Major Repairs

In maintaining the physical structure major repairs include such items as: furnaces, roofs, sewer lines, electrical updates, etc. Having the furnaces serviced by a licensed contractor every other year is critical to tenant safety. If carbon monoxide is found, it may be imperative that the tenants vacate the property until the furnace is completely safe. This may mean the installation of a new furnace. Usually, the occupants are thankful that you have found the problem and are moving immediately to resolve it. Tenants find places to stay with family or friends while the new furnace is installed. Generally, we give them a credit on the following months rent for the number of days they could not safely be in the house.

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