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Investment Real Estate >The Key to Good Tenant Relations
It is important to attract and keep great tenants when you own investment property. A good way to begin a positive tenant/landlord relationship is with clear communication about what you expect from your tenants and what they can expect from you.
The written lease agreement spells out the legal obligations of each party. The landlord must ensure that the property is habitable and complies with local codes, and the tenant must pay the rent in a timely manner and not damage the property. Make sure that the terms of the agreement are stated clearly in straightforward language.
Let the tenants know of your commitment to keep the property in good repair and of your desire to know about maintenance problems before they become serious. When it's time for the tenants to move, offer to provide a reference letter if they need one. This is a nice way to say "thank you" to them for having maintained the property during the terms of their lease. Good communication can help you to maintain the quality of your investment.
David & Victoria of The Mendenhall Home Team Keller Williams Realty Integrity Group 8305 SW Creekside Place Beaverton, OR. 97008 Office Direct: 503.694.5923 David Direct: 503-730-0150 Victoria Direct: 503-730-7320 Fax: 503-694-5219 David's Email: Mendenhalls@PortlandJustListed.com Victoria's Email: Victoria@Mendenhalls.com
What separates excellent Realtors from average Realtors? It is core values that support and carry out each promise and proposed action. Without these, promises and actions have little value.
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