by Emily Walters | Sep 13, 2019 | Denver Property Management Education, Property Owner Education
Renting out your property quickly needs to be a priority because long vacancy times will only cost you money. Many of the property owners we work with want to know how long it will take to rent out a property in the Denver market. Our average at Walters & Company...
by Emily Walters | Dec 15, 2018 | Denver Property Management, Property Owner Education
1. Create a plan. You don’t have to have a detailed business plan with every little detail included to be successful, but you do need a plan. Knowing what strategies you’re going to take, what criteria you’re looking for, what your exit strategies are, what your...
by Emily Walters | Dec 1, 2018 | Denver Property Management, Property Owner Education
1. Expect the unexpected from Tenants. Plan for the worse and be pleasantly surprised when you get a great tenant. Tenant planning usually involves money; either periods of no tenants, making property repairs to non-functioning items and non-paying tenants. It’s...
by Emily Walters | Dec 1, 2018 | Denver Property Management, Property Owner Education
1. In order to be successful in any kind of real estate investment in an emerging market, you need to do some careful analysis, you need a lot of drive and the vision to see what few others can see clearly at that stage. – David Lindahl 2. Don’t worry about the money....
by Emily Walters | Nov 1, 2018 | Denver Property Management, Property Owner Education
1. Avoid penny-pinching and the scarcity mentality. But definitely set a realistic budget and add to it every chance you get. Outsource as much as possible to maximize your time. Always shoot for a high return on your investment, but please don’t ever expect something...
by Emily Walters | Oct 15, 2018 | Denver Property Management, Property Owner Education
1. Collaborate. Find great team members to help you pull off your overall vision. One person alone can only handle so much (and it limits your education). – Ken McElroy 2. Know your numbers. It is easy to get emotional about a deal, no matter how experienced you are....
