The Fisher

The Real Link between money spent on investment property and the return on that investment is the tenants who occupy the property. The property was purchased because it was income producing property. Property that’s already occupied has the greatest potential to be profitable. Keeping the current tenants is important. There are basic steps that new property owners must take to properly manage existing tenants in newly acquired investment property.  As the new property owner, you must learn who the tenants are and the terms of their lease. You can learn a lot about the property by reviewing the lease agreements. Just as important as it is for owners to know who the tenants are, the tenants need to know who the new owner is and what to expect. Both the property owner and the tenants have an investment in the property. The property owner expects to receive an income. The tenants’ vested interest involves the enjoyment and security they receive from renting the property. The new