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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	What are the three most common environmental toxins for which homes are tested?
A	Mold, asbestos, and lead are tested by specialized inspectors as a regular part of many real estate contracts.
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The Mill Pond Realty Team, REALTORŽ, real estate agents and broker for Saugatuck, Allegan County and Holland Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Laura J. Durham GRI, CRS, CBA
Mill Pond Realty Inc.
747 Water Street
P.O. Box 1093
Saugatuck, MI. 49453
269-857-1477
616-836-0113
Fax: 269-857-6155
Email: millpondrealty@NUMBER1EXPERT.com
As the founder and owner of Mill Pond Realty, Laura Durham prides herself and company in offering award winning services. Smart Money Magazine, published by the Wall Street Journal, Business Week and Where to Retire, chose Mill Pond Realty and Laura Durham as The Best Choice when considering an investment in the greater Saugatuck-Douglas area. Laura has earned the designations of GRI, CRS and CBA. Currently, Laura is the Chairperson of the all important Grievance Committee a job she performs very well. Her community involvement has been extensive an active member of the Holland Chamber of Commerce, Saugatucks Sparkle Lighting Member, two local churches, a participating member of the Convention and Visitors Bureau, the Saugatuck area Business Association, past director for Heritage Home, Habitat for Humanity, Arts Councils, St. Jude Research Hospital, American Cancer Society, Special Olympics, Hospice and more. Laura is an accomplished Broker Licensed since 1982 ... Local experience and Knowledge make all the difference.

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