• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Colorado Realty and Property Management, Inc.

Denver Property Management | Property Management Denver | Property Management in Denver

Search Rentals
Tenant Login
Pay Rent Online
Maintenance
Owner Login


Colorado RPM Facebook  Colorado RPM twitter  Colorado RPM property management YouTube channel  Colorado RPM LinkedIn
En Español  
  Talk to a Real Person: 303‑665‑7368
To View A Property Call: 720‑619‑8886
  • Home
  • Property Management Services
    • Start Here
    • Why Choose Us?
    • En espaÑol
    • Testimonials
    • Tenant Screening
    • Free Rental Analysis
    • Owner Checklist
    • Meet Our Team
    • Value Comparison Calculator
  • Areas We Serve
    • Arvada Property Management
    • Aurora Property Management
    • Broomfield Property Management
    • Castle Pines Property Management
    • Castle Rock Property Management
    • Centennial Property Management
    • Colorado Springs Property Management
    • Denver Property Management
    • Fort Collins Property Management
    • Highlands Ranch Property Management
    • Loveland Property Management
    • Thornton Property Management
    • Westminster Property Management
    • and More
  • Landlords
    • Landlord Portal
    • Landlord Resources
    • New Property Onboarding Forms
    • Landlord FAQ
  • Testimonials
  • Real Estate
    • Jason Cassidy – Real Estate Agent in Denver, CO
    • Denver REALTOR® Referral Program
  • Tenants
    • Search Available Rentals
    • Apply Online
    • Pet Screening
    • Tenant Login
    • Tenant Resources
    • Maintenance Request
    • Pay Rent Online
    • How to use a lockbox
    • FAQ
  • News
    • Denver Property Management
    • Monthly Newsletter
    • Property Maintenance
    • Property Improvements
    • Rental Property Investing
  • About
    • About Us
    • Our Team
    • Our Promises
    • Testimonials
    • Our Pledge
    • NARPM Code of Ethics
    • Opportunities
  • Contact Us
    • Review Us
    • Feedback

Twelve Practical Steps to Protect Your Rental Investment

We want to review twelve practices that we, as your management company, continually use to protect your investment.

Twelve Practical Steps to Protect Your Rental Investment

  1. Support Fair Housing

    This is crucial to successful property management. This covers a vast area such as advertising, showings, tenant selection, equal opportunity practices for the handicapped, and much more. We always work to avoid Fair Housing complaints but should they occur, we move to settle them swiftly and efficiently.

  2. Select good tenants

    Twelve Practical Steps to Protect Your Rental InvestmentWe continually strive to improve screening practices. Choosing the right tenant is more cost effective than quickly renting to someone who will become a problem tenant, even if it means a longer vacancy.

  3. Provide reliable documentation

    Another key area to reduce risk and keep tenant problems at bay is by using comprehensive documentation. This encompasses leases, addendums, property notices, communications, etc. Setting up the right agreements in the beginning can help prevent future disputes.

  4. Maintain the physical property

    We continually work to use competent vendors to maintain your property. We probably sound like a broken record on this subject but preventative maintenance is a big key for reducing many maintenance issues. Whether small or large, it always pays to address a problem as soon as possible and resolve them before they escalate.

  5. Tackle mold issues

    Ignoring mold issues has produced some of the largest settlements against investors in the United States. We may discover that it is not toxic mold but it is better to clean up any mold before it can become a legal battle. Don’t ignore water issues.

  6. Take tenant safety seriously

    Addressing anything that could endanger tenant safety is an absolute necessity. The courts have zero tolerance for a property owner who ignores maintenance that endangers a resident. This can include unsafe electrical, flooring, plumbing, door locks, walkways, lighting, landscape, and more.

  7. Respect your tenant’s privacy

    The Uniform Residential Landlord Tenant Act (URLTA) provides for a tenant’s right to privacy. Therefore, we contact tenants in advance and serve the proper notices when necessary if we want to enter their residence. You may own the property but it is the tenant’s home and most states have specific laws to address the “right to enter.”

  8. Encourage tenant retention

    For obvious reasons, it can increase the return on investment (ROI) to keep a good tenant. There are many ways to encourage tenant retention and it pays to show residents that we appreciate them.

  9. Address security deposit issues

    Tenants do move and when they do, the security deposit can become a battleground. Although we try to avoid this, a dispute can arise. We endeavor to settle any security deposit issue as quickly as possible.

  10. Provide accurate bookkeeping records

    It is important to provide you with an accurate accounting of funds for your property at all times. When you have questions on bookkeeping, we strive to provide the answers.

  11. Update on new or pending legislation

    We cannot provide the best service if we do not keep up with legislation or rulings that affect management of your property. There are many ways to do this throughout the year, such as reading publications, attending seminars, workshops, and conferences.

  12. Continue to keep our clients informed

    Keeping you informed on what is happening with your investment is always important. We use various means to do this such as email, telephone calls, letters, bookkeeping reports, website, etc. This newsletter is a vehicle for sharing our property management knowledge and we hope you find this information useful.

Call us if you have any questions. As your management company, we are here to protect your investment and help you when you need assistance. Get a comprehensive FREE management analysis and learn more about our Denver property management services.

The material provided in this newsletter is for informational and educational purposes only. It is NOT legal advice. Although we believe this material is accurate, we cannot guarantee that it is 100% without errors.

Filed Under: Denver Property Management

FREE RENTAL ANALYSIS
Receive a customized report in about 5 minutes

Follow Us

Colorado RPM Facebook Colorado RPM twitter Colorado RPM property management YouTube channel Colorado RPM LinkedIn

What will your property rent for - click for FREE rental analysis

    Property Owners & Investors
    How Can We Help You?


    Top Denver Property Managers
    Best Property management in Denver

    Broomfield Office

    12303 Airport Way #160
    Broomfield CO 80021

    Phone: 303-803-1117

    Colorado RPM google mybusiness reviews

    Fort Collins Office

    Phone: 970-236-4648

    Colorado RPM google mybusiness reviews

    Management Services:

    Property Management
    Free Rental Estimate

    Loveland Office

    Phone: 970-432-3110

    Colorado RPM google mybusiness reviews

    Denver Office

    1660 S Albion St #619
    Denver CO 80222

    Phone: 303-710-8391

    By Appointment Only

    Colorado RPM google mybusiness reviews

    Copyright 2017 Colorado Realty and Property Management, Inc. · Privacy Policy

    Denver Metro  Boulder housing association   Boulder Real Estate    CLLC
    Colorado Realty and Property Management, Inc. BBB Business Review   NARPM  Broomfield Chamber of commerce  CIV  Realtor logo  echo logo

    Denver · Arvada · Aurora · Berthoud · Boulder · Brighton · Broomfield · Centennial · Commerce City · Englewood · Erie · Firestone · Frederick · Fort Collins · Golden · Greeley · Greenwood Village · Gunbarrel · Highlands Ranch · Lafayette · Lakewood · Littleton · Louisville · Longmont · Loveland · Niwot · Northglenn · Parker · Sheridan · Superior · Thornton · Westminster · Wheat Ridge · Windsor


      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.