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Working with the Current Tenants During the Transition

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If, like most rental property owners, you’re acquiring property that’s already occupied, the tenants are probably well aware of the pending ownership change. But that fact doesn’t mean that they’re excited about it. Tenants are typically full of apprehension when their residential rental unit changes ownership, not because they think you’ll be an unreasonable landlord but because of the uncertainty of change. So begin your relationship with your tenants on a positive note by following the steps I outline in the next sections.

Property Management Kit For Dummies

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