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Pros and Cons of Including Utilities in Rent
One of the many property management decisions that have to be made is whether or not include utilities in the rent. Examples of utilities include electricity, natural gas, trash collection, water and sewer services, internet and telephone services, and security or alarm systems. When managing your rental property, you may choose to include all the utilities or a select few in the rent structures. However, you have to weigh the pros and cons of a utilities-included rent and see if this option makes sense for both you and the tenants. If you own…
How to Handle Late Rent Payments from Denver Tenants
There are many reasons why disputes arise between landlords and tenants. Rent issues are a particularly common reason in Denver. It goes without saying that rent is the lifeblood of the rental business. When your tenants are not paying rent, a number of problems are bound to occur. For one, you may be unable to pay for things like debts and property expenses. Sometimes, failure to pay rent can be a case of forgetfulness. However, in other cases, it might just be due to irresponsibility. Whichever way you try to look at it, not paying rent is a…
Ultimate Guide to Investing in Denver Real Estate
There are many reasons that make Denver the perfect city for a real estate investment. Denver is one of America’s fastest growing cities. It’s also the biggest city in the state of Colorado. From its economy to its tourism industry, this city has what it takes to attract great tenants for your rental property. If you are an investor looking for information about Denver’s housing market, you are in the right place. At Evolve Real Estate & Property Management we specialize in working with real estate investors in Denver and the surrounding…
Tips to Maximize Rental Income
“What can I do to make the most out of my rental property?” - A question that most landlords often find themselves asking. Let’s face it. Most property investors venture into the real estate industry with the aim of making profits from their investment. Unfortunately, if they aren’t perceptive, the expenses of running a rental property may dwindle their profits. So, are you a landlord looking for ways to maximize your rental income? If so, you’re in the right place. This post covers a number of tips and tricks you can use to fully exploit you…
6 Landlord Tips to Have Better Relationships with Your Denver Tenants
Having good relationships with your Denver tenants is the key to a successful rental property business. There is no doubt about it. A good landlord-tenant relationship has a host of benefits. One of them is the reassurance that you’ll get paid at the end of the month. Happy renters are also more likely to renew their lease as well as care for your property. Here are 6 landlord tips to have a better relationship with your Denver tenants. Tip #1: Be forthcoming from the beginning. Tenants don’t like surprises, especially after they have signed t…