Date:_______________________________

To: _________________________________
_____________________________________
_____________________________________

From: _______________________________
_____________________________________
_____________________________________

The property where you live has changed ownership. We do not want you to get apprehensive, as sometimes occur when a changeover takes place. So we would like to take this opportunity to review/outline your current rental payments, your security deposit, and our rental policies.

It is our understanding that your rent is $___________ per month and that it is due on the ___________ of each month. Payments should be mailed/delivered to the following address ____________________________________________. A loss of rental discount of $___________ occurs, or a late fee of $___________ is added, to your rent payment received after the ___________ of the month. We are holding a security deposit of $___________.

We would like to schedule a mutually acceptable time to meet you and discuss if you have one important concern that needs to be addressed at this time and to advise you in detail of our rental policies. You can call us at ______________________ between ___________ and ___________. In regard to maintenance requests, whenever possible call before noon and early in the week prior to the weekend. Should you reach our answering service, leave your name, address, and nature of your request.

Enclosed are self addressed payment envelopes for your convenience. Payments should be made by check. There is a $______ fee for returned checks. We offer residents a "worry free" option of paying rent so that you never have to worry about a late charge (a bonus rental gift if given to all residents who sign up for a worry free payment plan). We will discuss and offer this option to you when we meet. We look forward to meeting you. Our calendar has the following dates and times available to meet. ______________________ or ______________________. Please call and let us know which day is better for you. Our number again is ______________________.

Sincerely,

Owner/Manager

This letter was adapted from the book, How To Get Rich In Real Estate Without Leaving Your Job, available in the Wealthbuilding section of our website catalog.