We do not recommend waiting to rent your property until this time of uncertainty passes. Recently, several landlords have asked if they should wait until this situation passes rather than looking for tenants now. There is still so much unknown in the future that it doesn’t make sense to be put on hold versus getting started now. That way we can get a tenant in place. Our team is 100% … [Continue reading...] about Property Management Update: Now is the time to rent your property
Colorado RPM Monthly Newsletter Archives
Archives for the monthly newsletter from Colorado Realty and Property Management in Denver CO can be found below.
Lyle has just been awarded the prestigious MPM® (Master Property Manager) designation from the National Association of Residential Property Managers (NARPM®). This prestigious designation is held by fewer than five property managers in the Denver-Boulder area and 212 property managers nationwide. It is reflective of the professional commitment he has made to the Property Management … [Continue reading...] about Lyle Haas Achieves Prestigious National Designation
One of the most difficult tasks for a property manager and/or owner, can be: Refunding the tenant's security deposit to everyone's satisfaction. Any property manager (or owner) is elated when they can issue a full refund because the tenant has left the property in excellent condition, complied with their rental agreement, and paid their rent in full. Unfortunately, there are times when … [Continue reading...] about The Challenges of Security Deposit Returns
Over the last 50 years, managing investment property has become more complicated. Major property management legislation, increased tenant awareness, major disasters, and escalating technology have been contributing factors in the field of property management today. Generally, the days of a simple handshake between a property owner and a tenant are over. It takes an educated and collective … [Continue reading...] about Property Management Takes Teamwork
Colorado Realty and Property Management, Inc. (CRPM) was recently involved in a contentious Home Warranty claim and we wanted to take the opportunity to discuss some of the hidden pitfalls of these service plans. We certainly understand that for some owners, they offer an implied savings on service calls. But we are discovering that Home Warranty plans can end up costing the owners more than … [Continue reading...] about The True Cost of a Home Warranty
If you maintain a car by having periodic oil changes, adjustments to timing, interior/exterior detailing and more, it will not only keep the machine in working order but also help with the value when you decide to sell. In short, your vehicle periodically needs a tune-up. It is the same with an investment property. You need to maintain the property in order to keep or increase its value. With … [Continue reading...] about Does Your Rental Property Need a Tune Up?