The way a tenant lives in the property may also be a serious problem. No tenant ever tells you they intend to abuse the property. Experience has proven that a certain number, although small, will violate important terms of the lease. One example we found was an illegal child care center (eight children per day under the age of six) at one of the properties. The lease prohibited such activity. To make matters worse, the tenant was not licensed and carried no insurance as required by Colorado law. The legal liability to our firm and the client was a frightening thought.
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
Peter Meer provides information, resources, advice, tips, and techniques on residential property management in Denver. Peter Meer is President/Broker of Meer & Company, Inc. (303) 322-1550 and manages 150 single family units in metro Denver. Visit Meer & Company, Inc. at www.meerandco.com.
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