Property Management Education

Condos vs Single-Family Homes: What's the better real estate investment?

System - Friday, April 28, 2017
{{ post.title }} The team at Grace Management works with a lot of first time investors. Being in business since 1978, we are able to lend valuable advice to help them get started on the right track with their real estate investment journey. One of the most frequently asked questions we get is, “What kind of property should I buy? Are co...

What Kind of Insurance Do I Need on My Rental Property?

System - Wednesday, March 29, 2017
{{ post.title }} As a rental property owner, it’s imperative you have proper insurance in place to protect you and your assets. The two types of insurance coverage you need are a Landlord’s Policy and an Umbrella Policy. This blog gives a brief overview of the provided coverage in each and explains why they're vital for landlords to ...

Should I Rent My Investment Property Furnished?

System - Wednesday, March 29, 2017
{{ post.title }} A lot of property investors wonder if by furnishing their unit, they will generate more rental income. This blog covers three important considerations for investors weighing the option of renting their property furnished. More furnishings mean more liability. Put simply, if your renter gets hurt based on your furniture ...

7 Step Checklist for Finding (and Keeping) a Great Tenant

System - Tuesday, February 21, 2017
{{ post.title }} One of the most common questions we get from landlords is, “How should I qualify an applicant for my rental property?” After marketing the property and attracting prospective tenants, what areas should you look for to identify a quality tenant? A good tenant is someone who pays his or her rent on time and takes care o...

Should I Allow Pets? 5 Considerations for Landlords

System - Tuesday, February 21, 2017
{{ post.title }} When it comes time to rent out an investment property, every real estate investor needs to ask themselves this question: “Should I allow pets in my property?” Here are five important considerations to help you decide:     Statistics show that about 60% of tenants come with pets. If you decide not to allow p...

Should I Hire a Property Manager for My Rental Property?

System - Tuesday, February 21, 2017
{{ post.title }} Should I self-manage my investment property or hire a professional property manager to do it for me? This is quite possibly the most important decision a rental property owner has to make before placing a tenant. Here are four questions to ask yourself if you’re unsure which route is best for you.   ...

How Do I Get Rid of a Bad Tenant?

System - Tuesday, February 21, 2017
{{ post.title }} No matter how diligently you’ve screened your tenants, you’re bound to eventually get a bad one. Bad tenants tend to violate one of two things: the rent or the lease. We’ve outlined the steps a landlord should take when handling either non-paying or lease-violating tenants below.     Payment Violations ...

The 4 Most Common Mistakes Landlords Make When Hiring a Property Management Firm

System - Tuesday, February 21, 2017
{{ post.title }} Hiring a property manager takes a lot of trust. You are handing them the key to what is probably your biggest investment, so it’s important to take time on the front end to vet them and identify the best one for you. Below are solutions to the four most common mistakes landlords make when it comes time to hire a propert...

How Much Does Professional Property Management Cost?

System - Tuesday, February 21, 2017
{{ post.title }} How much does hiring a professional property manager cost? This is a question we regularly encounter and the answer is, it depends. As a real estate investor, you want to look for a property manager with a transparent and straightforward fee and cost structure. In this post, we cover the five common fees you should expect...

Interview Questions for a Prospective Property Manager

System - Tuesday, February 21, 2017
We often talk to unhappy real estate investors and landlords, unsatisfied with the professionalism, integrity, or results of their Denver property management company. With so many North Denver property management companies to choose from, it can be difficult to identify the best one for you. We  created this guide to help real es...

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