The Millennial generation makes up a large demographic of Colorado renters in Denver, Aurora, Centennial, Parker, and more, so those who own an investment property or are thinking of buying one would be smart to find out what they are looking for. These 18-33 year olds are opinionated and know what they want. You can make your property more marketable based on this information.
So why are there so many renters from this generation? Many are just getting out of school, and have student loans and other expenses to pay, so renting seems like the better option to them. Those on the older end of the spectrum may still be recovering from the economic slump, and a little shy to jump into home ownership just yet. Others just don’t want to have the responsibility, preferring to hold off on the burden of paying taxes and home maintenance for a little while.
But many of these millennials don’t want to compromise in what they want. For the most part, they want a place that is updated, stylish, and conducive to entertaining. Granite counters, stainless steel appliances, open concept, and an outdoor living space are just some of the things on the top of their list. A condo or townhouse that offers amenities such as a pool or fitness center is also attractive to many from this generation.
If you currently own an income property and are thinking of doing some upgrades, this type of information may steer your decisions in a way that will attract more renters. If you’re considering purchasing a property for the purpose of renting it out, you can look for something that checks off some of these things on a millennial’s “must-have” list.
Whether you’re a seasoned landlord or just starting out, owning an investment property is a great way to build a financial future for you and your family. If the day-to-day details such as filling a vacancy, collecting rent, or handling maintenance issues gets to be overwhelming, call 720.989.1996 or contact us. Legacy Properties-PM, property management company can help with these things while you continue to enjoy the financial benefits of your investment.
Your Denver Residential Property Management Expert
Thanksgiving is a great time to spend with family and friends, reflecting on your blessings. We know that residential property management may not seem like something to be thankful for, but our roots are deeply planted in real estate, and it has provided for us for many years, and that causes us to reflect and be grateful.
Eventually, we (the grandkids) grew up and started to help with all facets of managing the properties, from finding tenants to handling maintenance issues. We learned in the trenches how to deal with hard issues such as financial records and evictions, and from that process figured out ways to make having a rental property less stressful and more profitable.
Now, we want to help other people start a legacy for their own families. Real estate is a sound investment, because whether the economy is strong or weak, people need a place to live. We’ve had the opportunity to learn from the best, and now we can use our knowledge to help other people. From finding the right property to renting it out and making a profit, a real estate investment doesn’t have to be overwhelming with the right people on your side.
And so, this Thanksgiving, we’re thankful for our family legacy in real estate, and we want to pass it along to you. If you own a rental property or want to jump in and start investing, call 720 989 1996 or contact us so we can help you get started.
Legacy Properties-PM Shows Your Rental Property 7 Days A Week
We take pride in making sure we are always ready to show your Colorado Rental Property whenever your tenants are available for a tour.
With our busy schedules, touring a rental property often has to be scheduled on a weekend, so your tenants can be home from work and available to take a close look at your rental property in Colorado.
Watch our YouTube video that explains the careful pride we take in showing your home to the right tenants. We will make sure your rental property is managed better than ever.
We create a Move In and Move Out Video of your Rental Property in Colorado
This protects you, your Colorado Property Investment, and your tenant.
You will be able to SEE the EXACT condition of your property as your new tenant moves in, and when he or she moves out.
This stops most security deposit disputes in their tracks as we have a video record of the condition of your home rental property both before and after the tenant has lived there.
We even do a separate video to market your rental property. This is a totally separate type of video than what we do when your tenant moves in.
Your move in video will consist of:
A video of the front yard
A video of the back yard
A separate video of each level of the house
You are given a youtube link to the video so you can review it at any time and use it with our comprehensive quarterly property reviews.
These move in tenant videos as well as our move out videos are admissible in court if your tenant disputes the damages found in your property.
After your Colorado tenant moves out, we do the same process to create your move out video. A video of the front yard, back yard, and each level of the house is created.
Why do we do all of this for you as a Colorado rental home property owner?
Because you are trusting your valuable property investment with us, and we greatly appreciate it.
THAT’s real quality Colorado Property Management Service.
THAT’s Legacy-Properties-PM!
Call 720 989 1996 and ask for Devin, the best property manager in Colorado. Period.
One of our Property Owner Clients Raised His Income 25% !
How did we accomplish this as his Colorado Property Management company?
We know the true value of your rental property in Denver, Aurora and throughout Colorado and we know what it SHOULD and CAN rent for.
We would like to offer you a Free Rental Market Analysis on your property no matter where your rental home is in Colorado.
Why do you know so much about rental rates?
We use the best combination of rental evaluation tools you can find on the web today. We also know more about the areas of Aurora, Denver, and Parker Colorado than most any other property manager in Colorado.
So, how DID our property management client increase his ROI by so much?
By suggesting a minor change to the property, and by carefully researching the area and other home rental rates, we were able to find out that our client’s property was actually able to be rented at a much higher rate.
That’s quality and integrity and customer service in Property Management.
The life of an income property owner in Colorado is never dull. While it’s a sound financial decision to invest in a home, condo, or townhouse, there’s always something on a landlord’s “to-do list.” A residential property management company such as Legacy Propoerties-PM can take care of that list for you, saving you time and stress.
Some of the tasks you can say good-bye to when you stop trying to be your own landlord and hire a great property management company:
Dealing with maintenance calls. No more middle-of-the-night calls about a clogged toilet. We take the calls, evaluate their urgency, and even send someone to fix the problem.
Keeping financial records. If you spend tax time digging through pockets looking for receipts, we can help with that. Monthly and annual financial records keep track of your income and expenses.
These are just 5 ways a Colorado property management company can help make your life easier, but, in reality, there are countless ways we can help you out.
In the Denver Colorado area, Legacy Properties-PM wants your investment to be more than just another source of income, but a long-term legacy for your family. Our decades of experience and membership in the National Association of Residential Property Managers (NARPM) make us the best choice.
If you want more information on property management services, pick up the phone and call 720 989 1996 or contact us.
