Long-term tenants are great for cash flow. They guarantee income every month. The question that many landlords in Denver have is: how do I attract these tenants to my rental property? There are certain things that you can do. For example, you can demonstrate great communication and organizational skills, present a clean and well-maintained property,…
There are many things that are key to running a successful rental business. For example, finding the right tenant, charging the right rent, and building a good relationship with your tenant. One thing that often goes under the radar is equal and fair treatment of tenants. Fairness comes in many forms. However, playing…
For most Americans, their homes are their single largest asset. It’s no wonder that around 95% of property owners have homeowners insurance, according to a survey done by the Insurance Information Institute. However, does homeowners insurance cut it when it comes to rental property investments? The answer is no. In fact, homeowners insurance policies…
One of the many property management decisions that have to be made is whether or not include utilities in the rent. Examples of utilities include electricity, natural gas, trash collection, water and sewer services, internet and telephone services, and security or alarm systems. When managing your rental property, you may choose to include all the…
There are many reasons why disputes arise between landlords and tenants. Rent issues are a particularly common reason in Denver. It goes without saying that rent is the lifeblood of the rental business. When your tenants are not paying rent, a number of problems are bound to occur. For one, you may be unable to…
There are many reasons that make Denver the perfect city for a real estate investment. Denver is one of America’s fastest growing cities. It’s also the biggest city in the state of Colorado. From its economy to its tourism industry, this city has what it takes to attract great tenants for your rental property….
“What can I do to make the most out of my rental property?” – A question that most landlords often find themselves asking. Let’s face it. Most property investors venture into the real estate industry with the aim of making profits from their investment. Unfortunately, if they aren’t perceptive, the expenses of running a rental…
Having good relationships with your Denver tenants is the key to a successful rental property business. There is no doubt about it. A good landlord-tenant relationship has a host of benefits. One of them is the reassurance that you’ll get paid at the end of the month. Happy renters are also more likely to renew…
Knowing when to hold off and when to sell real estate are two of the most important investment property decisions you’ll need to make. Timing is everything. Sell at the right time and you get a great price for your property. Sell at the wrong time and you might not get top dollar or may…
Owning a rental property can be one heck of a lucrative business. In spite of the rewards, it also digs up a lot of challenges. Mainly, keeping everything in good, rentable condition when it’s time to look for new tenants. Often when landlords focus mainly on updating the interiors, they miss opportunities to capitalize…