Rental Inspections: Protect your property and your residents

How often do you perform inspections of your rental properties? One thing’s for certain, it’s important to balance the number of rental inspections you do—too many, and you create problems with your tenants, and too few could lead to potentially serious and expensive issues. The one thing to remember is that rental inspections are vital for property management. So, here…

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Digital Vendor Reviews and the Importance of Relationships

A recent article in The Denver Post exposed poor business practices regarding the ranking and promotional system at Angie’s List. With Angie’s List being known as a trusted source for quality vendors, this news leaves many landlords scrambling for where to go now. The article explains how the ranking of “top-rated pro” was only given to companies who paid Angie’s…

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5 Simple Tips to Help You Keep Good Tenants

Vacant units are expensive. Not only are you not bringing in rent while a unit is vacant, you also incur costs marketing it and finding new tenants. Instead of losing money to vacant units, work to keep good tenants around. It doesn’t take a lot to keep most tenants happy and it can save you a lot in the long…

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Common Move-In/Move-out Misunderstandings

There are a wide range of expectations when it comes to moving in and out of a rental. From the tenant to the owner to the property manager, there are a lot of people to make happy. So what should these walkthroughs cover and how can you manage the expectations? Here are 3 common misunderstandings for move-in and move-out walkthroughs:…

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5 Tips for Staging Your Kitchen to Help Sell Your Home

As they say, the kitchen is the heart of the home. Make your kitchen stand out by giving it some attention before you list. A clean and organized kitchen can wow almost any buyer and all you need is a little elbow grease. Here are our 5 tips to stage your kitchen before you list: Clean – And Again Kitchens…

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Tips for Handling Unimaginable Tenant Situations

After a few years of working with tenants it’s likely you’ll have stories to share you never would have imagined. Despite tight screening things with a tenant can go wrong quickly. Maybe they lost a loved one, lost their job or are struggling with their health. Life happens and some tenants aren’t able to manage and start to go off…

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Tips for Successful Real Estate Investments

Pay careful attention to 3 key areas Income Expenses Financing Run the numbers BEFORE buying Cash-flow analysis before and after taxes Tax Savings or Liability Project the cash-flow for the holding period Disposition plan and overall investment performance over the holding period FMRR – Financial Management Rate of Return is a system to capture a the points listed above. I…

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