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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.
The Keegan Group Ebby Halliday Realtors 2604 Ridge Road Rockwall, Texas 75087 469-964-8572 972-380-3361 Fax: 972-772-6127 MichaelKeegan@Number1Expert.com
Michael's 20 years of client service and customer satisfaction have allowed him and his team to be ranked as one of the top 1% real estate groups in the nation. The Keegan Group specializes in North Dallas, Highland Park, University Park, Plano, Frisco, Richardson, Allen, Mckinney and the Lake Ray Hubbard communities of Rockwall and Rowlett.
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