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.
 
 
 
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