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Updated over 8 years ago on . Most recent reply
Landlord introduction
I am waiting to close on a fourplex and need some advice on how to introduce myself as the new landlord. This is an FHA where I will owner occupy one unit and already have three tenants currently residing there. Some of my ideas are below. Can anyone else provide some caveats or suggestions?
-Knock on doors to introduce myself and provide contact information.
-Leave notice on door that I am the new landlord with my contact information.
Most Popular Reply
Here is a sample of the letters I send to tenants who are renting properties which I purchase. Not saying it's THE WAY........just A WAY. I would not have a BBQ....just me. While I truly care about my tenant and want to have a good relationship with them, I do not necessarily want to be their friends (and they don't want to be mine).
Dear Resident,
The purpose of this letter is to inform you that we have purchased the property that you currently lease.
If you have a current and valid lease, it will remain in effect through its normal expiration. If your lease has expired, you may continue to live in your apartment on a month-to-month basis until October 31st. Beginning November 1, 20XX, you must have a current signed lease or vacate the apartment. We will give you a copy of the new lease for your review and signature by October 1, 20XX. If you do not intend to renew your lease you are reminded of the requirement to provide a 30 day notice to this effect.
Please note the new address and phone number of your contact for rent payment, repairs and any other questions or concerns you have with your home:
XXXX XXXXXXXXXX
XXX XXXXXX
XXXX, XX XXXXX
(XXX) XXX-XXXX
Effective immediately, this is the new address and contact information for your monthly rent payments.
Over the next month there will be quite a bit of activity around the property as some repairs and improvements are made. It may be a little inconvenient but in the long run it will make things much better. We will work hard to make sure there is as little disruption to you as possible. Along these lines, if any of the items behind the house and garage belong to you, please move them inside your garage or basement storage room by August 1st 20XX. After that time the items will be disposed of.
We look forward to getting to know you and hope that you will choose to continue to live at XXXX XXXXXX Street. We are committed to ensuring that the building is a safe and comfortable home for all residents. Thank you for your cooperation in this regard.
Respectfully,