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Three Ways a Property Management Company Can Help You Find and Keep Renters

John Iannone - Tuesday, February 28, 2017
Property Management Blog

Property owners often struggle with finding and keeping tenants, resulting in vacancies and lost revenue. Here are three ways a property management company can help fix that problem:

One: Attracting prospective renters
A property management company will market your property for you. When prospective renters call, the property management company will be there to answer their questions, show them your property, ensure they qualify, and handle all of the paperwork. The result: fewer vacancies and more revenue.

Two: Responding to tenants
As an owner, the last thing you want to do is act as a customer service call-center, especially if you have a large property with dozens of units. At the same time, you want to ensure that your tenants always have someone to call with their questions and requests. Moreover, you never want to miss a report of an issue that might result in costly repairs for you, such as a water leak. As the first point of contact for your tenants, your property management company can do all of this for you, ensuring that no call goes unanswered, no report unheeded.

Three: Maintaining the property inside and out
Maintaining a large property can be a daunting task. Hiring contractors, keeping track of scheduled maintenance, and so on, can be more than one person can manage. And if you don't live nearby, this can be especially difficult. After all, you may not always be aware of the current condition of your property. In this regard, a property management company can be a life-saver, handling all of your property's indoor and outdoor maintenance. The result is not only a property with satisfied tenants and glowing online reviews, but a higher long-term market value.

With the help of a first-class property management company you will be sure to attract long-term tenants, keep them happy and maintain an immaculate, high-value property.

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1. The prospective tenant has the right to provide to the landlord a portable tenant screening report, as defined in Section 38-12-90219 (2.5), Colorado Revised Statutes and
2. If the prospective tenant provides the landlord with a portable tenant screening report, the landlord is prohibited from: charging the prospective tenant a rental application fee or charging the prospective tenant a fee for the landlord to access or use the portable tenant 1099-5 screening report.

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