Thursday, August 30, 2012

Term "Pet Deposit" Misleading

It is common to get a higher dollar amount for the security deposit when a pet is involved. you should NOT identify this additional amount as a "pet deposit", as that may limit how your total security deposit can be used when the tenant vacates the property.

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit www.coloradolandlordsolutions.com website. Or visit Meer and Company website at www.meerandco.com.

Tuesday, August 21, 2012

The Reason To Allow Pets

Remember that each lost week of rent can never be made up. Lost rent is similar to an empty airline seat. Once the plane leaves, the income from that seat is lost forever; hence the reason airlines will sometimes offer airfare below its actual cost. Getting the unit rented in only one week is guaranteed to put more money in the owner's hands.

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit www.coloradolandlordsolutions.com website. Or visit Meer and Company website at www.meerandco.com.

Tuesday, August 14, 2012

Pets Or No Pets

The landlord has a business decision to make regarding pets. Probably two-thirds of would be renters for single-family homes have a pet (we are talking dog or cat here). By automatically excluding pets the landlord is drastically reducing the number of potential renters available. The balance of this series will look at the pros and cons of such a decision.

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit www.coloradolandlordsolutions.com website. Or visit Meer and Company website at www.meerandco.com.