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Why You Should Hire a Property Manager for Your Single-Family Rental Investment

In Rental Property by Bergan & Company

With competition cooling in the housing market and buyers wary to give the green light to purchase, it’s not a seller’s market right now. Economic uncertainty is the likely culprit and is predicted to continue through the 2020 election. Meanwhile, the single-family rental continues to be the growth darling of the housing industry. Even home builders are getting in on …

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7 Reasons You Should Hire a Rental Property Manager

In Property Management by Bergan & Company

The rental market in the U.S. is thriving. It’s accelerated steadily from fall 2018 into summer 2019. It’s up in 49 of 50 top markets with an annual 3 percent increase in the rental price. The upswing is attributed to low supply and steady demand due to the generally good economic climate and demographics. This makes it a fantastic time to use your property to generate income. …

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5 Questions You Need to Ask Before Hiring a Property Management Company

In Property Management by Bergan & Company

Renting out a property can help you to achieve your dream of earning a passive income — but it’s also a ton of work.  You need to market to and interview tenants, collect rent every month, handle maintenance tasks and issues, and, unfortunately, even mitigate conflicts with difficult renters.  In addition to everything else you have to handle with your …

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How to Turn Your Home into a Rental Property

In Property Management, Rental Property by Bergan & Company

If you’re having problems selling your old house, or if you’ve inherited one and you’re not sure what to do with it, consider renting it out. The promise of a consistent flow of cash from your tenants is just too good to pass up. However, converting your home into a rental property isn’t as easy as putting up a “for …

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Becoming a Landlord? Here’s What to Know About the Colorado Landlord Tenant Law

In Colorado Law, Property Management by Bergan & Company

If you’re thinking about becoming a landlord in Colorado, we know you want to do everything possible to ensure that you don’t run into any potential problems with your tenants.  While conducting proper building inspections and performing timely maintenance within your building is essential if you want to keep your tenants happy, you also need to familiarize yourself with the …

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Space for Rent: Learn the Benefits of Renting out Your Space

In Property Management by Bergan & Company

Renting out a home, an apartment complex, or any other kind of property is an excellent way to make some serious passive income.  If you’re considering renting out one of your properties, you need to know exactly what to expect from the process, financially and otherwise. Yes, owning a rental property can help you to pad your income and dedicate …

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Tenant Trouble: Best Practices in Dealing With a Difficult Renter

In Property Management by Bergan & Company

Every landlord, despite strict screening processes, will, at some point have to deal with a problem tenant. You might be frustrated that they’re weeks late on their rent. Your other renters might be complaining about weird smells or loud noises. Despite these annoyances, you should be rational when dealing with difficult tenants. Before you knock on their door, calm yourself …

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Property Investment: Demand for Single-Family Rentals is at an All-Time High

In Real Estate Investing by Bergan & Company

Single-family rental homes make up about one-third of the 16 million rental properties in the US. The demand for such properties is at an all-time high, and it is not showing signs of slacking. It only makes sense to look into this potentially lucrative investment option. What Will You Get? Investing in a single-family rental property offers several advantages. One, …