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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	Which law allows a person to give another individual up to $10,000 a year without any tax consequences?
A	The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year.
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FEATURED PROPERTY

Rare Intown lots
Excellent area, 2 blocks off Trenholm, great in-town lots, 3 others available, discount for multiple purchase, schools to be verified. Final address to be issued by city, adjacent home zoned for schools listed.
Location: Intown
Price: $130,000
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David Hyatt, Home Loan Expert, Midland Mortgage
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Jill Moylan, REALTORŽ, real estate agent and broker for Columbia South Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Jill Moylan
Home Advantage Realty
2615 Devine Street
Columbia, SC 29205
Cell: 803-608-4663
Fax: 803-787-1773
Email: jimoylan@sc.rr.com
Jill Moylan began Home Advantage Realty more than a decade ago after recognizing a need for more personalized and responsive service in the Columbia, SC real estate industry. Since that time, she and her associates have provided high quality, professional service by limiting the number of clients served at any one time. Jill's priority is understanding your priorities. There's a better way to buy a home than spending hours in a car and on the internet. Call Jill today. Experienced. Personalized. Professional. Since 1991.

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