There are property owners who are under the impression they can enter their investment property without a reason at any time or without notice because they "own" the property. Savvy investors know this actually is not the case and blatantly entering a tenant's residence can lead to costly legal situations and encourage short-term tenancy. Every landlord does have the right to enter his or her … [Continue reading...]
Property Management Articles | Denver Colorado
These articles cover single-family property management topics for real estate investors in Denver and across Colorado. Content focuses on managing rental homes, tenant relations, leasing, operations, and performance strategies that support efficient ownership and long-term investment success.
It’s Cleaner Than When I Found It
Every property manager has heard this phrase many times. If said during a property management gathering, it usually elicits laughs or groans. As a property owner, you may have experienced these words first-hand from a resident yourself. No one really wants to hear this statement from any tenant. Three scenarios can lead to this cliche. First, there are times when tenants actually do deliver … [Continue reading...]
The Tenant Is Giving Notice NOW!
This may be your first reaction if you receive a notice to vacate from a tenant with a holiday season approaching. The first thought is that no one will rent a property in November, much less December - the holiday month. There is the prevailing belief that the property cannot possibly rent until the first of the year or possibly even longer. While it is true that it can be slower during the … [Continue reading...]
Family or Friends As Tenants
Family and friends - you can love and/or admire them BUT should they become your tenants? This is a form of "nepotism, the practice of hiring family and/or friends." It has both pros and cons and it is an area where a very large "proceed with caution" sign should be posted. You may have these thoughts about the subject of friends and family for tenants. One advantage for renting to a family … [Continue reading...]
Selling A Property With A Tenant
Property owners face a tricky situation when they want to sell a property but still maintain rental income. No one likes losing rent, but keeping a tenant in the property while the property is for sale requires careful consideration. Review the Sales Market It is important to evaluate the Real Estate sales market first. Ask yourself these important questions. Is it a buyer's or seller's … [Continue reading...]
Handling Emergencies and Disasters in Property Management
Emergencies and disasters happen and in many instances, you cannot avoid them. Webster terms an emergency as "an unexpected situation that requires prompt action" and a disaster as "a grave occurrence having harmful results." Emergencies and Disasters in Property Management In the property management world, we see emergencies such as loss of heat, a gas leak, a water leak causing flooding in … [Continue reading...]
