For Rent by Owner: Common Pitfalls and Mistakes

Recent statistics show that 36% of American households are renters.For investors who are looking to profit from real estate, purchasing a property and placing it "For Rent by Owner" may be a good investment opportunity. Still, while being a landlord could be lucrative, ...

How to Maximize Profits on Your Investment Property

Did you know there are almost 20 million rental properties in the United States?Hundreds of thousands of people own and manage their investment properties successfully-and you can, too.However, there are a few things you need to know about investment property. The information in ...

Rental Property Accounting: The Importance of Accurate Records

Is your goal to produce passive income from a new rental property in Westminster this summer? Smart thinking.Research shows the average property investor earns $70,000 to $124,000 a year.But if you don't keep accurate records of your expenses and rental income, it can cause a...

How to Keep Your Tenants Happy

Keeping your tenants happy is no small feat, but it's one of the most important tasks of being a responsible and successful landlord. Just like every other relationship in our lives, it has to be nurtured, and it requires work on both sides. Happy tenants do not only mean les...

Why Use a Property Manager

Purchasing rental property in Colorado is a smart investment and can be a significant source of residual income for property owners. However, property management can be an enormous undertaking that requires a great deal of time and effort.Property management involves the process ...

Winter Is Coming: Are You Ready?

A lot of work goes into preparing a property for the dangers presented by even mild winters. Adequately winterizing a property means taking precautions to protect the pipes and plumbing systems, reinforcing windows to save energy costs, inspecting roof integrity and drainage,...

Winterizing Your Rental Properties

During these cold winter months it is important for property managers to winterize rental properties. Taking these simple steps will help prevent common weather related damages to rental properties. Spending money on preventative measures will always pay off when major costly ...

3 Steps For Managing Security Deposit Refunds

Having tenants in our rental properties can be great things when we go through the proper suggested tips to find the perfect fit, but just like in anything, there can be ups and downs. Sometimes we find ourselves in situations that are not ideal and we have to start asking big...

Breaking the Lease

Most tenants sign a lease for a year at a time. This ensures that for that year, a steady income can be counted on and decisions for either finding new tenants or continuing a lease can be thought out and planned on. This helps landlords rest easy in tenant stability for the m...

Four Things That Will Keep Your Renters Happy

A happy, responsible renter is like gold, and — as with any treasure — you don’t want to lose it. If you want to enjoy long relationships with your tenants, follow these four tips for keeping them happy and ready to renew that lease. 1. No Surprises The best way to ensure ...