Different Ways to Buy Investment Property | Lakewood Property Management
By Susan Melton - Friday, December 25, 2020
There’s no one way to do things.That reminder extends to investing in real estate. Some investors get started in real estate accidentally. They inherit a home or they move out of the place they’re living in and instead of selling it, they wisely decide to rent it out...
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In Colorado, there’s no limit on the amount of a security deposit landlords can collect. However, there are some strict regulations on how it’s returned and in what timeframe. This is an easy place to make a mistake, and those mistakes are often expensive. Tenant disp...
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Work with Both a Realtor and a Lakewood Property Manager When Purchasing Investment Property
By Susan Melton - Friday, October 30, 2020
Experienced investors understand the value in working with both a Realtor and a Lakewood property manager when looking for new investment opportunities. For starters, two heads are always better than one – why not surround yourself with as many experts as possible? Realtor...
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5 Easy Upgrades & Renovations Proven to Boost the Value of Your Lakewood Rental Property
By Susan Melton - Friday, June 19, 2020
When you’re leasing a Lakewood rental property, you want to attract the best tenants possible, and you want your investment home to earn as much rent as it can. Offering a modern, attractive, and well-maintained property is one way to achieve those goals.This doesn’t ...
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Lakewood Rental Property Maintenance: How to Routinely Handle as a Colorado Landlord
By Susan Melton - Friday, June 5, 2020
Rental property maintenance requires responsiveness and a reliable list of licensed and insured vendors and contractors who can do good work for affordable prices. You’ll need to respond to routine repair requests as well as unexpected emergencies.Most landlords expect that...
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How to Diversify your Real Estate Investment Portfolio | Lakewood, CO Investor Guide
By Susan Melton - Friday, December 27, 2019
Diversifying your real estate investment portfolio is a great way to protect yourself against potential losses. It can also help you earn more ROI. Investment professionals are always encouraging their clients to diversify, and there are a few ways you can do that with your renta...
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Should I Allow Pets In My Rental Property? | Lakewood, CO Property Management Tip
By Susan Melton - Friday, December 13, 2019
For many people, pets are a part of the family. If you’re not going to let a highly qualified tenant move in with his prize Pomeranian or her twin Siamese cats, you’re going to lose a potentially great tenant.We recommend that you allow pets in your rental proper...
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How Much Should Charge in Rent For My Lakewood CO Rental Property?
By Susan Melton - Friday, November 15, 2019
Rental value can be an emotional topic. A lot of rental property owners come to the market with a specific idea of how much their home is worth and what they want to earn. There are a lot of factors that go into accurately pricing a rental property, and one thing that doesn&rsquo...
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Common Mistakes Made As a Landlord and How to Avoid Them in Lakewood, CO
By Susan Melton - Friday, November 15, 2019
It’s easy to make mistakes as a landlord, and even experienced rental property owners find themselves making errors and bad decisions. The problem is that these mistakes can usually be expensive.Today, we’re talking about some of the most common mistakes we come acro...
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Investing in Real Estate Out of State | Lakewood, CO Landlord Education
By Susan Melton - Friday, November 1, 2019
The Lakewood real estate market is strong and attracting a lot of attention from investors all over the country and even outside of the country. We have attractive properties, high rents, and a stable tenant pool that’s reliable and financially secure. While out-of-state i...
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