Be A Better Landlord

Be A Better Landlord

Rental properties are one of the best ways to earn passive income and build wealth, but “passive” is a little misleading—it can still be a substantial amount of work. 

However, with a little planning and dedication, you can run your properties efficiently while also keeping your tenants happy.

Treat it like a business

Successful businesses have plans and procedures that keep things running smoothly, and the same should be true for renting and managing your properties. That means committing to customer service, outsourcing work appropriately, and paying close attention to income and expenses. Don’t just assume that you’ll collect a check each month and everything else will be a breeze.

Thoroughly vet your tenants

Collecting applications, interviewing tenants, and checking references means a lot of legwork up front, but it’s worth it in the long run. Choosing the right tenant could mean going years without incident—no late payments, no legal issues, and no property damage. Choosing the wrong tenant could mean monthly calls and visits to collect late rent, expensive property damage and repairs, eviction processes, court dates, and a whole lot of stress.

Make sure your lease is rock solid

Lease agreement laws vary from state to state, so don’t cut corners—find a lawyer who specializes in lease agreements. You’ll be glad you were thorough if you ever have legal issues with a tenant.


As your REALTOR®, I will help you find a quality investment property or help you get your investment property ready to sell. Let me be your guide through the home selling, or buying process. Call me today at 720.675.7355 or email me at donnahansenion (@) gmail.com.


Donna Hickey Hansen Headshot
Author:
Phone: 303-949-3393
Dated: February 6th 2018
Views: 140
About Donna: As a Realtor and real estate investor, I love finding first time home buyers, move-up buyers and inv...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Almost 70 Percent Of Millennials Regret Buying Their Home -  Almost 70% of millennial's
Aug 12 2018 36392 1 - Life is ever changing and filled
The Cost Of Selling Without An Agent - You’ve heard of buyer’s;
August Really - August 1?  Where has the year

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Ion Real Estate
2049 Larimer St.
Denver, CO
720-466-2866
720-367-5213

Other Locations