There are a few things you need to know about rental property insurance, especially if you were living in the home and then vacated it in order to rent it out. In such a case, you want to make sure your insurance company switched you to a landlord policy instead of a homeowner policy. It covers different things and provides additional coverage. I’m no expert in insurance, so make sure you talk to your agent or your insurance company. I can, however, share a few broad things that make a difference in successfully renting out your property. (more…)
Home warranties can be interesting when it comes to your rental property. A lot of property owners are big proponents of warranties, and that’s fine. I’m not for or against them. It is important, however, that you understand what’s in your warranty so you can be sure you get what you’re paying for.
Whether you’re a professional landlord or a property owner who is self-managing, you need to be educated about and prepared for fair housing laws. One of the most challenging fair housing areas for most owners is service animals and companion animals. Today, we’re providing some important landlord tips that will ensure you don’t unintentionally violate the law. (more…)
Anyone who is relocating or moving into a new house often wonders: Should I rent or sell my home? Today, we are sharing a few reasons to rent your property instead of selling it. (more…)
Pricing your rental home can be difficult if you’re trying to manage a property on your own. We always encourage that you work with a professional property manager because of the liability, legislation, fair housing issues, and other regulations that have a major impact on your rental home. This is one of the largest assets in your portfolio, and you want to make sure good decisions are being made. If you are certain that you want to manage on your own, however, we can help you figure out how to price your rental property. (more…)
We are sharing some questions to ask a property manager. Use a template when you’re talking to different companies, because a lot of managers offer similar services. You want to figure out what sets them apart. Ask these questions when you’re looking for property management in Colorado Springs, which investors can feel comfortable with. (more…)
When you own an investment property, the name of the game is to increase your ROI and keep your cash flow coming in. Today, we’re talking about three ways to ensure you’re earning the most you can with your rental income. (more…)
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