good tenant investment property

4 ways to keep a good tenant living in your investment property longer.

  1. Treat tenants with respect, be friendly & helpful. Remember they are helping you pay a mortgage or providing you an income.
  2. Good communication throughout the tenancy & maintain a positive relationship. Respond to their questions in a timely manner.
  3. Attend to repairs and maintenance promptly.
  4. Consider their needs and understand the points they raise from their perspective.

What happens if you don’t look after your tenant?

  • You could have tenants moving every 6 to 12 months. It can be costly finding new tenants plus you will have more vacancy so less income coming in.
  • Property may not be looked after as well as it should be and likely that more wear and tear will occur with tenants moving in & out.

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