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  Owning a rental property can be one heck of a lucrative business. In spite of the rewards, it also digs up a lot of challenges. Mainly, keeping everything in good, rentable condition when it’s time to look for new tenants. Often when landlords focus mainly on updating the interiors, they miss opportunities to capitalize on what good curb appeal brings to the table. By investing time and effort into maintaining your rental, there’s no doubt you’ll get top dollar when trying to lease it out. Whether you’re planning short-term or long-term rent…

  Winter is the most important time for property maintenance! Combined with precipitation and cold winds, sustained low temperatures can damage your home. To avoid such problems, it is essential that you prepare your rental property for the winter season. This will save you time and money on roofing, plumbing, and other repairs come spring.   9 Things You Need to Do Now to Prepare for Winter   1.    Check your safety alarms Regularly inspecting fire and carbon monoxide alarms is crucial as winter approaches. Sadly, it’s one thing that many lan…

  In the early stages of being a real estate investor, taking a hands-on approach is usually for the best. When your investment portfolio is small, managing properties is a practical and fulfilling task to complete. You also learn a lot more about how the industry really works. However, if you are successful in your real estate business, your holdings will grow to the point where managing the day-to-day operations of investment property is beginning to show diminishing returns. The first thing to happen to you is that you no longer feel like y…

To make the most out of renting your property, it all comes down to minimizing expenses. There are many expenses that will come up that you simply have no control over. That’s just the name of the game. A big expense that can creep up and you simply can’t avoid is the gradual wear and tear of your furnace. That doesn’t mean you can’t do something about it.  Proper maintenance of your furnace will ensure that you get more years of reliable service before needing to replace it.   You Don’t Have to Wait for Expensive Repairs Many homeowners prefe…

As long as you are able to get the right renters and arrange a lease agreement that protects your best interest, investing in the Denver real estate market can be profitable. To ensure that your investment remains rewarding, you need to make sure that you adhere to the landlord-tenant relation regulations set in the city and state where you are investing. Violating Denver’s rental laws that govern landlord-tenant relations can be costly and messy, possibly leading to legal actions. For this reason, it is absolutely important for all Denver lan…