Informing tenants of new ownership
What are some ways you all inform tenants (probably considered class C rental) of new ownership? We just got our very first apartment complex and all units are currently rented.
Most Popular Reply
We just confronted this issue taking on 23 doors. We started with a letter to each tenant, letting them know a new company would be managing their home. Then we reached out to each tenant individually after the letters hit. This way, the tenants weren't broadsided with a phone call.
We also set a definitive date as to when the new property management company would take over.
Congrats on the apartment complex!