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How Denver Property Management Companies Can Manage Your Rentals

May 25, 2016

A property management company that is your Denver real estate expert can help manage your properties and provide you and your tenants have a great experience. Whether you are renting single-family homes in your area, or have a large complex, the tasks that it takes to manage a building can be handled. From background checks to full management, this third party service provides many services to accommodate you and make your business successful.
  1. Tenant Review Process: Property management companies can do the background and research on tenants before allowing them to sign a lease with you. It begins with running credit reports to review their history and viewing debts and their stability. It is important to know your tenants will make payments on-time and be able to afford the rental. Next, a company can run criminal background checks that ensure they will not be a danger to you, your rental or other tenants. They can also reach out to references the tenant has listed from previous rentals and speak with other landlords to ensure they are good tenants.
  2. Rent Services: Having a property management company handle all issues with deposits and rent can relieve a lot from you as a property owner. They can collect rent from tenants and be the ones that interact with them if there are issues, or if they are late with payments. As time goes on, rent prices can fluctuate. This company watches the market and updates prices accordingly based on prices in the area keeping your business profitable.
  3. Maintenance: One of the reasons why people choose to rent is to have their maintenance issues handled by their landlord. It is important all issues are handles quickly, efficiently and properly as soon as possible. If you are unable to provide that service, this is where a property manager is crucial. They will handle maintenance issues that will help keep your tenants happy and safe, and fix issues correctly, which will save you in the future.
  4. Budget and Business Management: A property manager can handle the budget of your rentals and make sure the business is running smoothly. This ensures everything is kept in an organized manner, from budgets to tenant needs, which provides a great experience for tenants—making them a repeat customer, but also, makes you a reliable company. Plus, a property management company can help you with high vacancy rates by providing all the services listed above and also, understanding landlord-tenant laws.
When it comes to Denver property management companies, you can trust The Sherman Agency will provide superior services to you and your tenants. Our service guarantee means all requests from tenants will be responded to within four hours and resolved in 24. If for reason this isn’t possible, we work with the tenant to ensure there is a plan of action and clear time frame needed and works for them to fix the issues. Plus, you can rely on our 24-hour emergency system. Learn about our services and give us a call at 303-572-8778 to see how we can help your business grow.