Water is a necessary element to support life and when it concerns rental property, water usage must be available to tenants. Water can be a force in itself, such as a serious flood or hurricane. Left unchecked in a rental property, water can cause anything from minimal to major havoc and damage. Water problems can affect just about every area of the property, inside and out. Kitchens have … [Continue reading...]
Property Management Articles
If you’re considering hiring a property management company in Denver, Colorado Springs and/or Fort Collins, Colorado Realty and Property Management, Inc. could be the right choice for your needs. The property management articles below are a great resource for landlords and real estate investors.
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Rewarding Tenants Can Be Profitable
Successful companies know that it is important to pay attention to their clientele. To keep clients happy and encourage a continuing relationship, they provide gifts, discounts, and more. In short, they go the extra mile with rewards to promote continuing income. Without a tenant, the property owner has no income; the tenant IS the client. Your rental property investment IS a business. … [Continue reading...]
Plan Fall and Winter Maintenance Early
Thinking about fall/winter maintenance needs for your investment before the season hits can often save you money. An extra benefit is that it can help to keep your tenants happy. For example, if you wait until the rains or winds come and the roof leaks, you will be competing with everyone else to have the work done because roofing contractors are at their busiest. This can mean major delays and … [Continue reading...]
Pest Control and Your Rental Investment
Pests can be a problem any time during the year and are a common occurrence in the rental industry. If you check the dictionary, there are varying definitions for pests; here are three common ones. An insect or other small animal that harms or destroys garden plants, trees, etc. An annoying or troublesome person, animal, or thing; nuisance A deadly epidemic disease, especially a … [Continue reading...]
New Energy Requirements
No one likes surprises that affect their investment financially, which is why we are apprising you now of the legislative changes in the event your property does require a new AC unit, heat pump, or water heater. Air Conditioners/Heat Pumps Beginning January 1, 2015 the federal government, the U.S. Department of Energy (DOE) changed the 13 SEER energy standards to 14 SEER. There is a new … [Continue reading...]
What Do Tenants REALLY Want?
Everyone has heard horror stories about bad tenants. They make movies about them because melodramas sell at the box office. While there are bad tenants who cheat owners out of rent and can be destructive, the majority of renters are simply good people. What investors really want is good tenancy, as well as the best return on their investment. These are the very reasons why property owners should … [Continue reading...]
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