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Updated over 4 years ago,
Best Ways to Build Good Tenant Relationships as New Landlord?
Hi BP Community,
Looking at buying my very first MF very soon. It will likely have tenants, and I'm eager to build a good relationship with them. I know this is also a business, and I'm not looking to be their buddy. But I'm just curious if any experienced landlords have any tips or experiences they want to share about this. It might be especially important, since I may have to make a small rent increase, even though it will still keep the rent in a very good range compared to other similar units.
Any suggestions, advice or experience you want to share about how you handled building relationships with tenants that you inherited when buying a MF?
Thanks!