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Property Management Boulder Colorado

Discover How To Become A Great Landlord

Property management and being a landlord is tough, to put things mildly. One must contend with constantly complaining tenants, those who do not pay their rent, and seemingly endless repairs and maintenance issues. Rental real estate and being a landlord comes with a lot of responsibility and stress. When everything is said and done, it can all turn a good-natured person into a jaded landlord.

Nonetheless, being a good landlord is essential if you want good tenants. It is easier to just look at renters as merely revenue, rather than people and building good tenant/landlord relationships. There are numerous benefits to creating a strong connection with your tenants. It is important to attract and retain good tenants, and it becomes very costly when a property becomes vacant. Happy tenants are just good business. Don’t you agree?

Above and beyond the lost rent, it can take a landlord 40 hours or more to replace a tenant. That is time spent advertising the property, screening prospects, showing the rental, reviewing applications and everything else required. Working to keep good tenants makes a whole lot more sense. So, with that in mind, here are some tips to get started.

Becoming a Great Landlord

1. Customize Your Lease – Those fill-in-the-black forms you find online and in office supply stores are one-size-fits-most, even when they are state specific. Create a straightforward lease with clear expectations and rules, including late payment fees.

2. Educate Your Tenants – Set expectations early. Don’t assume they will actually read the lease or your rental guidelines. Take the time to explain all your rules and policies. A little time up front will help you avoid headaches later.

3. Set Up Regular Property Inspections – This will give you the opportunity to make sure that the property is in good condition and stay on top of maintenance. However, it also gives you the opportunity to see how tenants are treating your property.

4. Make Timely Repairs – As the landlord, you are responsible for the repair and upkeep of the rental property. Don’t wait until something becomes an emergency. The faster you handle repairs, the happier your tenant.

5. Always Use Precise Language – If a tenant violates the rules of the lease, it is important to use precise language. If you are not clear, you may lose the ability to enforce that clause of the agreement.

6. Respect Privacy – Your tenants have a right to their privacy. You need to provide proper notice if you plan a visit. Moreover, it is a good idea to limit visits to regular business hours or the very early evening.

7. Show Compassion – Some will disagree, but if you show a tenant some compassion when they have an issue (within reason), they will remember the kindness. This can create a lot of goodwill and loyalty. Just don’t let yourself be taken advantage of.

For more property management tips contact Housing Helpers professional property managers at 303-545-6000.

Corporate Housing, Corporate Housing Companies

Landlords and property managers in Longmont get free advice from Boulder County DA

The City of Longmont provides a wealth of resources for Landlords, Property Managers, and Tenants.  The Longmont Landlord Tenant Alliance offers ongoing monthly presentations and programming that Longmont property managers and Landlords just shouldn’t miss.

On May 14th, the Assistant District Attorney Jane Walsh, Director of the Consumer Protection Division, and Claire Hunter, Consumer Specialist, will be speaking at the Longmont Landlord Tenant training alliance.  Walsh and Hunter will have some interesting,and surprising, things to say about how their office can help you as a landlord.

In addition to the Landlord Tenant Training Alliance the City of Longmont website contains free information for Landlords and Property Owners on topics like Lease Agreements, Landlord Tenant Legal Forms, a Landlord Tenant Handbook, Repairs and Maintenance Resources, Roommate Disputes, Security Deposits, and Mediation Services.  Landlords and Property Managers in Longmont can find answers to many common questions as well as the forms needed to manage their properties in Longmont.

The Longmont Landlord Tenant training alliance is a collaborative program between the Longmont Police Department and Community and Neighborhood Resources.

The Landlord Training Alliance is held every 2nd Wednesday of the month at:  Longmont Senior Center, 910 Longs Peak Avenue, Rooms D & E, from 6:30 p.m. to 8:30 p.m. 

Each monthly training has been approved by the Colorado Division of Real Estate for 2 hours of Continuing Education Units (CEU’s) for licensed realtors.

Longmont Property Management training programs include:

What You Need to Know About Bed Bugs

You own a rental property. Your tenants are distraught because they never had bed bugs before moving in now, their furniture is crawling with them! But . .  . your property never had bed bugs before the tenants moved in. How did bed bugs get into your property? Who is responsible for extermination? Is extermination possible?

Bed bugs have become a huge issue for landlords and tenants in Longmont. They are easy to get and difficult to get rid of. David James has a doctorate in entomology from CSU and is the owner of James Pest Control. David will talk about bed bug control in homes, apartment buildings, motels and hotels.  If you have bed bugs, you won’t want to miss this presentation.    If you DON’T have bed bugs, you need to know how to keep them out of your home or properties.

Evictions From A Sheriff’s Point of View

Deputy Sheriff Kye Javes has been doing evictions for the Boulder County Sheriff’s   Office for nine years.  He has plenty of stories to tell.  He also has unique information on  the eviction process.  If you don’t understand how evictions proceed.  Deputy Javes will   have the information you need.

Fair Housing and Mental Health

For Fair Housing Month, Jim Whiteside, the Enforcement Chief for HUD’s Denver office   of Fair Housing, will discuss how the Fair Housing Act impacts landlords and tenants  with mental health concerns.  This should be of great interest to many landlords, so bring  all your questions.

2nd Annual Landlord Fair in Roosevelt Park

Our first Landlord Fair last year was a lot of fun.  In attendance, we had a wide range of  vendors and services of interest to landlords, plus food trucks.  The weather was perfect  for outdoor networking.  Join us again this year, when we will have a bigger, better  Landlord Fair.

Longmont Landlord Alliance Training is free and open to all, so check it out.  For more information on the Landlord Tenant Training Alliance visit the City of Longmont website at http://www.ci.longmont.co.us/cnr/landlord/symposium.htm.

For more information about Longmont Property Management contact us at Housing Helpers.  We have over 27 years of experience helping Longmont Property Owners rent their home, condo, or investment properties in Longmont.

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HOUSING HELPERS is a full service real estate company, apartment locator, corporate housing provider, and relocation company offering a diverse selection of properties for sale and for rent in Colorado and Nevada. We can also serve your relocation needs throughout the country with our network of affiliates. We’re much more than an online database, we’re relocation professionals that will work hard to find your dream home. Since 1987, Housing Helpers has made home finding fast and easy for clients across Colorado including Boulder, Longmont, Louisville CO, Broomfield, Denver, Golden, Fort Collins, Colorado Springs and all of the suburbs in between. We're also experts in Las Vegas, Nevada.

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