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 [...]
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. The [...]
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 [...]
Summer is a busy time for re-leasing of properties but MOD Properties continues to make sure that we are attending to the details. Moving is a particularly important time for a new resident and a vulnerable one for investment property owners. For our clients, MOD Properties makes sure that units are video-ed and photographed [...]
Our software allows us great flexibility in receiving and accepting payments from residents, giving them a number of payment options. as well. As I write this, Colorado is under Stay At Home orders in response to the spread of the Corona Virus and COVID-19, making these options more important than ever. Residents can still [...]
As Denver's housing costs increase and we face unprecedented economic circumstances, we are seeing a rise in what is called "Creative Housing." Creative Housing refers to when independent renters pursue short-term rental solutions that are cheaper and offer less responsibility than a full-length lease. Under a MOD Properties lease, this would considered subletting and [...]
