Thursday, August 29, 2013

Poor Quality Units

That was the critical point in time that I missed the boat. With the owner's promise to do more in the future, I agreed to the new paint, carpet and vinyl as our only improvements. Sure enough, the units were rented (still below market) to very marginal tenants. For much of the past two years we have had to post eviction notices for both tenants. Poor quality units attract poor quality tenants.

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 Meer and Company website at www.meerandco.com.

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