Rental properties are at a premium right now, and they are going fast. So it can be frustrating for anyone looking for an affordable, clean rental in the area of a city where they want to move. And expensive. Prospects can spend $200 to $400 per person just on application fees. It can get frustrating, fast. So here are some keys to renting a home fast.
by COL(R) Scott Glascock MPM® RMP®
5 Reasons All County Should Manage your Property: Managing your investment property yourself means a lot of work. From tenant screening to preparing lease documents, you’ll be busy. But don’t let the idea of all this work prevent you from investing in rental property and securing a good course of passive income. Instead, consider hiring a property management company. Here are 5 reasons All County should manage your investment property.
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*without a lot of work
Real estate investments are about one thing. Profit. And to get strong returns on that investment, you need strong management. Keeping your properties rented and maintained can be complicated. You also want your property to be priced right, and to have a lease that will protect you. Hiring a good property management company can be the best thing you can do to increase your rental income. Here are 5 ways to maximize your investment property profits.
1. Maximizing the rent
How to Have Good Tenant Communication: To be successful as a landlord, you need good communication with your tenants. Even if you take the time to select responsible tenants, constant communication is important. They will have maintenance issues, and possibly even maintenance emergencies. They will have life changes that also require lease changes, like marriage or getting a pet. If your tenant is redeployed or dies, you’ll need to replace your tenants sooner than you expected. Continue reading →
If you have investment properties and have rented them out, you know the problems that come from not being able to collect rent on time. You not only have to cover the mortgage payment yourself, you have to spend time to go about collecting the rent. This can be costly and irritating. Here’s how to collect your rent on time. Continue reading →
If you trust your property manager, you’re set. You know that he will take care of your property, so it retains it’s value. You know you’ll have tenants paying you, and those tenants are good people. You know you can access your account at any time to check on your investment. But how do you know if you can trust your property manager? Continue reading →
It’s fall, and we can look forward to turning leaves, trick-or-treating, and football weather. But a long with the good comes the work, especially if you own a rental property. If you don’t have a good property manager working for you, it’s important to inspect your rental property before cold weather comes. If things are not prepared, damage and safety issues can cause you and your tenant problems. Safety issues can endanger your tenant’s health, as well. Make sure you take at least the following 10 Steps to prepare your rental property for cold weather before the 1st freeze hits your neighborhood. Continue reading →
All County® Colorado Springs takes property management seriously. We study and enforce the standards of professionalism expected in our field. Here are the property management standards of professionalism that we take an oath to follow. The 1st article of the property management standards of professionalism addresses the property manager’s responsibility to protect the public. Continue reading →
Most people get into real estate for profit.
Want good ROI (Return on Investment) from your residential investment properties? Keeping your units rented is one of the most important parts of getting that return. Continue reading →