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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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Owning a Rental Property: The Key to Financial Independence

In Property Management, Real Estate Investing by Bergan & Company

Landlords, along with business owners, tend to be about four times wealthier than the average American. And if you look at how much renters are spending on rent checks and how much profit rental properties in Centennial Colorado are making it is easy to see why. According to a recent Zillow report, American renters – especially those in major cities …

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Building a Good Relationship with Your New Tenants

In Property Management by Bergan & Company

Many landlords desire to be in good terms with their tenants and build a favorable relationship with them from the start. As a landlord, you have a lot of expectations: punctual payment, the fair use of private and shared amenities, respect of other tenants, etc. Tenants also expect something from you. They want the assurance that their landlord is not …

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What Will Make Your Good Tenants Stay Longer?

In Property Management by Bergan & Company

As a rental property investor, your goal is to keep your vacancies filled for a higher return on investment (ROI). Managing a property on your own could be stressful. Fortunately, rental management companies in Denver are here to help. And one of the ways they can assist you is with tenant satisfaction. When your tenants stay for good, you secure the long-term …

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Avoid “Renting Horrors:” Screen Potential Tenants

In Property Management by Bergan & Company

From leaky faucets and broken appliances to a pony hidden in the yard, no property issue is unfamiliar to long-time rental property owners. Apparently, there is such a massive surplus of misbehaving tenants that there is an entire AskReddit thread dedicated to sharing the worst tenant stories. Dealing with difficult tenants can get costly quickly, especially if it involves evictions. Between …