landlords that offer it.