March 16, 2018

How to Have a Good Relationship with your Landlord

If you are a business owner that has been seeking industrial space for rent or commercial property for rent and you finally find the perfect property, it may feel like a giant weight has been lifted off of your shoulders. There are so many factors in today’s commercial real estate market that probably influenced your decision.

One thing that many people overlook when selecting industrial space for rent is their future landlord. It’s important to consider the fact that your landlord will be a part of your life throughout the duration of your lease. Dealing with landlords is mandatory when renting commercial property or industrial space. We have prepared a guide below for helping you have the best relationship possible with your landlord in hopes that it will make your life easier and allow you to focus on growing your business.

Understand your Lease

This might seem rudimentary, but reading the lease can go a long way towards avoiding conflicts with your landlord. You should always read the entire lease prior to signing any contract. Taking it a step further and really making an effort to understand the lease will definitely help ensure that you are on the same page as your landlord. You can guarantee that he or she knows the ins and outs of the lease.

Pay on Time (or Early)

Paying rent on time is another crucial aspect of having a good relationship with your landlord. If they have to reach out to you and ask for rent, you could be losing trust and respect from your landlord. This can have a lasting impact and even influence the terms of any renewals. Also, paying early is a small gesture that will surely mean a lot to any landlord.

Communicate Clearly

Often times, the main reasons for having issues with a landlord come from a simple lack of communication. If you are proactive in communicating with your landlord and developing a professional relationship with them, you can avoid lots of time-consuming issues and disputes. A little effort goes a long way here.

After you find the perfect commercial property for rent or industrial space for rent, remember the importance of maintaining a good relationship with your landlord. Understanding your lease can go a long way towards making sure you and your landlord are on the same page. Paying rent on time, or even paying early, will certainly help you and your landlord stay on good terms. Finally, communicating clearly with your landlord will help you connect and develop a great professional relationship. Remember, any and all issues you have with the property will go through your landlord!

If you need assistance finding the perfect industrial space for rent, call Rakow Group now at (914) 758-0220.