A Tough Economy & the “Hard-To-Rent” Property
You would have to be a hermit holed up in the back-of-beyond not to have been impacted by the challenging national economy this past year. Many areas have seen mammoth numbers of foreclosures. My area (Denver, Colorado) has been one of the cities that has fared the best. Still [...]
Do You Do a Final Walk-Through With Tenants
This topic has been a thorn in my side for many years, but I suppose there are two sides to this coin. If you walk through the unit with tenants before they move in and as they are moving out, a written record of each walk-through could be [...]
Marketing is “Brown vs. Cinnamon”
I woke up this morning from a dream about a color swatch of Cinnamon. Yes, I dream about work in full techno-color as only a true workaholic could do. So, why Cinnamon?
The difference between Brown and Cinnamon is a drop of red to heat up the hue. That is exactly what [...]
Do you rent to pet-owners?
In a slow economy it becomes increasingly obvious that some re-thinking of renting to pet-owners is necessary. Does potential pet damage justify leaving a lease/rental property vacant or should you reconsider your stance on pet occupancy?
A pet deposit is the first step of covering the cost of property damage by [...]
Initial contact with applicant:
Initial contact with potential tenants is usually by phone or, in today’s markets, by e-mail. Your first response needs to cover the rent and security deposits being asked and, if such is the case, should include the fact that credit and background checks may or will be run. Be up front about [...]