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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.

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Q	Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common?
A	Lender in these states must pay interest on funds held in escrow accounts.
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Henri and Jeri Gutner, REALTOR®, real estate agents and broker for Doylestown, Buckingham and New Hope, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Henri and Jeri Gutner
Keller Williams Real Estate
2003 South Easton Road, Suite 108
Doylestown, PA 18901
Phone: 215-345-5454
henrigutner@NUMBER1EXPERT.com

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