As the impacts of COVID-19 continue to spread and landlord/tenant laws change, it can be tempting for many investment property owners to think self-managing is a good way to save money. While this strategy seems advantageous for some, there simply aren’t enough hours in the day for overseeing the day-to-day operations of investment real [...]
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So far modprop_lmyok8 has created 24 blog entries.
While Denver temperatures are still scorching, August and September is exactly when the best Landlords know to begin prepping their rental homes for the cooler months. At MOD Properties, we are monitoring weeks out to make sure that we have sprinkler blowouts scheduled and completed before freezing temperatures arrive. As soon as temperatures begin [...]
Now that you've approved a solid prospect to move into your investment home, any owner knows how important it is to maintain a good relationship with your renters. For more on how to handle the immediate next steps, read our blog here: Coordinating the perfect move-in Many Landlords will wipe their hands of the [...]
Even with so much uncertainty in our world right now, there has never been a better time to open or expand your real estate investment portfolio. Compared to the stock market, your return is much higher over time as appreciation continues to grow, and your funds are far more secure. When you invest in [...]
Moving in a new tenant is where most property managers and landlords make the greatest number of mistakes. If a property is left in less than satisfactory condition prior to move-in, it sparks a poor relationship with the new residents. When this process is mishandled, residents are more likely to request additional repair items, [...]
Summer is nearly here and our team has been hard at work for months now to make sure all of our rental properties are ready. We begin lining up landscaping vendors in February to make sure that we are able to secure the best pricing for our Owners. Each vendor has been fully vetted [...]
The Coronavirus has already impacted absolutely every industry in our nation. When the news hit of how the pandemic would affect America and Denver specifically, our priority was immediately to develop new payment policies and communicate them to our owners and residents in an effort to provide relief and certainty in a chaotic time. [...]
Vacancy costs YOU money! We've broken down how much mishandling tenant turnover can cost you in a short video https://www.youtube.com/watch?time_continue=3&v=SBbacr5DWTw&feature=emb_title The best way to limit vacancy is by confidently negotiating a renewal with your current resident. MOD Properties builds a strong relationship with residents throughout the lease and requires folks to provide 60 days' [...]
Investment property owners expose themselves to extreme risk by failing to ensure that application criteria are published and in compliance with all Fair Housing recommendations. It is the number place where Landlords lose money unnecessarily. In August of 2019, Colorado passed a new bill regarding application fees. As a result of this law, we [...]
The last month has brought with it a whirlwind of ever-changing circumstances. We have and will continue to adjust and adapt as needed to try and provide all of our usual services to owners and residents. MOD Properties has remained ahead of this crisis in being prepared for changes and we will continue to [...]