Friday, August 16, 2013

The Ugly Duckling

Now to the ugly duckling property. A few years ago, I took on a duplex in a more difficult part of town. Steel sash windows, 1950's kitchens and bathrooms, ten year old carpet, poor yards and no garages. The owner assured me of his willingness to make them into swans. Both units were occupied, having a rent commensurate with the low quality of the units. There was no practical way to upgrade the units while they were occupied.

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.

1 comment: