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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 longest spiral staircase?

A 
The White County Coal Mine in Carmi, Illinois has a spiral staircase that measures 1,103 feet and has 1,520 steps.
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Sheri Foley Allen, REALTOR®, real estate agent and broker for Woodbridge, Manassas, Dumfries, Alexandria, Arlington, Fairfax, Reston and Vienna, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Sheri Foley Allen
Weichert Realtors

12479 Dillingham Square
Woodbridge, VA 22192
703-508-7386
Fax: 703-897-4770
sherifoleyallen@NUMBER1EXPERT.com

Sheri Foley Allen has been a licensed Real Estate Agent since 1993. She has been "Top Producer" 1995-2007 for the Prince William Association of Realtors. Sheri Foley Allen takes great pride in providing honesty, integrity, great service and results.

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