Thursday, February 20, 2014

What The Vacating Tenant Needs To Do

Making sure this new tenant meets your requirements is important. This procedure will require dealing with the security deposit of your original tenant. The vacating tenant needs to provide a notarized letter indicating their actual departure date from the rental property and their relinquishment of all rights to the property.

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 (CcomRMC) 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, February 11, 2014

Proper Screening Important

Ask the departing tenant to locate a replacement, subject to your normal credit, criminal, employment and landlord checks. The departing tenant needs to direct this new person to you, thus allowing the proper screening procedure to be followed. If this individual meets your requirements, go for a substitution of tenants.

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 (CcomRMC) 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.

Thursday, January 23, 2014

Look For Solutions

Most often, a tenant who is about to break the lease will call you to discuss how to handle the "change". At the point of the phone call you need to look for solutions to the problem, rather than threats of legal action and credit reporting. Most often hardball tactics do not work.

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

Friday, January 17, 2014

Musical Chairs

All applicants (age 18 or over) for the residential rental property should be required to complete your rental application. The lease I use (there is no standard residential lease in Colorado) prohibits subleasing or assignment. Unfortunately, that prohibition does not stop tenants from playing musical chairs.

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

Friday, January 10, 2014

The Once and Future Tenant

When renting a residential property all of us want to know who, exactly, is going to be occupying it. So how does it happen that different or more tenants end up in the property? MUSICAL TENANTS! How do you stop this from happening?

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

Thursday, December 12, 2013

No Quick Fix

Practically speaking, illegal, unauthorized tenants are very difficult to remove from your rental property. Your best bet is to convince the legal tenant to get them out. Sorry I can't give you a quick fix for this residential property management problem.

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550 and manages 150 single-family units in metro Denver. Mr. Meer is also a speaker and consultant. He holds the Master Property Management (MPM) designation awarded by NARPM. His firm holds the Certified Residential Management Company (CRMC) designation also awarded by NARPM.

Thursday, December 5, 2013

Going to Court

Even if the tenant admits to the extra people, the judge might order that the unauthorized residents vacate the property. If the tenant agrees to do that, the case may well be dismissed. Should your authorized tenant fail to get the other folks out of the rental property, it's back to court again. The court may terminate the lease agreement and order the tenant out of the property. Generally, however, judges don't like to terminate leases.

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