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What Can I Charge to My Tenants Security Deposit?

Key Points:Ensure a smooth move out for both landlord and tenant.What can you deduct for a particular damage item?What is the difference between damage and normal wear and tear?If you own Colorado rental property, it’s imperative that you make yourself aware of the rules and regulations regarding security deposits. When a tenant vacates your ...
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How Often Should I Inspect My Rental Property?

Key Points:Inspect the property once a year during the middle of the lease term.Look for evidence of unauthorized pets, illegal activity, or maintenance needs.Many problems can be avoided with quality tenant screening.It is a critical mistake to place a tenant and then forget to check back in on the property. There are 4 practices we advise for ins...
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3 Questions to Ask Before You Let a Repairman Into Your Rental Home

Key Points:Best way to screen a repairman or service companyThe importance of business liability and workman's comp insuranceThe benefit of a property management companyIf you are a self-managing rental property owner, it’s only a matter of time before you receive the dreaded phone call from your tenant alerting you to a maintenance issue...
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