720 989 1996
The 5 Most-Hated Tasks of a Landlord, and Why You Should Invest in Real Estate Anyway

The 5 Most-Hated Tasks of a Landlord, and Why You Should Invest in Real Estate Anyway

Property Management, Real Estate Investing

Many Colorado people like you have considered investing in residential real estate, but are not sure they want to deal with all the negative aspects of the job. If we’re being honest, it’s not all fun and games, and there are times you really have to be the bad guy. For that reason alone, many people decide they don’t want to go down that road. If some of these scenarios come to your mind as situations you don’t want to deal with, you’re absolutely correct that they do happen, but there is a solution.

  1. Asking for prospective tenant’s personal information. To make sure you have a responsible renter, you need to ask for information pertaining to credit history, background checks, employment, and even information such as whether the person owes child support.
  2. Collecting rent. In a perfect world, tenants would pay their rent, in full, on time, every month. In case you’re wondering, this isn’t a perfect world.
  3. Enforcing the lease. Whether you suspect a renter has a pet that isn’t allowed, or isn’t keeping the agreed-upon quiet hours, sometimes you have to confront a tenant about these situations.
  4. Maintenance needs. Getting a call in the middle of the night about a clogged toilet or a leaking roof is never fun. Sometimes you have to deal with it, and sometimes you have to determine that the problem is more than just normal wear-and-tear, and let the renters know they are responsible for it.
  5. Evictions. While it hopefully doesn’t happen often, once in a while you might get a bad egg that won’t pay the rent, and won’t leave, which leaves you no choice but to go to court to evict them.

If you are a person who doesn’t like conflict and isn’t very assertive, you may have decided against investing in real estate, but when you hire a property management company, you can let them do the dirty work while you enjoy the benefits of your investment.

In the Aurora area, Legacy Properties-PM takes care of all these situations and more, so there’s no need to worry about it. If you’d like to invest in real estate, but want someone else to take care of these types of tasks, read our Property Management FAQ, call 720 989 1996, or contact us.

Money Tight This Holiday Season? A Denver Property Management Company Can Help

Money Tight This Holiday Season? A Denver Property Management Company Can Help

Property Management

Everyone puts a smile on their face this time of year, but the truth is, it’s a stressful season for many people. One of the biggest problems which becomes hard to ignore this time of year is financial strain. Expectations to give gifts to others causes bank accounts to plummet, yet you’re supposed to be happy about it. Many people have found a way to bump up their income by investing in residential real estate.

With the help of our property management company, you can look forward to having a little more financial peace, both during the holidays and year round.

You may be wary of purchasing property when your finances are strained. That’s very wise, and you’re right to listen to that little voice that advises you to be cautious. But, as the old saying goes, you have to spend money to make money. We’ve found that to be true in our many years of property management experience, which is why we now make it our goal to help others achieve success through investing in real estate.

With our expertise, we can help you find a property that is the right price, in the right neighborhood, that will turn into a source of income for you and your family. Not only will we help you find the property, but we can help you manage it so your time isn’t taken up with tasks such as finding tenants, collecting rent, dealing with maintenance needs and knowing all the legal ramifications of being a landlord.

It can be hard to be in a joyful mood during the holiday season when you’ve got financial stress on your mind. If you’re having a hard time figuring out a way to increase income, investing in residential real estate may be the perfect solution. It’s how our legacy was started, and it may just turn things around for you too. For more information, contact us by calling 720-989-1996.

 

Legacy Properties-PM

Real Professional Colorado Property Management!