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Real Estate Tips
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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Real Estate Trivia
Q 
Where is the world's largest mud building?

A 
The Grand Mosque in west Africa measures 328 feet long and 131 feet wide, and has been carefully maintained for centuries by local craftsmen, especially during the rainy season.
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Paddy Coan, REALTOR®, real estate agent and broker for Wasilla, Palmer and Anchorage, Alaska home listings, property and land for sale - NUMBER1EXPERT

Paddy Coan
Prudential Jack White Vista Real Estate

865 N Seward Meridian Parkway, Suite 200
Wasilla, AK 99654
907 355 4209
Fax: 907 352 1890
paddycoan@NUMBER1EXPERT.com

CRS SRES GRI REALTOR


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