Friday, March 26, 2010

Welcome Packets

Provide your tenant with information of what you expect from them is the best way to eliminate future problems. A tenant welcome packet establishes this relationship in writing making your rules clear and concise.

Include the Welcome Packet with the Lease Agreement:

1. A welcome letter establishing a professional, positive working relationship.
2. Copy of the lease agreement including all addendums and inspection forms.
3. A short concise list of rules. Develop a list of your rules that you can and will enforce.
4. An up-to-date list of area phone numbers for utility companies, phone, mail, hospitals, fire departments, and local police department.
5. Be sure to include a copy of the required Lead Paint Pamphlet with every lease on properties built on or before 1978. Be sure this item is included in your lease agreement and the tenant signs in acceptance.
6. Provide basic information about renters insurance; this item should be stated in the lease agreement and tenants should be required to acknowledge such notification.

Allow sufficient time for signing the lease and review of all paperwork including the welcome packet. Answer any questions in a pleasant yet professional manner. Following these steps will establish a stronger relationship with your tenants and a clear understanding of your expectations.

For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com

Mountain Ridge Property Management - Your Rental Home Resource

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