August 20, 2009
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 [...]
June 19, 2009
Getting “Green” Can Put Cash in Your Pocket
Energize your remodeling and maintenance budget with funds and rebates from Stimulus Package programs and government funding…there are likely hundreds of these programs cropping up across the country. Xcel Energy (Colorado, Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas) is offering a rebate of up [...]
June 18, 2009
Water Conservation for Rental Properties….Save $ and Water
Those of us who own duplexes, four-plexes and multi-unit rental properties take a deep breath before opening the water bills.* Of course, a portion of each unit’s rent is budgeted for water, but water bills are still one of our least predictable expenses.
Leaking toilets and old toilets are [...]
June 16, 2009
Beware of Rental Fraud on Vacant Properties
This article was in the Denver Post Monday, June 15, 2009. It details how criminals (yes, I am going to call them criminals) are targeting vacant properties with a rental scam. This is an unfortunate by-product of our challenged economy right now.
After reading this news article, you may be [...]
June 9, 2009
Tips and Tricks for Rental Property Safety
The first time a city inspector for HUD subsidized housing required me to install handrails on stairs, I whined about the extra expense…but did it anyway to get the place rented. Years later as my knees creak with arthritis, the handrails get a lot of use.
· Handrails,
· skid [...]
June 5, 2009
Maintaining Landscaping at rental properties is a multi-faceted topic. Landscaping is a major investment… as well as an important investment. HGTV has taught those of us needing more tutoring how important curb appeal really is… even for rental property.
If you have had a property listed for rent more than a few hours, someone has already [...]