Keep in mind that the managing agent for the rental property has the obligation to maintain the physical structure. That is not to say that he/she must pay for the repairs to the property. It is the responsibility of being the eyes and ears of the owner and reporting any serious maintenance/repair issues. The balance of these next blogs will discuss handling (1) routine service work (2) major repairs and (3) emergency repairs.
Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter’s Landlord solutions visit Meer and Company website at www.meerandco.com