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 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.
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 Right To Enter a Rental Property
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...]
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...]