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Home > Blog > What is a Private Landlord?
THURSDAY, JANUARY 20, 2022

What is a Private Landlord?

Are you thinking of offering your property to renters? Then you may be taking a step towards becoming a private landlord. Any individual who works outside of a management company to offer a rental unit is a private landlord. And while managed complexes can offer various luxuries and amenities, there’s not much that beats the flexible partnership a private landlord can develop with his or her renter. 

Among the factors that make renting from a private landlord attractive are the following: 

  • Private landlords can often attend to renters’ needs with a more personal touch 

  • There may be flexibility in choosing a date for rent to be paid 

  • Renters can put a face to the name of the person attending to the propertyMan next to rent sign 


Working one-on-one with your residents lends well to building trust between both parties. For instance, allowing a renter to pay the rent on a payday, as opposed to the first of the month, can be extraordinarily helpful to that person. And immediately calling a repairman when a problem arises helps maintain the property and keep the renter satisfied. 

And much like an apartment complex, it’s in your best interests as a private landlord to write out a detailed lease. Make sure you establish details with your renters such as: 

  • Rent/utilities rates and deadlines 

  • Deposits and whether or not they’re refundable 

  • Whether or not pets are allowed on premises 

  • The circumstances under which the landlord is allowed to enter the property without consent 

  • Security on the property 

  • Any available amenities and prices if they cost extra 

With a thorough understanding of expectations upfront, there’s a much greater chance for a successful partnership between you and your renters. And remember, landlord insurance is crucial for protecting your property. 

Posted 8:54 PM

Tags: landlord insurance
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