The Residential Property Manager (RPM) collects the monthly rent, pays bills/management fees and then pays the mortgage. As long as the rent covers all these items, everything is fine. Should there be a shortage, the RPM simply asks the owner to forward the necessary funds.
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.
Wednesday, March 26, 2014
Thursday, March 20, 2014
Making Mortgage Payments - A Serious Business!
As a Residential Property Manager (RPM), you may be asked to make the mortgage payments on behalf of the owner. Seems like a simple request, no problem. Looking more closely, there are a variety of potential hazards.
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
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
Tuesday, March 11, 2014
Notarized Letter
The original tenant will also need to provide a notarized letter that they have received their portion of the security deposit. This letter should also release you from any and all obligations connected with the original tenant's deposit. With these letters in hand, you can remove the old tenant's name and replace it with the new tenant. The new tenant initials their inserted name and signs the original lease.
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.
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.
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