Colorado Rental Property Management

As a rental property owner you know that taking care of one or more properties yourself can be exhausting and time consuming. Colorado Rental Property ManagementIn Colorado the best property management can’t be easy to find, but in Westminster, Broomfield and Louisville, among others, the best is Denver Realty & Rentals. They provide the best service for real estate investors and their properties.

DR&R provides many services

They are available for their clients 24/7 365 days a year. Important because emergencies don’t follow a schedule or wait for the office to open. They have relationships with vendors of all kinds to keep your properties safe and in great shape. They strive to not only keep the integrity of your property not only where it is, but to make it better from tenant to tenant. They do this through annual inspections and also between each tenant.

Other services include:

  • Check rental rates in your area
  • Prepare the home to be rented (thoroughly cleaned and repaired)
  • Advertising the property for rental
  • Provide professional photographs
  • Vet prospective tenants
  • Show the property
  • Take all the phone calls
  • Protect owner identity
  • Make sure the tenant has quiet use and enjoyment of the property
  • Follow all fair housing laws (Federal and State)
  • Move in, move out checking and cleaning
  • 24 hour answering for emergency
  • Owners are our first priority but we know happy tenants are an owner’s priority
  • Collection of full rents
  • Handle any necessary eviction process

Hire the best

Hire the firm with the most knowledge and expertise to handle your rentals. They only deal with the most experienced and affordable tradespeople to make repairs and do the upkeep on your properties. For more information visit  http://denverrealtyandrentals. com/property-management/

What To Look For In A Denver Rental Property Management Company

If you’re in Denver there are plenty of property management companies. So how do you choose the best one for your needs? Knowing what a good one should do is a start.

A property manager’s main job

A property manager’s main job is to manage, repair and maintain the building, and to keep the maintenance and repair costs to a minimum. A well maintained property keeps its value, What To Look For In A Denver Rental Property Management Companywhich is what the owner wants. Keeping it maintained without having to run and do it themselves is also what an owner wants.

The property manager is the “go to guy” for your tenants . Plumbing broken? Call the property manager. Heat out? Call the property manager. A top notch company will make the repairs and maintenance should be carried on as soon as possible so as to provide maximum comfort to the residents, and minimal damage to the property.

The manager of the property also needs to inform the tenants, about the exact time and duration in which repairs and maintenance shall be carried out so that they can make arrangements accordingly.

More than just maintain the property

A good property manager does more than just maintain the property. They also are responsible to see that there is a good owner and tenant relationship, and tenant to tenant relationship, if the property has more than one unit. Managers are often responsible to see that everyone is following the rules. The property manager is responsible to keep things like noise complaints, illegal activities (like drug dealing), and unauthorized “tenants” from happening, or to address them when they do, in a respectful, but authoritative manner.

They also are responsible for screening new tenants, collecting rent payments, including handling situations where rent is late or the rent check bounces. When finding tenants, a good credit and background check should be run. Situations with non-payment, late or bounced payments need to be handled firmly, but respectfully, especially in this bad economy.

Why The Market Slowing Down Is Good For Denver Real Estate

The real estate market in Denver has slowed down, but that’s a good thing. It sounds counterproductive, but for buyers and sellers, it is a good thing and here’s why.

Puts homeownership within reach

Why The Market Slowing Down Is Good For Denver Real EstateFor buyers it means that homeownership is within reach again. In a slower market home prices are lower. That’s great for buyers, obviously.

What makes it good for sellers is that they don’t have to rush to market. Knowing that they aren’t “missing out” on a hot market means that they have time to get it right. Updates can be made, and they can take a week or month to get their home in the best shape ever.

For a seller that means the best price for their property.

More time and less worry

In a slower market there are fewer frantic buyers buying anything and everything just because it may not be there the next day. Not great for sellers, obviously. But for buyers it means they can take time to see more homes and find the right one, instead of feverishly buying SOMETHING because it may disappear from the market the next day. With that also goes the bidding wars. Having more time to decide without the worry about being outbid.

Better price negotiations

A slower market also gives a buyer more negotiation room for buyers and sellers. For sellers a slower market means less competition. That will help with price negotiations. For buyers it means you can also negotiate price, but with it you can negotiate in repairs, closing costs and other concessions.

Don’t give up your dreams of homeownership or selling your current home because of a slower market. It can be a great thing for you as a buyer or a seller. Call your Realtor today and ask how they can help you.

How To Organize Your Home To Sell

You’re selling your home and you know that it is as up to date as it needs to be. Your kitchen and baths are exactly what people are looking for and the rest of your home is spacious and open. But is it show ready? Could it use some organization? Time to organize your home to sell.

What do you need to do first?

How To Organize Your Home To SellFirst, declutter and remove most of your personal items from the home. Don’t sanitize it, but don’t make it look so homey that buyers can’t see themselves in it. Take down things like family photos and put artwork or things like landscape photos in their place. Pack up the rest to get ready to move. Oh and your kids’ school artwork doesn’t count!

Next, thin out your furniture

Make your spacious home feel even more spacious by removing furniture that takes up a lot of it. Don’t make buyers walk around your furniture. Rearrange the furniture so that each room has a purpose and a focal point. Make the most of that fireplace. Make each room look like what it is supposed to be. Toys go away or to an extra room set up for a playroom. Make that spare room without the closet into an office.

Kitchen and bathroom

Your fabulous kitchen and bathroom needs to be uncluttered and tidy. Baths should have all toiletries stashed away. If they are all out on the counter it makes buyers think there isn’t enough storage space. In the kitchen stow small appliances so the counters are clear for the same reason.

Don’t forget about the exterior of your home

Put away gardening items in the shed or garage (which also should be organized). Set up your patio or deck to show how awesome your outdoor entertaining space is. Make sure outdoor furniture is in good shape with new or new looking cushions. Clean up the decking and grill so they sparkle. When you know people are coming to see your home, set up place settings on the table. If it’s spring or summer set out some iced tea or lemonade and glasses for them to enjoy.

Make your great home look that way before trying to sell!

Denver Home Buyers – Setting Yourself Up Right With A Wish List

As a Denver home buyer, do you know what you want in a home? Think about some of these things. Have you ever browsed around in a store, not knowing what you wanted, but just looking around? How about grocery shopping without a list? Did you buy things you don’t need and regret buying them later? Did you feel like you just wasted all kinds of time? Why would home shopping be any different? It isn’t.

Think about what you want

Denver Home Buyers - Setting Yourself Up Right With A Wish ListSo you’ve decided to buy a home. Great! It isn’t just going to the store and looking around for a bit. Your home is the biggest purchase you’ll ever make. Do you know what you want?

If you’ve owned a home before you probably know what you don’t want. If you’re a first time buyer you probably have a vague idea. You really need to make your wish list. But how can you do that if you don’t know what you want? Questions!

Questions to make your wish list

How much space do you need? Are you just a couple starting out or a family of 5 needing more space? Do you want your kids to have their own bedrooms? Do you often have guests? Do you need a home office? Just by starting with the number of bedrooms you can narrow a search.

If you are a couple starting out, do you need more than one full bathroom? Would a bath and powder room do? Are you planning a family or do you have children? Now would a master bath and main bath sound like a better idea? Ok so now you’ve narrowed your search even more.

Big kitchen or small? Do you cook a lot or just reheat? Does it matter if you have granite counters or will laminate do? Do you have to have a high end stove and convection oven because you love to try your hand at gourmet cooking or will a standard stove do? Do you entertain, or want a big area for relaxation, TV and family time? Is it more important to have that space outdoors?

Do you see how that works?

Your wish list now has bed and bath numbers, what amenities you want and an idea of space. Now your Realtor can find you homes that fit your wish list instead of wasting time looking at things you don’t want.