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...]
Landlord Tips and Property Management Insights | Monthly Newsletter
These monthly newsletters share practical tips, market insights, and property management guidance for landlords and property owners. Created by a Colorado property management company, they help rental owners improve operations, avoid common mistakes, and protect long-term investment value.
The Challenges of Security Deposit Returns
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...]
Property Management Takes Teamwork
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...]
The True Cost of a Home Warranty
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...]
Does Your Rental Property Need a Tune Up?
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...]
CO Detectors: Unintentional deaths come with high costs
Colorado Realty and Property Management, Inc. (Coloradorpm) staff members recently attended the Southwest Regional Conference for the National Association of Residential Property Managers. This was an intensive, week-long event aimed at continuing education in our field, with speakers and roundtable "break out" sessions on specific topics. One of the hottest topics at the Conference focused on … [Continue reading...]
