Property Investors Can Profit From Being Nice

Being nice to your bank manager, your tenants and your neighbours costs you nothing and it can be well worth it in the long run. Having a good relationship with your lender means you are more likely to be told about any special deals or savings on fees and charges while you are building your property portfolio. Being nice to your tenants, by taking care of maintenance and repairs and being open to requests for improvements or pets, means they will feel valued and be more likely to pay their rent on time and stick around longer. And finally, being nice to your property’s neighbours means you are more likely to hear about any problems with your tenants before they become major issues. By being nice and befriending these few key people, you are ensuring your property investment remains profitable and that there are no disruptions to your income stream.

 

Source:http://www.news.com.au/realestate/investing/how-to-profit-from-property-be-nice/story-fndbarft-1226459940819

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