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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 
What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?

A 
Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.
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Steve Lichen and the Lichen Team, REALTORŪ, real estate agents and broker for Conifer, Evergreen and Denver Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

Steve Lichen and the Lichen Team
Keller Williams Foothills Realty

27132 Main Street, Suite 200
Conifer, CO 80433
Steve Lichen - Direct: 303-881-9728
Mary Knudsen - Direct: 303-887-0683
Janet Velline - Direct: 303-810-1502
Allison Jansson - Direct: 303-829-8085
E-Fax: 1-866-859-5881
stevelichen@NUMBER1EXPERT.com

When you want action, you want The Lichen Team. They work hard for their clients. Their clients' goals are their goals. Their clients' needs are their needs. As a result, they persevere. They deliver! Drawing from years of experience and private research, Steve Lichen & The Lichen Team have developed a unique system that benefit their clients, either buyers or sellers.

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Keller Williams Foothills Realty real estate and homes for sale in Conifer, Evergreen and Denver Colorado

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