Tuesday, January 30, 2018

Best practices for renting your property

Best practices for renting your property and keeping tenants happy


Rental properties are one of the best ways to earn passive income and build wealth, but “passive” is a little misleading—it can still be a substantial amount of work. However, with a little planning and dedication, you can run your properties efficiently while also keeping your tenants happy.

Treat it like a business

Successful businesses have plans and procedures that keep things running smoothly, and the same should be true for renting and managing your properties. That means committing to customer service, outsourcing work appropriately, and paying close attention to income and expenses. Don’t just assume that you’ll collect a check each month and everything else will be a breeze.

Thoroughly vet your tenants:

Collecting applications, interviewing tenants, and checking references means a lot of legwork up front, but it’s worth it in the long run. Choosing the right tenant could mean going years without incident—no late payments, no legal issues, and no property damage. Choosing the wrong tenant could mean monthly calls and visits to collect late rent, expensive property damage and repairs, eviction processes, court dates, and a whole lot of stress.

Make sure your lease is rock solid.

Lease agreement laws vary from state to state, so don’t cut corners—find a lawyer who specializes in lease agreements. You’ll be glad you were thorough if you ever have legal issues with a tenant.

INTRODUCING:

REAL PROPERTY MANAGEMENT FORT COLLINS LOVELAND
2120 South College Ave. Suite 7 Fort Collins, Colorado 80525
970-658-0410
Paul Ross
I highly recommend you give them a call for all of your property management needs
▪ The Real Property Management Advantage 50+ years of combined real estate experience
▪ Northern Colorado’s leader in property management
▪ Serving Larimer and Weld/Counties
▪ Local expertise
▪ backed by knowledgeable staff
▪ Simple and predictable fees


The Real Property Management Guaranteed Service
We are confident in the services we provide, that’s why we offer a 30 Day Guarantee. Real Property Management Fort Collins Loveland guarantees an approved tenant applicant within 30 days of the property being rent-ready – or you pay nothing!
Other guarantees include 60 Day Risk Free Guarantee, Rent Payment Guarantee, and Eviction Protection Guarantee.
Contact our office to learn more about pricing and guarantees
2120 South College Ave. Suite 7 Fort Collins, Colorado 80525
970-658-0410
I have a lot of connections within the Northern Colorado area. Please don’t hesitate to call and ask me any questions you might have. This process is all about you and your needs. Real Estate is a big investment and I understand that. One thing you will get with me is a personal relationship, In the end, that goes a long way.
Northern Colorado is a great place to live! For more information, please give me a ring or email me today. I would love the opportunity to earn your business and partner with you in regards to your Real Estate needs.
If you are looking to purchase, I can show you how to save a lot of money, as much as 10% on the purchase and finance of your next home.
Contact me today to learn about ALL of my strategies to get you the BEST price for your home in the SHORTEST possible time, with the least amount of Brain Damage!
Paul Ross  970-217-3245
RESIDENT REALTY


Northern CO Real Estate

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